[ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain - page 70.

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: viktor782 on January 12, 2018, 08:37:52 PM

Hi there! Your project is very big. I`m sure you went through challenges is the creating process?

Thanks for the question!
Our challenges were:
- for the free functioning of the remittance system both within and outside a country, there is a strong need for the absence of restrictions on part of the financial regulator of that particular country (the central bank), along with the availability of open markets.
- for banking services to function properly, a large amount of digital infrastructure and user identification tools are needed.
- users have to choose a solution that exists in the market but would be more expensive and will not be cross-border
The project is solving these challenges. Bank4YOU Group plans to spend crowd funded means on elaboration of its system of mobile money, development of new software, incorporation of microcrediting system, and new financial services based on Blockchain.

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: petern66 on January 12, 2018, 08:23:03 PM

Could you assure all users that provided personal details won't go viral and become known to the third parties?

Providied personal information is not stored inside our app or blockchain. Only biometrical data us.

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: thedarkk on January 12, 2018, 07:44:08 PM

Hi there! It`s interesting project of yours, whom do you consider competitors? And how are you better?

Many companies which provide money remittance can be considered as competitors ( like Western Union, WorldRemit ). To respond to these competitors , users will be provided with:
- Lower money remittance fees than what compatible services offer.
- As low volatility as possible of the means of payment.
- Simplicity of conversion into other means of payment and B2C interaction, which implies:
Wide network of existing agents capable of cashing out a payment tool or, conversely, accepting cash in exchange for electronic money (more convenient to handle and/or to transport) Bank4YOU Group plans to develop the business in the countries with already formed market of mobile money, hence the expenses connected with creation of dealer and agency networks won’t incur.
Possibility of automatically converting one payment tool into another means of payment – mobile money and at electronic money.
Possibility of buying/selling goods and services using a means of payment
Micro-crediting system

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: DVMF on January 12, 2018, 07:27:53 PM

How would you identify the borrower and confirm the identity?

Our smart contracts will have the following information about borrower:
- Amount of loan
- Address of creditor
- Credit interest rates
- Series of loan charges
- Unique biometric indicator of borrower

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: StuFF981 on January 12, 2018, 06:53:41 PM

what markets will you hit? and what's the profit of buying a bundle?

Thanks for your question!
Bank4You Group now intends to launch its own ICO in order to accelerate the goal of scaling its service rollout across Africa, Asia, and Latin America.

Token Bundes:
Buying from 888 to 8 888 tokens? Get +2% bonus.
Purchasing 8 888 to 88 888 tokens? Obtain +8% bonus.
Paying for a bundle 88 888 to 888 888 tokens? Receive +18% bonus.
Investing in amount exceeding 888 888 tokens gives you a +28% bonus.

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: Samu10 on January 12, 2018, 06:19:16 PM

What are the options to withdraw cash on atm with crypto?

Hello! Learn more about our project, please. We are using MMR token for internal operations. Withdraw means converting MMR to fiat money. We do not use other cryptocurrencies inside remmitance process.

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: kutovayaolga on January 12, 2018, 05:44:33 PM

what is the benefit of using your card?

Hi!
Bank4YOU Card has been designed for individuals, who don’t want or don’t have a possibility to obtain a foreign bank account. The card can be used to withdraw funds globally. Ideal option for frequent travellers and students.
Bank4YOU Card Premium is a perfect card for exceptional customer experience. Best set of features capable to satisfy most demanding clients along with premium VAT refunding option.

sergey345

member

Activity: 154

Merit: 10

Do you visit roadshows to provide your project to investors ?

mahmutyes

member

Activity: 140

Merit: 10

your project seems to be interesting.. what is the maximum investment?

viktor782

member

Activity: 84

Merit: 10

Hi there! Your project is very big. I`m sure you went through challenges is the creating process?

petern66

newbie

Activity: 70

Merit: 0

Could you assure all users that provided personal details won't go viral and become known to the third parties?

thedarkk

member

Activity: 182

Merit: 10

Hi there! It`s interesting project of yours, whom do you consider competitors? And how are you better?

DVMF

newbie

Activity: 56

Merit: 0

How would you identify the borrower and confirm the identity?

StuFF981

member

Activity: 153

Merit: 10

what markets will you hit? and what's the profit of buying a bundle?

Samu10

newbie

Activity: 84

Merit: 0

What are the options to withdraw cash on atm with crypto?

kutovayaolga

newbie

Activity: 68

Merit: 0

what is the benefit of using your card?

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: tolla123 on January 12, 2018, 05:14:47 PM

Will you provide more % of discount?

Hello! We provide bonuses instead of discounts!
Check our token bundles on main page https://www.bank4you.io/

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: doublekilltriple on January 12, 2018, 04:58:07 PM

Hello, admin! I`m an investor from 1-st stage. Are there news about BFY hitting exchanges?

We cannot disclose this information untel the end of ICO. Stay tuned for more news. Also check other links:

Official site https://bank4you.io/index.html
Telegram - EN https://t.me/Bank4YOUGroup
Facebook https://www.facebook.com/Bank4YOUGroup
Twitter https://twitter.com/Bank4YOUGroup
Bitcointalk ANN https://bitcointalk.org/index.php?topic=2473174.new#new
Blog / Medium https://medium.com/@Bank4youGroup
LinkedIn https://www.linkedin.com/company/27007303/
Reddit https://www.reddit.com/r/ethtrader/comments/78o1ex/bank4you_ico_launching_their_bfy_token_10262017/
Github https://github.com/Bank4YOUGroup/BFYContracts

Bank4YOU_Group

member

Activity: 196

Merit: 10

Quote from: niazzy on January 12, 2018, 04:39:52 PM

Hello1
Do you guys have competitors? I know there are SalPay and Telcoin. What are your difference from them? I think of investing in the remittance market but still don't know how to decide whick ico to choose.

Actually we do not follow every ICO project. But I can say that Bank4YOU Group’s ‘Mobile Money Remittance System’ will set a new trend in international money transfers and will contribute to the creation of fast, convenient, and secure money transfers worldwide. The mobile app, which is already working, will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America. It would also lead to new opportunities for businesses, financial institutions, and mobile network operators to use crypto currencies.

tolla123

newbie

Activity: 207

Merit: 0

Will you provide more % of discount?

Topic: [ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain - page 70. (Read 11072 times)