Have you ever wondered how much money you actually spend on e-load?
Even with the internet becoming easier and cheaper to access, most Filipinos still spend an average of about PHP 300.00 to PHP 1,000 a month.
To help you see the big picture, you’re spending roughly PHP 3,600.00 or thrice that amount per year!
To be honest, Filipinos just love to socialize and surf the internet.
According to an infographic published on Rappler in 2016, the Philippines has over 119 million mobile phone subscriptions – that’s 10 million more than the country’s current population!
And guess what?
About 113 million are on prepaid.
But what if you can cut your e-load expenditure in half?
And at the same time, have the potential to earn?
It sounds too good to be true, right?
But guess what, it’s possible, and we’ve tested it for real.
The answer: Coins.ph
How Coins.ph Saves You Money?
This app allows you to buy e-load with a 10% discount at all times.
So, if you purchase a PHP 50.00 e-load, which is often used for mobile data, you’re only going to pay PHP 45.00.
Now it doesn’t sound much.
But what you’re forgetting is if you buy that amount from a local store, they always add a mark-up of PHP 5.00 give or take.
So, in reality, you will save PHP 10.00 on each purchase!
Another problem is that most Filipinos buy e-load daily instead of monthly.
Think about it, paying PHP 13.00 every day for PHP 10.00 worth of e-load.
Well, some people will argue that it is a sensible practice.
That’s because they’re not going to use all of it.
But no matter how you look at it – because of the extreme e-load mark-up set by local stores – it’s just not economical.
Ten days straight of buying load daily will end up paying an excess of three days worth of supposed-to-be functional airtime.
Fortunately, here’s where Coins.ph saves the day.
This app serves as an electronic wallet.
And you can use the money to pay bills, wire to other users, and purchase e-load without the mark-up.
This app gives you total control over your e-load expenditure.
Not only is it more convenient, but it also opens up the opportunity to sell e-load to your friends too.
How to Buy and Sell Load Using Coins.ph?
First of all, you need to register and have a verified account.
Once you’re email verified, you can start your e-load business right away!
But before you can sell, you need to cash-in, which will serve as your working capital.
Coins.ph app provides you with a lot of options – from online bank transfer (which is the most convenient one) to third-party entities (remittance centers, GCash, and even select department stores).
Once you have money in your account, you can start by following these steps:
Tap on the Buy Load icon.
Then enter the mobile number of the recipient.
And then select the type and amount of e-load you want to buy.
Of course, when selling e-load to your customers, you will have a profit of 10% due to the generic discount.
It’s solely up to you if you want to add a mark-up to earn a little extra.
And that’s it – you’re now set and ready!
If you’re not the type who wants to sell e-load, this app has another trick up its sleeve to help you make money.
Coins.ph Referral Program to Earn Even More
And that’s through its referral program.
Every time you invite someone and they register, both of you will earn PHP 50.00.
However, they need to be a level-2 verified user.
Now imagine successfully convincing at least ten people to have a level-2 account every single day.
Yes, it’s going to be a lot of money!
But before you can even invite people, you need to be level-2 verified as well.
And here’s how to do that:
Open the Coins.ph app and tap the menu option located at the top left.
Tap Limits & Verifications.
It should prompt an information request screen.
Fill in the blanks truthfully.
Afterward, the app will ask you to present a valid government-issued ID and its number.
Acceptable IDs are as follow:
- Driver’s License (including Student Permits with official receipt)
- Social Security System (SSS) Card (date of birth must be visible on the ID)
- Professional Regulation Commission (PRC) ID
- Postal ID (old postal IDs must have a photo of both front and back)
- Unified Multi-Purpose ID (UMID)
- National Bureau of Investigation (NBI) Clearance
- Armed Forces of the Philippines (AFP) ID
- Philippine National Police (PNP) ID
- Bureau of Fire Protection ID
- Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
- Department of Social Welfare and Development (DSWD) Certification
- Government Service Insurance System (GSIS) e-Card
- OFW ID
- Overseas Workers Welfare Administration (OWWA) ID
- Police Clearance Certificate or Police Clearance Card
- Seaman’s Books
- National Integrated Bar of the Philippines ID
- Alien Certification of Registration or Immigrant Certificate of Registration
Once filled, you will need to upload a photo of that ID (in some cases, it will ask for the back image of it as well).
Please make sure that it’s clear and readable to avoid being rejected.
When your photo uploads successfully, you will be transferred to a page showing your submission for review.
If you’re confident with the photo, tap the Submit button.
Lastly, you will now need to comply with the last part of the process by tapping on the Selfie Verification button.
You only need to take a photo of yourself while holding the valid ID you submitted.
Uploads from external sources are unacceptable, so you have to do the selfie within the app.
And voila! It’s all done!
You just need to wait 24 hours for Coins.ph to approve your verification request.
If you’re a bit of an old-school, you can get verified using your desktop too.
On their website at the top right corner of your screen, click the icon with your name and click Limits & Verifications.
Click the Verify Now button below the Identity Verification icon, which is under the level-2 row.
Provide all the information asked by the system truthfully.
Upload a photo of your chosen valid government-issued ID along with its number.
Lastly, take a selfie with the ID you submitted.
Make sure to allow the website to use your computer’s camera.
Coins.ph is an exceptional app that’s often taken for granted by most Filipinos. Not only does it allow you to store money and make online purchases a lot easier, but it also gives you the opportunity to earn. It’s reliable, easy to use, and available to anyone.
What are you waiting for? Get started now!