Bitpesa Claims to Have Lowered Fees of International Payments by 75%

Bitpesa founder and CEO, Elizabeth Rossiello, has claimed that bitcoin-based remittance services have reduced the costs of international payments by 75%, and reduced the average time of settlement from 12 days to approximately 12 hours. Rossiello also discussed the African cryptocurrency economy and changing attitudes towards bitcoin on the part of major international financial institutions and mainstream media outlets.

Bitpesa Has Transformed the African Remittance Industry

Bitpesa was created in 2013 and has achieved significant success providing a cheaper, faster remittance service to African markets than Moneygram or Western Union.

Read more here: http://www.altcointoday.com/bitpesa-claims-to-have-lowered-fees-of-international-payments-by-75/