Sending money to Africa can cost upwards of 10%. Telcoin will do it for a fraction of that.
As of the fourth quarter of 2018, a US$200 remittance to Sub-Saharan Africa cost an average of nearly 9 percent — that’s US$18 lost to exorbitant fees and/or foreign exchange margins in a region where 85 percent of people live on less than US$5.50 a day. While the global average cost of sending a remittance has dropped to just under 7 percent, many African corridors are now above 10 percent, as evidenced below. read more
Send Money Safely: Telcoin remittances in the age of COVID-19
