Tagcash enables users and merchants to deposit, spend, charge, transfer, disburse and withdraw money using web and mobile app wallets. There are no transaction fees for user to user or merchant to merchant transfers.
Tagcash is a central Bank regulated E-Money Issuer (http://www.bsp.gov.ph/banking/emi.pdf).
CASH IN (TOPUP)
Topup your wallet using most banks, 7-11, agents, or send Bitcoin and it will be converted to pesos within a few minutes, and reflect in your Peso Wallet.
CASH OUT (WITHDRAWAL)
Cash out to any bank, send via Instapay or Pesonet, send to 6 different remittance companies (eg: Cebuana or Palawan), use agents around your location, or convert and send to your Bitcoin address.
Register and login with the Tagcash Wallet mobile application, and you will be able to deposit and spend money to pay bills, buy load and pay verified merchants. Use Verification to upgrade and send money to anyone else and cash out. Limits are set to 100,000 PHP, 400,000 PHP and 5m PHP inwards transfer to your wallet per month. No transaction fees to transfer to other user or merchants.
Create a family account, and add other people who share the account. Set limits on what each user can spend per month. There is no need for ID verification if using your account. Good for your children or other members of the family who have no formal ID.
Create any number of merchant accounts, and switch to them for different balances and functionality. Accept payments from individuals or other merchants by merchant ID, QR code or even NFC cards and bands. Verify your merchant account for higher limits on incoming payments per month.
Tagcash is authorised as an Electronic Money Issuer (EMI) in the Philippines, and builds digital wallets for itself and other companies.