IDFR 2020: Telcoin is committed to serving those who serve others from afar

Remittances are a lifeline in the developing world — especially now. Countries have already committed to reduce remittance fees to three percent, much below the current average levels.”

Telcoin is committed to making this goal a reality a full decade in advance of the goal, as the average cost to send a remittance still hovers around seven percent. Furthermore, we are cognizant of the havoc being wrought by the ongoing COVID-19 crisis, which has been a strong motivator to bring our contactless digital service to market as quickly as possible. As we finalize internal testing ahead of launching our first live corridor, we continue to engage new mobile money partners in many corners of the globe.

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