Cross-border Payment systems: SWIFT, RippleNet or BWW?

4 min read

If you have ever tried to send money offshore to family or friends through a bank or other international payment services like Western Union, you know it’s expensive, cumbersome & extremely inconvenient. At least that was the case till about a few years ago when FinTech & Blockchain explosion took place. I have been using a service called Transferwise which is a UK-based startup working since 2011 whose features include low transfer fees, competitive fiat exchange rates & direct transfer to bank accounts in more than 48 countries and most important of all it’s all done online. Another popular PayPal…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.