Cashaa Wallet Launch: To converge Global Remittances Market soon! Cashaa kumar gaurav
Over the years, an appreciable growth has been observed in the money sent by immigrants to their families residing in another part of the world. Finding opportunities in the flourishing remittance market, many remittance service providers are upbringing feasible methods to make transaction easy to go!
But, still certain things that are worrying immigrants is that, remittance service providers are charging a huge amount of commission fees to make it a happy-to-go, one need to go through extensive paperwork that consumes a lot of time.
Realizing the importance of remittance market in the economic growth and livelihoods of people across the world, Blockchain giant Cashaa has been consistently bringing innovative payment solutions. It is offering seamless fund transfer across the boundaries at lighting fast speed that too at very low fees! Remittance inflows in developing countries make a notable contribution in their GDPs. Undoubtedly; the market is completely dependent on the migrated population living across the world. The stability of remittance flow makes the developing countries a reliable and financial resource. From a macroeconomic view, remittances can boost aggregate demand and thereby spurring the GDP as well as economic growth. Countries with diversified migration destinations have a higher probability of experiencing more sustainable remittance inflows.
Pondering over, How Cashaa is meeting the demands of the growing remittance market?
Cashaa believes in the potential of Blockchain technology for improving payment systems. It has recently announced the launch of its much-awaited Cashaa Wallet by the end of the month equipped with amazing features of security which lets individual to spend, buy, or transfer funds from anywhere in the world. In an attempt to make it more impactful, the development team is combining the functionality of the crypto and standards of Compliance to create the Crypto bank having CAS, BTC, ETH functionality and allowing Banking account in EUR and GBP for its individual and Business customer. Business bank account services of Cashaa will provide businesses complete support in the successful conduction of token sale by providing proper guidance to them to do KYC of their consumers, obtain the proceeds of the ICO in their Cashaa account and present an end-to-end auditable way of complete transactions.
Team Cashaa is working on a profitable launch of its duties in India, Nigeria, UK, and Indonesia after the success of its beta test. The multi-currency exchange of crypto is already process in India in this quarter, and the Cards of Cashaa will be turned out in Q3. The company will also build local payout points in India, Philippines, South Africa, Indonesia, and Nigeria to help cash-based communities and reach remote areas.
Summing up to these aspects, the launch of Cashaa wallet which is scheduled for 28th November 2018 will proceed with detailed transaction history describing the formation and portfolio tools of management that will further enable bank business products for small startups opening in a garage or business or big exchanges with a Billion dollars monthly profits. Hence, Cashaa will be able to meet the ever-rising demands of the global remittance market!
