I live in Uganda and something like this will be a great mobile money alternative. MTN and their ilk take a huge chunk of change for mobile money, and if this is cheap it’ll catch on very quickly here.
It should also make paying domestic staff and various contractors easier, and that’ll be nice.
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I live in Uganda and something like this will be a great mobile money alternative. MTN and their ilk take a huge chunk of change for mobile money, and if this is cheap it’ll catch on very quickly here.
It should also make paying domestic staff and various contractors easier, and that’ll be nice.
They'll still have to pay the gatekeepers if they want to convert their cryptocurrency into something liquid.
Of course. As long as gatekeeper fees are less than the 3% charged for mobile money it’s a win