Nice to see another remittance company, doing business in Asia since 2014, picking up interest in Nigeria and its first presence in Africa. I have signed up to get acquainted with what they have to offer especially to confirm the claims of offering 14.4% better rate than the mid market FX! First I noticed there is no Nigerian physical presence on the site and the better rate isn't really a 14.4% less than what other companies are offering, but simply a 14.4% less than the mid market fx.
With my current remittance company, to remit N20,000 (twenty thousand naira,) I shall have to send 0.0344155BTC, whereas with your company, Bitspark, it comes down to 0.034BTC, if no other charges gets in the way. That is a difference of 1.12%, can't verify for buying Bitcoin with Naira, because ID verification is necessary. I want to suggest, you make the verification a one time thing, stored up in your database and request for it doesn't have to show up in every transaction.
Topic: Bitspark Launches Remittances to Nigeria at 14.4% better rate w/Bitcoin (Read 343 times)
May 07, 2017, 04:34:56 AM
May 05, 2017, 11:21:16 AM
We are delighted today to launch Remittances to Africa in our first foray into tackling the issues of sending money to the continent. Money transfers can be sent to any Nigeria's almost 20 banks in addition to mobile money services. In comparison to the competition, our rates are 14% better https://twitter.com/BitsparkBTC/status/860358430921510912 than the mid market FX which is what all the competition adhere to.
Check it out today at www.bitspark.io
Check it out today at www.bitspark.io
First off, congratulations on opening a Remittance to Africa specially in Nigeria, as it is one of the largest remittances in all of Africa and offering 14% then this is a juicy offer that other couldn't refuse. Western Union used to be the no. 1 remittances being used by a lot of Nigeria's to send money through their families and I believe opening your own remittance to Nigeria will give them a good option and will not be trapped by the huge fees WU is adding. This is such a good initiative and I hope you all succeed. Good luck and Great Job!!!
May 05, 2017, 09:12:24 AM
I've personally never user your company so couldn't vouch for it but if you really are indeed offering 14% higher rates then props to you. It just shows how unjustifiable some fx prices are and how little is being done to help bridge the divide between weaker and stronger economies. Great work!
May 05, 2017, 04:37:40 AM
We are delighted today to launch Remittances to Africa in our first foray into tackling the issues of sending money to the continent. Money transfers can be sent to any Nigeria's almost 20 banks in addition to mobile money services. In comparison to the competition, our rates are 14% better https://twitter.com/BitsparkBTC/status/860358430921510912 than the mid market FX which is what all the competition adhere to.
Check it out today at www.bitspark.io
Check it out today at www.bitspark.io
Jump to: