Bitmari, a bitcoin-based money remittance service for the African market based in Zimbabwe, has entered its beta phase, according to techzim.co.zw, a Zimbabwe technology news site. A meeting is planned for Thursday in Harare to answer questions.The service has been signing up users for the past few months and is working to meet Zimbabwe regulatory requirements for financial services. The company’s name, according to its website, is a combination of the words “bitcoin” and “mari,” meaning money or currency.
Thursday’s meeting at the Rainbow Towers in Harare is open to the public and begins at 5:30 p.m. Company co-founder Sinclair Skinner will explain how Bitmari will complement local financial services.
Remittance Service Progresses
Skinner noted in a September interview that the remittance service will have a 5% fee. He said negotiations were under way for a wallet provider.
The Reserve Bank of Zimbabwe has welcomed Bitmari, he said:
In addition to remittance service, Bitmari is exploring financing land reform for farmers.
https://www.cryptocoinsnews.com/zimbabwe-remittance-service-bitmari-enters-beta-phase/