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  4. MyEcheck Inc (MYEC) Message Board

OMG?!! Shareholders... I believe Thehustle has fou

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Post# of 537
Posted On: 06/02/2014 11:27:37 PM
Posted By: Byrdiesoccer
Re: Byrdiesoccer #167
OMG?!! Shareholders... I believe Thehustle has found a wildcard for Q2 and beyond. IMO, The wildcard is... "Remittances"

Remittances are funds transferred from migrants to their home country.

"Each year, billions of dollars are sent by migrant workers to their home countries, with some estimates putting the total value of remittances at more than $200 billion."

Source- http://www.investopedia.com/articles/economic...tances.asp

" The growth in cross-border business-to-business transactions is reflected in the value of imports and exports in the US economy, which has risen by 40 percent to $4.2 trillion a year over the past decade. The value of remittance flows to developing countries has tripled to $351 billion annually over the same period. Yet the options for cross-border payments have not kept pace. Opportunities exist for improving the cost-effectiveness, timeliness, and convenience of cross-border payments."

Source- http://www.clevelandfed.org/for_the_public/ne...WT.oss_r=1

VX Gateway Remittance Provider

VX Gateway Cloud Payment Framework - is the global electronic remittance (creditor's payment) gateway that pays anyone anywhere in the world in multiple currencies and languages. VX Remittance is available between all VXLOOP account types Government, Financial institution, Business, Merchant and Personal. Unlike banks, VXLOOP is available 24/7/365.

VX Remittance - banks and other remittance providers cannot compete with VX, we are a closed loop international cash system. Remitting merchants enjoy minimal transaction fees and no card % for the service.

Source-https://www.vxgateway.com/products-remittance

MYEC what a vision....


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