4 ms·
Here, "you" is a person in Canada, US or UAE (with early access). So it's not really global from one side of this equation! There's plenty of space for such fla
by wtmt 8y ago
Here, "you" is a person in Canada, US or UAE (with early access). So it's not really global from one side of this equation! There's plenty of space for such flat fee and low cost disruptions to send money from other countries to countries like Canada, US, UK, etc. But there don't seem to be any good enough players for this (because maybe it's not as easy a thing to setup?). For example, sending money from India to one of these countries is quite expensive even when going through the so called cheapest players (mainly money changers; banks charge an arm and a leg). Taxes aside (which cannot be changed), the exchange rates are quite poor and the additional transaction rates are high.