Bitcoin Remittance

Collecting links on remittance and bitcoin

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You can send money to The Philippines using Bitcoin via our Philippine partner Rebit. With Bitcoin your transfers can be faster and cheaper than traditional money transmitting companies.

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Bitcoin Vietnam and Coinify announce a new strategic partnership that will bring advanced blockchain merchant processing tools to the Vietnamese market.

Bitcoin Vietnam has, as the first mover in Vietnam, paved the path for bitcoin adoption via the exchange and remittance solutions they offer to Vietnamese people living within and outside the country.

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New rivers of gold

Remittances from unlikely places are helping poor countries in the downturn

An interesting oldie from The Economist, 2012.

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The Solar Company Making a Profit on Poor Africans

M-Kopa plans to be a $1 billion company by selling solar panels to rural residents—and providing them with credit.

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The latest Tweets from Chernoh Saeed Sow (@cherotech). CEO: SLBNet. The Bitcoin Prince from Sierra Leone. Also a member of the AUTONet. Freetown, Sierra Leone

A young man named Chernoh is looking to travel across the west-African country of Sierra Leone to teach people about money. He only needs $250 and your digital change can have a direct impact on his mission right now.  Have some spare change in your pocket? Send it along!

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What Bitcoin Can Learn From Mobile Money's Journey

Many of the greatest challenges faced by bitcoin today mirror those of its predecessor – mobile money.

From 2014, but still informational. About getting your project going and the road to profitability.

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GiveDirectly: Send money directly to the extreme poor

GiveDirectly allows donors to send money directly to the poor with no strings attached. Our approach is guided by rigorous evidence of impact and our values of efficiency, transparency, and respect.

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Rebit's targets the $2 Billion Canada-to-Philippines remittance market

Universal Bitcoin company Satoshi Citadel Industries’ Rebit.ph has partnered with California-based global transaction network and money transfer platform ZipZap...

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African Remittance Firm Beam Stops Bitcoin Service in Pivot

Beam has announced it will no longer focus on using bitcoin in an attempt to disrupt the Ghanaian remittance market.

With low demand for bitcoins in Ghana, exchanging Bitcoin to Cedi is relatively expensive, which undermines the business case for remittance using Bitcoin.

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VS niet enthousiast over mobile wallets

Een studie van het onderzoeksbureau Gallup toont aan dat het enthousiasme voor mobile wallets in de VS nog erg laag is. Slechts 13% van alle volwassenen hebben er eentje op hun smartphone en 76% va...

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Why Bitcoin's male domination will be its downfall

This article has an interesting view on mobile remittance involving female recipients:

“Let’s say you wanted to build a mobile savings app in sub-Saharan African. If you asked male Bitcoin developers to build such a thing for a target audience of young African girls, they might have talked about how to  maximize the amount of money saved. But, working on the ground in South Africa, the Praekelt Foundation came from a different perspective. Apps like these aren’t really about maximizing savings, so much as they’re about empowerment. If you can build a product for girls that ratifies their identity and individuality and gives them self-esteem, then you’re creating something much more valuable than a few dollars’ worth of savings: you’re keeping them in school, and you’re keeping them healthy, and you’re helping them to not get pregnant. That’s the kind of way that cryptocurrencies could change the world“

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Bitcoin Might Be The Next Big Thing In The Remittance Market

Since its inception in 2009, bitcoin has been disrupting the money exchange market and the currency industry. As the remittance market is moving from brick..

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Code of Conduct for Mobile Money Providers

The GSMA has launched a Code of Conduct for Mobile Money Providers with the aim of establishing common business principles that all mobile money providers will commit to.

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Beam Launches Cheap 'Rebittance' Solution for Ghana

Ghana-based startup Beam plans to disrupt the local remittance market using the low cost, speed and convenience of bitcoin.

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Bitcoin App targets Philippines Remittance: coins.ph

Coins.ph has built a mobile bitcoin wallet app with an eye on emerging market use cases, particularly Philippines remittances.

Users can select an outlet from the app’s long list of banks and payment processors, with useful notes advising how much each charges in fees. Some processors (generally the most expensive) will deliver cash door-to-door, others allow for customer pickup.

Choose from a wide selection of outlets for payments

Customers can walk into any of over 5,000 retail locations to buy or sell their bitcoins.

To send money from overseas, it’s possible to send bitcoins directly from an existing balance or perform a cash-to-cash remittance.

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Money Transfers with Bitcoin: The Philippines

The flow of funds from the fifty or so nationswhere the Filipino diaspora has presence comes to about 10 percent of our country’s GDP.

With the average remittance cost from the US to the Philippines at 5.3 percent, Bitcoin is seemingly poised to crush the competition. That this isn’t already the case might be surprising to some (Bitcoin remitters in the Philippines have lowered that cost to just 1%), but the situation is actually far more complex than it appears on the surface.

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This is the original 5 minute movie on remittance with Bitcoin to a student in Uganda. If you're interested, read the followup from October 1st 2014.