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Technically, it's not bad. Practically, you've got to groom relationships with banks, convince them of your risk management process, get a decent rate for tran
by wiredfool 15y ago
Technically, it's not bad.
Practically, you've got to groom relationships with banks, convince them of your risk management process, get a decent rate for transfers, and a whole host of other details.
It can be done, but I'm not sure it can be done profitably for $.25 a transaction to the general public, especially with the risk management and the potential for returns coming back after 6 months.