Oddbean new post about | logout
 We're excited to launch our new Remittances API powering instant, cross-border payments for any platform 🚀

One easy integration to send Mexican Pesos 🇲🇽 or Brazilian Real 🇧🇷 to local bank accounts in under 1 second⚡

More currencies & countries coming soon!

If you want to turn on cross-border payments in your application please reach out!

https://thebitcoincompany.com/remittances

https://m.primal.net/HnPR.jpg  
 What is the spread or fee to send BRL? 
 It depends on the volume being sent, although we'll be pushing the rate down over time for everyone.

Reach out using the link in the OP and we can discuss rates for your use case! 
 Our fees are derived from the fees exchanges and banking partners charge us. We’ve just launched so will have to see what the charges “really” total.  There are always hidden fees, legal, and operation expenses involved. But right now it’s sub 2% with the goal to come down much more over time as our volumes, negotiating power with partners grow, as we achieve economies of scale with more clients, and we become more efficient with our own operations. But who knows… it may end up costing more than we expect… we just ultimately had to send it and pick a number and see what happens ¯\_(ツ)_/¯ 
 Our team is proud to finally unveil this to you all!

We're extremely bullish on LatAm 🐂 Underserved by the broken legacy system, they're primed to now leapfrog into the magical world of the Bitcoin stack ⚡

Cheap and fast money transfers for everyone! LFG 🚀

nostr:note16perfu2a3n7c8u6r94vtw4z73ah3szf4h4am4su4cujc420u4cqsans4yy 
 man, já usou o app? Tudo sem lixo de kyc essa parada? Aí a coisa fica interessante 
 Exatamente. Se tiver kyc é deal breaker. 
 La necesidad o no de KYC depende de tu posición en ese flujo, por ejemplo, si estás recibiendo el pago de Pix o si nos estás enviando el pago inicial en bitcoins. También depende del volumen por transacción o mensual que se remita, aunque estos umbrales se fijan actualmente bastante alto en los miles antes de que necesitemos recopilar mucho 🙏. 
 🫂🍻 
 Followed #plebchain 
 👀 
 Keep shipping you guys are crushing it 
 Is Japan on the list ? 
 Everywhere is on the list.. It's just a matter of time! 
 What is the argument for why Bitcoin is the best intermediate here, rather than any other crypto or stable?  
 congrats!