Blockchain Remittances: A Game Changer for Cross-Border Transfers
Spars Technologies Limited
Our vision is to simply redefine the traditional method of payment through Blockchain Technology and AI capabilities.
According to the?World Bank, remittances to low- and middle-income countries grew an estimated 5% in 2022, reaching over $620 billion. But traditional methods of cross-border transfers can be a hassle. Hidden fees, slow processing times, and high costs make sending money overseas a headache. Globally, sending remittances costs an?average of 6.3%?of the amount sent. This figure is used to monitor the progress of the global effort to reduce remittance prices.?
It's time to say goodbye to the hassle and high costs of traditional remittances with Blockchain because sending money across borders has never been easier or more affordable.
Support SparsPay complete this survey on the ongoing project development called SPARSPAY powering seamless local and cross border payment with Blockchain Technology. It will take just 20secs. Fill Here:?https://lnkd.in/dJmHPsgU