Topic: [ANN][PSB] Pesobit, the currency for remittances and international cooperation - page 5. (Read 62264 times)

Happy Monday everyone, there will be an increase in  the encashment limit from 500 PSB to 1000 PSB within the next 24 hours.
To those who already have their funds in their Ewalletph account and would be planning to withdraw more often, it is better to use the Mastercard/Visa option as the withdrawal via Security Bank using your MC/VISA is free and you only have to pay for the fee in topping up your card which is very minimal.

Website is ewalletph.vmoney.com

eto na pamalit sa coins.ph gara ng price ng btc sa coins eh napaka taas and support natin pinoy apps

hello po.
ewallet.ph po ba ngayon is down?
hindi kasi maka load sa browser ko!
i'm using firefox. Blank lang ang nasa screen pag e enter ko sa browser ang ewallet.ph
thanks po.

The Pesobit online wallet has been busy lately with Pesobit -> Philippine Peso conversions going to their chosen ewallet (http://ewalletph.vmoney.com) account. Just a reminder,  it can only be processed on banking days only (including Canadian users).

To those merchants that I dealt with before in putting up their services in the Marketplace, thanks for continued trust in the Pesobit community. Merchants will receive the payments to their items in Cash to their ewallet accounts so no need to worry about the price volatility of Pesobit.

Lots of VMoney users are already being completely verified so I guess we'll be having more users as time goes by. Just a tip in withdrawing your ewallet funds to your bank accounts, use the manual withdraw as it is cheaper.

Have a great weekend everyone.

Thanks to those who processed their Pesobit -> Peso encashment today.
Encashments processed 12:01 am to 12mn will be converted to Philippine Peso and be sent to your ewalletph.vmoney account by afternoon the following day. We will work on increasing the limit little by little.
This also works for Canadian users, just click on the dropdown below your account balance then it will display different currencies - just select CAD in order for you to see your money in CAD value.


The Buy option has been disabled temporarily, we will reenable it but we're going to put up a small spread between buying and selling just at around 0.5%. This Buy option is not your cheapest option but will only be an alternative in case you don't want to deal with 3rd party exchanges. Orders that will be made in this soon-to-be re-opened Buy option will still be sent to exchanges at that same price that you bought it.

We're now opening the encashment section.
Notes:
1) Converted Pesobits will go to the ewalletph.vmoney.com account of the email address you specified so make sure that you get the correct email address of your recipients.

2) The fee was toned down to 0.9%.

3) Beta stage will have the Encashment to 500 PSB per 24 hours.

4) The cash will arrive to your ewallet account the next banking day.

5) The cash in the ewallet account can only be withdrawn to Philippine and Canadian banks at least for now.

6) The conversion rate used is that of coinmarketcap's average price.

We will be work on improving this system little by little.

Next up will be enabling the marketplace but the merchants needs to have an ewallet account so their product sales will be credited to their ewallet account the following business day and this will be enabled this month.

To clarify, the announced coin ICO is only a way for me to know what it the progress of the Escrow program. I repeat, this is an Escrow service being offered by me. The service fee which is around 2% of their collected BTC will be used as buy orders in the exchanges. I'm no longer going to talk about this coin over here but I suppose people will going to ask about it anyway if they see such things in the Online wallet or from other threads. For updates about the Escrow program(s), it will just be posted in the Online wallet.

Before the week ends, we'd like to inform you that we will be pushing back the BETA opening of the Encash function in the  Online wallet for we were able to cut down a 0.2% transaction fee so it will be a plain 1% conversion fee. We'll still to lower it down further and targeting a 0.8% with the service provider. Hope that we can finalize it on Monday so we can open the feature to you. But the limitation will be in effect at 500 PSB probably for the first week.

Also, it seems it has already been announced by the coin developer that Pesobit is their escrow. The name of the coin Shareshub, please see their website at https://shareshub.biz for more info.

Another coin where I will be involved in will be due around 1st week of June. This will be announced soon.

To those who are asking if I will create an exchange from Pesobit to these coins, there could be so we can have a bigger reach of users.

If you're interested in using Pesobit as your escrow for your crowdfund project or ICO, do let me know.

To Shareshub team, thanks for your trust. I will be adding the details to wallet.pesobit.net soon.

PS: The ICO page will not be in the Pesobit Online Wallet, they have their own platform for that.

Best time to buy such cheap Pesobits on c-cex.com, dumpers dont even know what they are missing.

Mukhang bumababa lalo ang pesobit ah nung unang nakita ko yung price ay medyo mababa na tapos bumababa pa lalo. Pero naniniwala akong hindi pa ito ang katapusan. Dahil balang araw ang pesobit coin ay mag nining ning sa altcoin list balang araw. Hindi kaya epekto ito na patuloy na pagtaas ni bitcoin kaya yung mga ibang altcoin nagsisibabaan ulit. Pagbumababa ang bitcoin taas ulit ang mga altcoin. Gising pesobit gising.!

DEYM BABY!! this is so punk! I need one

This is great news.. finally we can have an alternative for coins.ph for our dear OFWs.. Bitcoin is too high now to be used as a remittance tool with its transaction fee keep getting higher as its value going exponential... Pesobit is the cheap alternative.

