Rebit is a remittance service that lets users send money to and within the Philippines using bitcoin. It can also be used to pay bills and buy mobile credits. Found below is a step by step tutorial on how to use the service:
- Log-in to your Rebit account. If you do not have an account yet, you may register here. Note: Only the sender needs an account.
- Go to your dashboard and click the 'Send Money' option.
- Fill out the form by entering the necessary details such as the payout method, amount and recipient information.
- After confirming, an invoice address/QR code will be generated where you would need to send bitcoin amount required. 30 minutes will be given before the invoice address/QR code changes.
- Once sent and confirmed on Blockchain, Rebit will convert the bitcoin to cash and send it to the recipient. Processing time will vary depending on the payout method chosen.
- Once transactions are completed, the sender receives an e-mail and recipient is informed via SMS.