Thursday, April 25, 2024

BSP Gives Initial Endorsement for SAM Business in the Philippines

BSP Gives Initial Endorsement for SAM Business in the Philippines

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I’m using Smart Asset Managers or SAM because of its power to empower!

Subscribers are provided with daily financial rewards that no one has ever offered.

Subscribe with a minimum top up of P1,000 and you get 10% of that as your monthly reward!

After subscription, you can start referring your friends and you get an additional 10% from their monthly rewards!

The percentage changes with every referral though but, for sure, you earn more rewards the more you refer.

It’s just like having a digital wallet that earns you points without making any purchases!

Later on, you can even buy and sell BTC, ETH, and USDT as well as get more points with every watch, like, and share of SAM accredited opportunities!

If you’re looking for an alternative to your kid’s piggy bank savings that would gain them daily points, this is it!

What’s more is that SAM has been accredited by the Central Bank of the Philippines!

Smart Asset Managers (SAM) continues with its expansion program in the Philippines now that the Bangko Sentral ng Pilipinas (BSP) granted its initial endorsement for the company to proceed with the registration with the Securities and Exchange Commission (SEC) and other government agencies for amenabilities.

The SAM Digital E-wallet, a subscription-based platform, shares and provides economic opportunity.

In line with this, one of the company’s 2021 projects include OFW subscribers as the primary beneficiaries of a livelihood program.

SAM Digital Technologies is the parent entity of SAM and it’s registered as digital currency exchanger in Australia under AUSTRAC.

SAM is into digital and conventional businesses.

SAM Founder Rommel Santos

SAM founder, Rommel Santos said he wants to widen the company base in the Philippines to help his fellowmen, seeing how financial technology or fintech is slowly becoming more inclusive in recent years.

He has a vibrant outlook for e-commerce in the Philippines, specifically for online businesses, which is expected to grow approximately five times from US$1.1 billion in 2015 to US$4.6 billion by 2025.

Subscribers from Malaysia, Indonesia, Japan and other southeast Asian countries along with those in Europe and Saudi Arabia, have active participation in SAM.

Santos, a Philippine-born New Zealander based in Australia, says that with a minimum subscription of $20 or P1k, a subscriber gets to be rewarded daily as SAM’s appreciation for subscribing.

The reward is up to 15% monthly from one’s subscription.

SAM’s aim is to reverse the conventional method of entrepreneurial journey through economy sharing in which a subscriber can directly engage in conventional business if he so desires.

Under SAMPD, other SAM businesses include SAM Ride, SAM Delivery, Remjon Petroleum, SAM Remittance, among others.