Bitcoin remittance india


Notify me of new comments via email. Deepika — our mythical recipient in Bihar — is the same in both the bitcoin remittance india border and domestic remittances story. It is also a big enough market to attract the tech giants such as Google and Facebook as well as being a subject that drives conversations among bankers, government policy makers and regulators.

In the bitcoin remittance india remittances story, Mohan is in Gurgaon. HDFC Bank does not have any control on such deductions. The market — Winnie the Pooh — loves both Tigger and Eeyore.

However, all of this is theoretical until you solve real day to day problems for the underbanked over million in India alone. The reason is simple — MoneyOnMobile bitcoin remittance india bought the narrative that cash was dead. If regulations on cross border remittances into Bitcoin remittance india loosen up which seems likely as policy makers want Deepika to get cash and spend itthen MoneyOnMobile can offer their MOM ATM as the cash out off-ramp to all the big global remittances ventures who have the on-ramp part nailed — their business will go from very good to huge.

Please email us data with proof of monthly trends and we will be happy to verify and publish. Ride the Fintech wave by reading us daily in your email. Email required Address never made public. Recent bitcoin remittance india results indicate that they may also be right.

Tell us how we can get better. Knowing who picks up the cash is important from a regulatory Bitcoin remittance india, but from an entrepreneurial POV, we want to know what that person does when they get that cash. Although that seems like a minor difference — Mohan is in Gurgaon not Dubai — it is a world of difference from a regulatory POV.

HDFC Bitcoin remittance india does not have any control on such deductions. For more on the remittances boom in Bitcoin remittance india including but not limited to Indiaplease see this post by Arun on Daily Fintech. Write to admin saveonsend. We get a payment into our account via SWIFT or Credit Card or any other bank payment rail and then we pay people via those same payment rails.

How remittances are regulated in USA? One is about sending big sums. It is a big subject, but not our focus today.