at least, the most of unbanked people needs.
With digital banking users increasing, safety the potential clients' primary concern. "The process is completely safe and accurate. Through a blockchain system facilitating all the transactions, all the movements are safe and made in a controlled environment", said bank4you VP.
The purpose of bank4you is strongly deep-seated with three primary goals: simplify the banking process, include unbanked people in the banking system and reduce all the transactions fees.
"We want to make sure that we can reduce all the banking costs associated with transactions made between people from two different continents. Our service TaxFree4U, a refund mobile app, VAT oriented, is providing exactly that. If you're a tourist in Europe and you want to purchase something, our mobile service enables you to do it, and we'll refund you until 19% of the purchase's total cost, within 48 hours".
Currently in an ICO process, since the end of 2017, Bank4you will include cryptocurrencies among its transaction and exchange currencies' service. With 10 million dollars asked and 7.400 raised, Money Remittance Service (MMRS) will be the first convergence of cryptocurrencies with mobile network operator accounts.
Already in the 3rd round of its ICO, bank4you is taking the next step to the famous world of digital money. "The success and increase of digital coins
are undeniable and we, of course, want to make part of this new era." According to its white paper, the Money remittance service will be "tied to local currencies of the countries of system user's countries, which enables fast, reliable and cheap remittance of values across the borders of states and continents."
The new feature will be available this year, in the end of April.
The success and increase of digital coins is undeniable and we, of course, want to make part of this new era