Instant money transfer with bitstake account around the globe in seconds/
Bitpesa, Beam Xoin and Kitiwa are major bitcoin money transfer servicing remittances industry in Africa. They charge 3% on each transfer which is cheaper than the average 15% charged by traditional money transfer services. Recipients receive local currency in their countries and the service provider collect Bitcoin.
Remittance fees cost the African continent $1.8 billion a year and digital currency can provide a cheaper and quicker alternative to instanct money transfer in Africa.
Seriously $1.8 billion a year , fck a bank
I can only imagine the market cap of XBS after Bitstake enter the money market
