Why you should use Peerwallet as your remittance platform

Wednesday 2nd of November 2022

Why you should use Peerwallet as your remittance platform

Introduction

Remittance is a global phenomenon. It has been around for ages and continues to grow in size. The cost of sending money across borders has effectively reduced over the years, and this has facilitated remittance channels to gain a market share. However, some of these remittance companies are not user-friendly due to their complex fee structures and long lists of requirements from the sender.

Peerwallet has come as a peer-to-peer platform that seeks to disrupt the traditional remittance industry by providing its users with an easy way to send or receive money through blockchain technology. PeerWallet allows users to get started as quickly as possible by offering an online wallet with little or no minimums on deposits or withdrawals.

PeerWallet requires KYC for Merchants who are the centre of the platform. Although anyone can come to the platform to transact, everything that happens takes place inside the platform and nothing takes place outside the platform securely. This guarantees one of the most reliable and safest ways to transact business. This means that it doesn't matter if you happen to be travelling around the world while using PeerWallet ' all transactions will be completed using our semi-decentralized network powered by blockchain technology.

What makes PeerWallet stand out for international remittance?

It is easier, faster, and user friendly

Peerwallet is easy to use. It's the most intuitive digital platform you can find on the market, with a clean and simple interface that makes it easy to understand. You'll be able to set up your account in no time at all with just a few clicks or taps of your finger!

Peerwallet is also fast: transactions are processed instantly thanks to its state-of-the-art blockchain technology, which means you can send money abroad quickly and securely without having any interruptions in service unlike using traditional banking methods.

PeerWallet's user interface is also very friendly for new users who might not know much about the seller and the merchant aspects yet - so if you're going through this process for the first time then Peerwallet should be one of your top choices when choosing where/how/what type of platform should be best for your remittance services!

It is secured

Peerwallet is a secure platform. It uses advanced security measures to protect your data.

- Peerwallet uses the latest encryption technology, which means it's impossible for anyone but you to read the contents of any messages sent between peers. This also makes it very difficult for anyone else who might be looking at those messages (including advertisers) because they won't be able to see what's inside them without knowing what encryption key is attached to your account!

- Peerwallet uses multiple layers of security protocols when carrying out financial transactions over the internet: one layer encrypts all transmitted data before sending it on its way; another layer protects against malicious attacks. Finally, there is an additional layer for verifying identity using public keys embedded in each wallet address itself so no one can impersonate someone else without getting caught themselves first!

Compliant and integrated

Compliance is the most important aspect of any business, especially when it comes to remittances. It means that your system meets regulatory requirements and can be used to process transactions in compliance with the law. For example, if you're sending funds overseas via peerwallet and want them delivered safely, then you have to make sure that your platform is compliant with anti-money laundering (AML) laws—which means that all transactions made through the platform must be authorized by customers who are not suspected of laundering money or engaging in other illegal activities.

Since Peerwallet is a global remittance platform that brings together different merchants that integrate different systems that are compliant in their regions, Peerwallet helps mitigate cross-border compliance issues and creates a seamless avenue for any and every one to send money globally.

Financial ease for Money Sending Businesses

Peerwallet is the easiest and most cost-effective way to send money. It's a trusted partner in the remittance industry, providing a secure platform for money-sending businesses.

Peerwallet provides its users with an easy-to-use platform that helps them save money on every transaction they make. With Peerwallet, you can carry out your business transactions by paying with your credit card or debit card and most importantly using the merchants that are verified to carry out your payment deals without having to go through any bank or physical contacts. Other features include:

-Instant transactions - Your funds are sent and received instantly once verified so there's no long waiting period;

- Trusted partners - We work with only merchants that are verified to carry out transactions on the platform be it individual or company;

- Security- Your information is protected by SSL encryption technology which encrypts all data.

Dual Authorization 

Dual authorization is a security feature that requires second approval for any transaction that exceeds a certain threshold. It's also required for any transaction that is not initiated by the user, such as when sending money through any website.

The reason why we have this dual authorization (or 2-FA) process is simple: it helps protect your data from being stolen or misused if you lose access to them in transit. This means that someone else cannot access your account without having your permission first (and it's advisable never to give out your information or any sensitive data to anyone).

Conclusion

PeerWallet is a trusted and established platform for remittance. Our services are reliable, transparent, and easy to use, which means you can be sure that your hard-earned money will arrive safely in the hands of the people who need it most. We have made creating an account simply so there's no excuse not to start using PeerWallet today.

If this sounds like something worth learning more about then take out time to open an account with us and start transferring money securely online today!