Paytaca Inc. launches its cutting edge electronic cash system in Ormoc City on Saturday (June 8).

TACLOBAN CITY– Paytaca Inc. CEO Joemar Taganna led the launching of its “cutting-edge and revolutionary” peer-to-peer electronic cash system through its Paytaca Bitcoin Cash (BCH) wallet application in Ormoc City, on Saturday(June 8).

“At Paytaca, we’re dedicated to providing user-friendly tools for seamless BCH transactions in real-world commerce,” Taganna said.

Taganna’s Tacloban City-based financial technology company has aimed to “revolutionize the payment landscape by promoting the widespread adoption of BCH.”

According to Paytaca Chief Marketing Officer Aaron JP Almadro, they are also set to launch their open-source BCH wallet app in Cebu City on July 7, 2024, at the Robinsons Galleria Cebu and other major cities in the Philippines before launching their BCH payment system in other countries abroad.

In March 2024, officials from the Department of Science and Technology (DOST)-Leyte Province, the Department of Information and Communications Technology (DICT), and the Philippine Chamber of Commerce and Industry (PCCI) Tacloban-Leyte Inc. congratulated Paytaca following the launching of its Marketplace and P2P Exchange platforms online.
Taganna emphasized that Paytaca’s Marketplace and P2P Exchange “are not mere platforms; they are catalysts for innovation, empowerment, and economic growth.”

In mid-2018, Paytaca started as a fiat wallet app before it turned to a cryptocurrency wallet in 2019.
The company’s research into cryptocurrencies led them to BCH wallet app.