FCP & Filipay Mobile App Overview

FCP & Filipay facilitates automatic fare collection to all Public Utility Vehicles, adoption of digital currency trends, sending and receiving money/credits anywhere in the world, getting rebates from your favorite shopping sites or restaurants, paying ahead with your bills, gasoline, foods, travels and many more. It has the following features:

✔ Decentralized Exchange for cryptocurrencies

✔ Automatic Fare Collection

✔ Pay Ahead that Maximizes Payment Mobility

✔ Accessible, Reliable and Convenient

✔ Digital Currency as Reward Points

✔ Highly Secured E-Wallet

✔ Send and Receive Digital Currency

✔ Collaborative Rebates

✔ Loading Gateways

While some providers aim to avoid regulation, we believe it is important to offer a fully regulated platform, and therefore we are committed to working with regulators. We understand that FILIPAY/FILIPCOIN may come within the regulatory requirements of the central banks such as the Bangko Sentral ng Pilipinas (“BSP”), since the apps will include functions relating to the delivery of financial services, particularly, for payments and remittances, which have a material impact on anti-money laundering (“AML”) and combating the financing of terrorism (“CFT”), consumer protection and financial stability. We are currently preparing our application for registration with the BSP. We intend to comply with the requirements of the relevant regulatory agencies in other jurisdictions where we will operate in the future.

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