Quote from: OcTradism on Today at 05:06:17 AM

<…> It is understandable if they accept users pass through their KYC from neighborhood nations in Latin America but I can not understand reasons they expand it to Spain, Italy, Switzerland and Australia. Huh

Most seem to emigrate to EEUU, but with (much) smaller numbers, Italy, Australia, Spain and Switzerland figure on the list of sought countries (see data for 2019 here: https://datosmacro.expansion.com/demografia/migracion/emigracion/el-salvador). I figure they want as many migrants as possible to be able to send their remittances over to El Salvador through Chivo and bitcoin.

Remittance fee can be pretty steep. I’ve recovered this from my drafts, since the thread I posted the data in yesterday was unfortunately deleted:

The commission topology for Western Union (for example) depends on various factors, such as the amount being sent, and the selected payment method. I used their price simulator to get a rough feeling of how the system works, rendering the following results (see https://www.westernunion.com/us/en/web/send-money/start):

-Sending 10$ payment to a cash pickup (agency) using a credit card -> due payment 13,24$ (32,4%)
-Sending 10$ payment to a cash pickup (agency) using a debit card -> due payment 10,99$ (9,9%)
-Sending 10$ payment to a cash pickup (agency) using a bank account -> due payment 10,99$ (9,9%)

-Sending 100$ payment to a cash pickup (agency) using a credit card -> due payment 112,50$ (12,5%)
-Sending 100$ payment to a cash pickup (agency) using a debit card -> due payment 108,00$ (8,0%)
-Sending 100$ payment to a cash pickup (agency) using a bank account -> due payment 105,00$ (5,0%)

-Sending 1000$ payment to a cash pickup (agency) using a credit card -> due payment 1063,00$ (6,3%)
-Sending 1000$ payment to a cash pickup (agency) using a debit card -> due payment 1036,00$ (3,6%)
-Sending 1000$ payment to a cash pickup (agency) using a bank account -> due payment 1019,00$ (1,9%)

The above is choosing the Pay online option. Pay cash in-store opens another array of fees, depending where you make the payment.
I’ve also simulated US prices above. If you change the country of origin (the "/us/" parameter in the URL, the fees and payment methods change). Quite a broad topology of fees …

Note: There’s something on the page about paying with a mobile wallet, which is apparently only available in some countries, which seems to lack WU fees, but others may apply. I’m not sure how this one actually works.

Logically paying in bitcoin will simplify the above.