Cash Out To PHP Tutorial

❗️Important Reminder Before Initiating Your Cash Out to PHP❗️

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UniPass has integrated with multiple cash out service providers to offer you optimal exchange rates and minimum fees. For your convenience, we have automated the selection of the best available option based on users’ needs. All you need to do is choose "PHP" as the fiat currency option within the app's cash out flow. Please do not manually attempt to select another third-party service, as this may result in a suboptimal exchange.

Step 1️⃣: Initiate the Cash Out Process

After logging into your UniPass account, you will be taken to the homepage. Here, you will see a "Cash Out" option prominently displayed.

To get started, simply tap the "Cash Out" button. This will launch the cash out flow and present you with the currency selection page.

Step 2️⃣: Select PHP as your Fiat Currency

On the next screen, you will see fields to enter the amount for cash out, as well as select the fiat currency.

Enter the amount in USD that you wish to exchange from your stablecoin balance.

For this tutorial, let's use $10 as an example amount.

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Once entered, look for the fiat currency selection button below. Tap this and choose "PHP" from the options. By selecting PHP, you will request to convert your stablecoin funds into Philippine Pesos.

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Double check that PHP is highlighted before proceeding. This ensures your stablecoins will exchange to the intended fiat currency. If correct, tap "Continue" to move to the next step. UniPass will then process your request and provide the exchange rate.

Step 3️⃣: Verify Your Email

For security purposes, UniPass requires email verification as part of the cash out workflow.

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You will receive a one-time verification code that will be sent to the email address associated with your UniPass account. Please check your inbox now for this code.

Once received, enter the exact code into the provided field on the app. This confirms your cash out request is being initiated directly by you.

Proper verification is important to protect your account and transaction. If you do not receive the code promptly, first check your spam folder then contact us via [email protected] for assistance.

After entering the code, tap "Continue" to proceed to the final step. This will send your cash out request for processing.

Step 4️⃣: Add your favoured recipient address to receive your PHP

Now that your email is verified, UniPass needs to know where to deposit your PHP funds. We support the top digital wallets and banks in the Philippines.

As an example, let's choose GCash as the recipient. Tap "GCash" from the payment options shown.

You will then be prompted to enter your 11-digit GCash number. Double check this is correct before continuing.

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Once entered, the app will validate your GCash account details. If successful, you will proceed to the final review page before submission.

Step 5️⃣: Confirm Your Cash Out Order

On the final review screen, double check that all order details displayed are correct, including:

The amount you are cashing out
The cash out fee that was charged
The total amount you will receive in PHP
The selected recipient (where your cashed out funds will be sent)
The estimated finish/delivery time for when you can expect to receive the amount

If accurate, simply tap "Confirm".

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You will receive a confirmation message that your cash out request has been successfully submitted for processing.

Funds should reach your selected recipient within the “Finish Time” shown.

Step 6️⃣: Select an Alternative Payment Method

The previous steps demonstrated cashing out to GCash for convenience. However, UniPass supports many other popular recipients as well.

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To change your selected option, tap the "Recipient" field from your confirmation page. This will return you to the payment selection menu.

Choose another preferred destination such as "BDO Network Bank" from the options. As with GCash, you will then need to enter your associated bank details for validation.

The process for adding recipients like BDO is very similar to the GCash example. Our easy onboarding will guide you accordingly.

✏️ Please Remember:

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Once you have successfully added a recipient on UniPass, their details will be automatically saved to your account. This means that for future cash outs, you can easily select a preferred payment method directly from the confirmation screen. Simply tap the "Recipient" field and all your previously registered destinations will be readily available for selection. Choosing a saved recipient takes just a few taps.

This streamlined process allows for quick and hassle-free cash outs no matter which supported wallet or bank you wish to use. As always, please double check the recipient is correct before finalizing your transaction.

We hope these simplified onboarding and selection steps provide a seamless experience when accessing your funds through UniPass. Let us know if you have any other questions! And feel free to contact us via [email protected].