Sentences with phrase «unbanked users»
Its devices are especially popular in India, China, and Southeast Asia, which happen to be markets full of unbanked users, according to the World Bank Global Finance Index.
http://www.the-blockchain.com/
We refuse to abandon these unbanked users as the whole idea of bitcoin and Paxful is to help them.
Not exact matches
More than half of all users are unbanked or underbanked.
However, the Group Managing Director, UBA Plc, Mr. Kennedy Uzoka also said the introduction of the new products is in line with the Bank's policy of democratising banking on the continent by reaching out to the unbanked through technology driven platforms that are simple, efficient and user friendly.
When combined, unbanked and underbanked households comprised the majority (55 %) of prepaid card users in the previous 12 months.
And for the 56 percent of the population that is unbanked, Flint lets users deposit or withdrawal cash from their app's account at local shops and restaurants.
Digix is releasing a crypto gold backed token on the Ethereum blockchain in a transparent and publicly auditable manner, aiming to help the unbanked with financial inclusion as well as providing a stable coin for cryptocurrency users and applications.
Cryptocurrency ATMs are a perfect response to this issue with a potentially large user base in the internet accessible and unbanked populations in developing countries.
ALAX co-founder and CEO Matej Michalko said in a statement: «The current [mobile gaming] distribution process is fraught with a number of inefficiencies, from high transaction fees, long transaction settlement times to complete inaccessibility to unbanked end - users.
The company claims the service will save users millions in the unbanked region.
Cashaa, which aims to provide access to financial services for the billions of unbanked, uses Blockchain technology to enable value transfer, without the end user having to come into contact with cryptocurrency themselves.
OKLink, a global blockchain money transfer network announced today they will partner with BUX Global Limited, a mobile money wallet and communications provider to offer real - time remittance services to their global user base in the unbanked sector.