Quote from: Bank4YOU_Group on November 27, 2017, 04:14:33 PM

Quote from: ned61thornton on November 27, 2017, 04:08:27 PM

What is Mobile Money Remittance System?

Mobile money transfer or remittance is a peer-to-peer (P2P) application making use of a mobile device to send money to family or friends, primarily across international borders. Usually, mobile money is a term used to describe services that allow electronic money transactions over a mobile device. It is also referred to as mobile financial services, mobile wallets, and mobile payments. For the purpose of this white paper, we shall consider mobile money to be a system of electronic payments that allows cross-border money transfers to any country. It also includes the withdrawal of funds in local currency (cash out) via the mobile money service or mobile airtime.

What is Mobile Money Remittance System`s project goals?