Breaking Update: UQUID Lets 42M Filipinos Pay Their Government Dues with USDT-TON!

Uquid
3 min readJun 13, 2024

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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 using USDt on TON (USDt-TON). As one of the first platforms worldwide to offer this capability, we are committed to enhancing user convenience and promoting the significant benefits of cryptocurrency payments.

Leveraging Cryptocurrency for Streamlined Financial Transactions

The Social Security System (SSS) in the Philippines, established under Republic Act №1161 and amended by Republic Act №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-TON for their payments, enjoying a more efficient and cost-effective solution. Also, by utilizing 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 and Alpha Digital Shop

Uquid is a pioneer in applying DeFi and Web 3.0 to E-commerce that aims to bring the best Shop to Earn experience to customers with verified merchants, exclusive deals, cashback, and Payin3 with Crypto. Since 2021, Uquid Digital Shop has been available on the Binance Marketplace and has satisfied thousands of Binance users. Since March 2023, the Uquid Digital Shop Mini app has been renamed to Alpha Digital Shop. Uquid continues to disrupt the world of E-commerce by further upgrading its store with 130K+ digital products in a wide range of selections and categories, including Mobile Top-up, Gift Cards, Game Keys, Bill Payments, etc. With a commitment to bringing crypto closer and simpler for everyone, Uquid will persevere with the company’s mission, helping customers have a great shopping experience when paying with crypto.

Get more news and information about UQUID at: https://linktr.ee/uquidofficial

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Uquid

Leading in Web 3.0 shopping platform with over 160M products. Shop to Earn, exclusive deals, Payin3 with Crypto. Explore more: http://linktr.ee/uquidofficial