Setup as a Tagcash Agent today to handle cash in and cash out requests from Tagcash Wallet customers, pay bills or sell load.
Any remittance agent can become a Tagcash agent by registering through the Tagcash Wallet app or website, verifying the account and uploading a remittance license. Anyone else should either attend a BSP 1 day seminar, or can use our training videos and answer some simple multichoice questions.
CASH IN - Customers give cash to you, and you transfer balance from your Tagcash Wallet to their account, usually via QR code scan, email or mobile phone number. There is no charge to do this, so it is up to you to decide how much you would charge, if anything.
CASH OUT - Customers transfer balance from their Tagcash Wallet to your account in Tagcash, usually by scanning your QR code, entering the amount and sending. You then give the cash amount to them, less your fee. Again, there is no charge from Tagcash to do this, so it's up to you how much you should charge.
CUSTOMER REGISTRATION & VERIFICATION - Customers can register using email, Facebook Login or Google account login, and they can cash in up to 5,000 Pesos per day, but they would need to verify their account to Level 3 or 4, to be able to cashout any amount. This can be done via the Tagcash Wallet. If you are an agent and receiving wallet amounts from any user, the sending user MUST be level 3 verified or above.
HOW MUCH DOES IT COST TO BE AN AGENT - Tagcash does not charge to be an agent, and we give Tarps and signage free as well. However, you will need wallet balances to cover the amount of business you intend to do - We would suggest at least 10,000 PHP.
Please chat to us via our chat box if you would like to learn more or need guidance.
Tagcash is a digital wallet developer and platform, building blockchain solutions on Distributed Ledger Technology. Tagcash is regulated by the central bank of the Philippines (BSP), and is authorised as an Electronic Money Issuer (EMI)