If you’re looking for a new way to send money, you may want to check out a bitcoin money transfer service. These services can offer lower fees than traditional remittances. However, you’ll need to take some time to research the different options.
Bitwala is a Netherlands-based international money transfer service. They recently launched their own bitcoin wallet and released a messenger app. In the coming months, they’ll also be introducing support for Ethereum.
One of the key advantages of using a service like this is that you can control your spending. The fees aren’t dependent on how much you transfer. And there are no extra charges for sending bitcoins across borders.
Although traditional money transfer services have been linked to banking sectors, many startups are taking advantage of the internet. Services such as Robocoin, Mergims, and Kipochi are just some examples.
Remittance transfer services are becoming a critical component to the economies in Asia and Africa. Companies like Robocoin and Mergims are making it easier to use your mobile phone to send money.
Bitcoin money transfer services can be a good option for those with an M-Pesa account. But BitPesa hasn’t made any progress in Kenya yet. It declined to comment on the progress of its operations in the country.
Another option is to deposit funds with a service like ePayment. Some of these methods have a minimum deposit amount. When you make an ePayment deposit, you’ll usually receive the money within 24 hours.