Monetran enables the lowest cost transfers anywhere.
It's built on Stellar, so the network fee they charge for a transaction is a fraction of a cent.
The token - Moneda - is an asset-backed stable token. There are no exchange fees because you buy them directly from the company. Monetran charges a flat fee for any number of tokens be it one or one million+. The fee is 0.1% plus $0.50 - that's one-tenth of 1% -10 cents per $100 token purchase plus 50 cents transaction fee.
The redemption fees range from around $0.50 for small redemptions to 0.1% for large redemptions - those totaling 50,000 tokens or more (approximately $12,500 and up)
So, the whole transfer and redemption can cost as little as 0.1% + $0.50 (token purchase) plus less than 1 cent (network fee) plus 0.1%. (redemption fee.)
P2P and B2B transfers are free.
Ecommerce sites that install the plugin of the gateway we partner with can accept Moneda. There are no fees charged by the gateway.
Oh, and transfers resolve in approximately 5 seconds anywhere in the world. Stellar does not require mining. That's how and why Monetran can make transfers so fast and cheap.
If there is a way to make transfers faster, cheaper, or more reliable, let me know.
I have a feeling I'll have a long wait.
www.monetran.com