A new consumer remittance startup is on the block, and it’s bringing bitcoin to new corridors in Europe, China and Mexico. Freshly out of private beta, Moneytis has now opened its beta to the public. The service allows users to send international transfers from their bank accounts to the receiver’s for a fee of two percent or less. The startup uses bitcoin to send the money to its destination, but users would never know because Moneytis keeps it all in the background. Users first create an account by filling in basic info and bank account credentials. Next, they select the amount and the type in the email address of the recipient. The money is then deducted from the sender’s account […]
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