IFAN Financial, Inc. (IFAN) Providing a Better Way
Post# of 96
Posted On: 04/23/2015 4:56:46 PM
IFAN Financial, Inc. (IFAN) Providing a Better Way to Transfer Funds
IFAN Financial has its finger on the pulse of the global funds transfer industry. This fact is evidenced by the company’s recent newsletter outlining the details of international remittance, which is a term used to describe the transfer of money from a migrant to an individual in his or her home country.
International remittance is a byproduct of a migrant workforce. With as many as one out of every seven people relocating to find a better job, there is constant demand for the means to reliably and affordably send cash back to loved ones in workers’ home countries. Unfortunately, these remittances have historically come with a hefty price tag. According to the World Bank, remittance fees have traditionally varied between eight and twelve percent of the amount sent, but IFAN, through its proven Quidme app, is prepared to change that.
With access to just a cell phone, users around the globe can use Quidme to send money for a fraction of the cost of traditional transfer methods. The safe, encrypted app has been shown as effective in protecting user data, significantly reducing the threat of identity theft and eliminating unauthorized transactions.
Despite the recent rise in smartphone usage around the globe, the market still has a long way to go before becoming a completely utilizable option for the remittance industry. According to a report from Business Insider, approximately 80 percent of the global population still lacks access to smartphones and PCs. IFAN addresses this issue through Quidme’s text message payment option. By allowing for usage without the need for a data plan, the company is placing itself in a strong strategic position to grow in the developing world.
“IFAN has a highly relevant technology platform that is just getting started in recognizing its potential,” stated John De Puy, Director of IFAN.
As the company continues toward the realization of its potential, look for IFAN to experience opportunities for significant growth in the near future.
For more information, visit http://ifanfinancial.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
IFAN Financial has its finger on the pulse of the global funds transfer industry. This fact is evidenced by the company’s recent newsletter outlining the details of international remittance, which is a term used to describe the transfer of money from a migrant to an individual in his or her home country.
International remittance is a byproduct of a migrant workforce. With as many as one out of every seven people relocating to find a better job, there is constant demand for the means to reliably and affordably send cash back to loved ones in workers’ home countries. Unfortunately, these remittances have historically come with a hefty price tag. According to the World Bank, remittance fees have traditionally varied between eight and twelve percent of the amount sent, but IFAN, through its proven Quidme app, is prepared to change that.
With access to just a cell phone, users around the globe can use Quidme to send money for a fraction of the cost of traditional transfer methods. The safe, encrypted app has been shown as effective in protecting user data, significantly reducing the threat of identity theft and eliminating unauthorized transactions.
Despite the recent rise in smartphone usage around the globe, the market still has a long way to go before becoming a completely utilizable option for the remittance industry. According to a report from Business Insider, approximately 80 percent of the global population still lacks access to smartphones and PCs. IFAN addresses this issue through Quidme’s text message payment option. By allowing for usage without the need for a data plan, the company is placing itself in a strong strategic position to grow in the developing world.
“IFAN has a highly relevant technology platform that is just getting started in recognizing its potential,” stated John De Puy, Director of IFAN.
As the company continues toward the realization of its potential, look for IFAN to experience opportunities for significant growth in the near future.
For more information, visit http://ifanfinancial.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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