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UQUID Lets 42M Filipinos Pay Their Government Dues with USDT-TON

UQUID is thrilled to announce the launch of an innovative payment service that enables Social Security System (SSS) members in the Philippines to manage their contributions and loans effortlessly, promoting cryptocurrency’s real-world utility.

Makati City, Metropolitan Manila Area Jun 13, 2024 (EMWNews.com) – Leveraging Cryptocurrency for Streamlined Financial Transaction

The Social Security System (SSS) in the Philippines, established under Republic Act No. 1161 and amended by Republic Act No. 8282, was created to provide social security protection to Filipino workers. As of 2023, SSS had approximately 42 million members, including active contributors and pensioners. The system offers a range of benefits, such as sickness, maternity, disability, retirement, and death benefits, as well as loan programs for its members.

Traditionally, SSS members had to rely on conventional banking methods to manage their contributions and loans. These methods often involve delays and higher transaction fees. With UQUID’s new feature, members can now leverage the benefits of stablecoin like USDt on the TON chain – The Open Network designed by Telegram for their payments, enjoying a more efficient and cost-effective solution. Also, by utilizing USDt on TON (USDt-TON), which is known for its stability and speed, we ensure transactions are quick and shielded from the typical volatility associated with cryptocurrencies. This is particularly beneficial for the 42 million SSS members in the Philippines, providing a dependable and straightforward way to fulfill their financial obligations.

Comprehensive Benefits of Using USDT-TON:

Stability and Speed: USDt-TON ensures fast transaction processing times, avoiding the delays and fluctuations associated with traditional banking systems.

Reduced Transaction Fees: Members benefit from significantly lower fees compared to conventional payment methods, making each transaction more economical.

Worldwide Access, Anytime: Our services are accessible globally 24/7, which is ideal for Filipinos living or working abroad who need to manage their financial responsibilities back home.

Customizable Payment Options: Members can select from preset installment plans for fixed amounts or customize the amount they need to pay, providing flexibility and control over their financial commitments.

Step-by-Step Guide to Using This New Feature

To make your SSS contributions and loan payments via USDt-TON on UQUID, here’s what you need to do:

1. Access and Navigate:

Visit the UQUID Digital Shop website at shop.uquid.com.
From the main menu, select ‘Mobile Topup,’ then click on the ‘Utilities’ section from the menu or directly visit this link.

2. Set the Payment Details:

For ‘Destination Country,’ choose Philippines (+63). Under ‘Provider,’ select ‘SSS Contribution Philippines’ or ‘SSS Short Term Loan.’For ‘Amount,’ pick from preset plans or enter a custom amount.

3. Enter Your Account Details:

Input the mobile number and SSS account number associated with the account you are paying.

4. Complete the Payment:

Follow the on-screen instructions to finalize your payment using USDt-TON. Receive instant confirmation of your transaction.

We invite all Philippine SSS members to experience the convenience and advantages of managing your government contributions and loans through UQUID. Visit our website today and discover how easy and effective managing your financial obligations can be with the power of USDT-TON.

About Uquid

Launched in 2016, Uquid is a pioneer in applying DeFi and Web 3.0 to e-commerce, aiming to deliver the ultimate Shop to Earn experience. With verified merchants, exclusive deals, cashback, and Payin3 with crypto, Uquid leads the way in the Web 3.0 shopping infrastructure. Over the years, Uquid has grown to serve 220 million users across significant platforms such as Binance, Crypto.com, and Gate.io.

With a remarkable monthly visitor count exceeding 50 million, Uquid is not just a platform but a pivotal player in shaping the new generation of e-commerce. Boasting the largest selection of over 160 million physical, digital, and NFT products and offering comprehensive shipping services to over 200 countries and territories, Uquid caters to a diverse global customer base.

Users shopping at Uquid benefit from flexible and convenient payment methods, including cryptocurrency, fiat, or wallets. In 2021, Uquid introduced the first Buy Now Pay Later with crypto option–Payin3–demonstrating its ambition to dominate the crypto marketplace. Uquid Payin3 allows customers to protect the future value of their crypto by delaying payment in three installments over 90 days, interest-free.

Offering an extensive array of products and the best Shop to Earn experience, Uquid continues to redefine the standards of convenience and accessibility in the digital shopping landscape.

For more information about Uquid, please visit: Uquid Official

Source :Uquid

This article was originally published by IssueWire. Read the original article here.

 

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