Thanks lutzow for the great update!

Ayos ang mga update ah. Matanong ko lang may topic ba dito sa pag back up ng account sa psb wallet yung pang desktop? Mag foformat ako laffy.

Just to give you an update on the EWallet system, we will be enabling this withdrawal function in BETA stage within the next 2 days. For trial purposes, it will have a limit of 500 PSB per user withdrawal every 24 hours but will be increased little by little. There will be a 1.2% for the conversion because of the service provider's fee.

As for the VISA/MASTERCARD ordering, it can only be ordered by Filipinos here in the Philippines or Foreigners with Alien Certification of Registration. It will be a VMoney designed card that you can see in the site and will take 5-7 business days. It can be picked up in their office for free or will have a P75 delivery fee for Metro Manila and P100 for Provincial areas.

As of today May 5, 2017 5pm here in Manila, there are 300 registered users of the Ewallet website.
However, most are still unverified because they haven't completed the ID submission process.
To those who won't be able to submit 2 Valid Government IDs, they can submit 1 Gov't ID and 1 Proof of Billing as this is a standard KYC procedure mandated by the Government.
To those who already submitted their ID's, your accounts are now In Process status.
An improvement with the Mastercard/VISA feature, funds can be withdrawn to ATMs worldwide but it will only be available to Filipinos at least for now. We'll work on if we can have it ordered by Filipinos abroad as well.


What ewalet.ph MasterCard can do:
Enjoy heightened security compared to previous magnetic stripe cards
Withdraw from ATMs worldwide
Shop online and anywhere that accepts MasterCard
Instantly load funds to your card directly from your account
Check your card's balance in real-time
SMS funds management



What ewallet.ph VISA card can do:
Pay at nearly 40 million VISA accepting locations
Withdraw funds from ATM outlets worldwide that accept VISA
Transfer funds instantly to your Prepaid Card anytime, anywhere
Have better flexibility and control in managing funds



To those who were asking me if there's a new coin coming along and what's my attachment to it. There will actually be 2 coins that will attach themselves to Pesobit. One will use me as an Escrow and Technical Advisor while the other made me Technical Director. The fees that I will gather in providing my services will be used to fund expenses like Advertisement and Referral bonuses. And if their community grew and their systems become stable then we'll try to a direct exchange system allowing community users of each coin to be able to exchange from one coin to another just like how shapeshift.io does it.

I think the one that made me an Escrow will have their ICO launch next week as I already provided them my BTC addresses and conducted testing and I will place all my BTC addresses provided to them in the wallet.pesobit.net page so everyone can check if their address is a part of the escrowed service and not an edited address by the developer.
The other coin will probably be around 3 weeks to a month away as they are still developing their systems.

Back from the long holiday here in the Philippines.

While we're waiting for the resolution of the ID Verification, the Encash feature will look like this screenshot below once fully activated in the Online Wallet. It will also show you the amount in Philippine Peso equivalent before confirming.
Just to remind everyone how it works.
- Enter the email address of the VMoney account of your recipient.
- There will be a 1.2% withdrawal fee for now (but we'll negotiate with the provider so we can lessen this to 1%)
- Withdrawals processed before 12mn will arrive the next day 12 noon.
- Unverified accounts can receive funds but won't be able to withdraw until their IDs get verified.
- It works for Philippine Peso conversion for now, but trying to make it work for Canadian Dollar as well.

I am aware of your emails regarding verification with most users are not yet being verified even after submitting their IDs. This is what I'm dealing with VMoney about since they handle the verification process. Your concerns are being looked into with VMoney. This is the purpose of Beta stage, to know what issues will you guys be having. Once this is sorted out with VMoney and working smoothly then we will enable the conversion from Pesobit -> PHP but with limits at first.

An upcoming ICO on a new coin would like to avail of Pesobit services as Escrow for their ICO. I will be providing the BTC addresses for this ICO and will be listed here so you would know that if you join that ICO and was provided a BTC address, that address is from an Escrow which is me. But the ICO page won't be here, I'm just providing the IP Addresses for the Escrow service to protect their ICO investors, platform will still be on them. Further details will be announced soon.

Also, I know that there are lots of investors going through the 3rd party investment programs. If you have any concerns with them, don't hesitate to escalate it to me. So far, I haven't received a complain yet so I assume that all are being paid properly which is the point of their locked Pesobits anyway.

BTC is going strong, good thing PSB price is not affected by the recent rise of BTC.
More things/negotiations are in the works in the background


PS: Thanks for all the programs you are running on the side, I hope one of you guys can create a website for those and have them automated

Mas maganda rin tong suportahan yung sariling atin. Mahuhuli ata ako kasi nag aantay pa ako ng sweldo haha.

paunahan na sa ccex for sure gagalaw ang value nito andaming pinoy na nalugi sa na delist na coin sa polo for sure hahanap ng pagbabalingan ung mga un so dapat maunahan na dapat kasi tayong mga pinoy magtulungan para sa atin tong project na to kaya bili na agad at maghold for staking.