Topic: [ANN] [ICO] MMRS - Money transfer and cash withdrawal on blockchain - page 90. (Read 11093 times)
January 05, 2018, 10:21:26 AM
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders. Is it like taxation?
January 05, 2018, 10:13:08 AM
As I understood access to the account management system can be carried out through a web interface to manage available funds eciently. Will users be able to exchange their tokens for other tokens, or can exchange them for local at currencies through an agent system ?
The system is transparent and allows auditing by independent assessors who are not affiliated with Bank4YOU Group. Each user of Bank4YOU’s mobile wallet has an account where tokens can be stored in different local currencies as well as in the BFY token. Users can use available tokens for money remittances, to exchange them for other tokens, or can exchange them for local fiat currencies through an agent system or use as payment for goods and services. Access to the account management system can be carried out through a web interface to manage available funds efficiently. So, you are right.
January 05, 2018, 08:39:17 AM
As I understood access to the account management system can be carried out through a web interface to manage available funds eciently. Will users be able to exchange their tokens for other tokens, or can exchange them for local at currencies through an agent system ?
January 05, 2018, 08:28:35 AM
Hello, I am being asked a referral code. Where do I get it?
You can leave it empty. And you can keep the code the systems gives to you to pass it on to your friend.
I have a referral code too. What good can I get with it when I give it to my friend?
January 05, 2018, 08:17:43 AM
I have a wallet at CoinBase. Can I participate and buy tokens?
Coinbase does not support tokens. It should be any ERC20-compatible wallet of choice.We typically suggest using an official (or officially endorsed) wallet for storing ETH, such as the Ethereum Wallet. January 05, 2018, 08:15:19 AM
I have a wallet at CoinBase. Can I participate and buy tokens?
January 05, 2018, 07:46:30 AM
Hello, I am being asked a referral code. Where do I get it?
You can leave it empty. And you can keep the code the systems gives to you to pass it on to your friend.
January 05, 2018, 07:44:20 AM
Hello, I am being asked a referral code. Where do I get it?
January 05, 2018, 07:27:22 AM
I want to pay with bank transfer. What purpose of payment should I state?
Please log in at our site https://bank4you.io/ by pressing contribute and follow the procedure entering necessary data. Invoice with instructions will be sent to your e-mail later.
January 05, 2018, 07:26:13 AM
I want to pay with bank transfer. What purpose of payment should I state?
January 05, 2018, 06:53:11 AM
Hi. I have eth in my exchange platform. Can i send it from there?
No, you have to use your own wallet, for example, on https://www.myetherwallet.com/
I am a newbie. I want to have a new wallet. What would you suggest? What are the criteria?
It should be any ERC20-compatible wallet of choice.We typically suggest using an official (or officially endorsed) wallet for storing ETH, such as the Ethereum Wallet, as mentioned above.
January 05, 2018, 06:51:30 AM
Hi. I have eth in my exchange platform. Can i send it from there?
No, you have to use your own wallet, for example, on https://www.myetherwallet.com/
I am a newbie. I want to have a new wallet. What would you suggest? What are the criteria?
January 05, 2018, 06:06:12 AM
Hi. I have eth in my exchange platform. Can i send it from there?
No, you have to use your own wallet, for example, on https://www.myetherwallet.com/
January 05, 2018, 06:04:02 AM
Hi. I have eth in my exchange platform. Can i send it from there?
January 05, 2018, 05:29:44 AM
How will you give a possibility of receiving money transfers in countries with poor banking infrastructure?
Mobile money transfer or remittance is ‘a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders’. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. Mobile money can be considered to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.
January 04, 2018, 09:36:25 PM
There is already a lot of remmitance services in tha world. How are you planing to beat them?
Many companies which provide money remittance can be considered as competitors. To respond to these competitors , our 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
January 04, 2018, 09:35:24 PM
Hi! I`m a newbie to your project. The idea is cool, and what is the real use of the token/coin in the project?
Hello,
The BFY token will allow profit on transactions and through other financial operations in the system. Besides, the BFY token holder will be allowed to purchase MMR tokens on discounted price, which means cheaper services on cross-border transfers. The revenue generated through the sales revenue of Bank4YOU Group’s credit products will provide for financial transaction profit. Transactions reporting will be provided by the independent auditing organisations controlling the income generation of Bank4YOU Group. Equitable distribution of a part of this income to users will be enabled.
January 04, 2018, 09:24:23 PM
There is already a lot of remmitance services in tha world. How are you planing to beat them?
January 04, 2018, 09:18:20 PM
Hi! I`m a newbie to your project. The idea is cool, and what is the real use of the token/coin in the project?
January 04, 2018, 08:35:13 PM
Hello. Best of luck to your project! I hope you succeed.
Personally, i wanna know what are you going to do in order to provide liquidity to your tokens?
Personally, i wanna know what are you going to do in order to provide liquidity to your tokens?
Concerning BFY it gives its holders additional discounts for remittances and long-term profit from turnovers inside the system. None other product gives a chance to make transactions with
mobile money globally.
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