What is MMRS?
MMRS - is an electronic payment system that allows money transfers to mobile accounts with possibility of receiving local currency. Introduction of blockchain technologies will make transactions quick, secure and will help to avoid bank commissions
What are you going to do with money raised?
Bank4You Group plans to sign contracts and open guarantee accounts with mobile network operators, both local and global. The main idea here is to redeem time, and receive discounts placing deposits (avg. $200,000-$500,000) on accounts of mobile network operators. This will reduce fees for transactions for Bank4You Group’s customers.
What financial instruments do you use for performing money transactions?
Mobile Money Remittance System (MMRS) is an innovative electronic payment system, which enables safe execution of cross-border mobile money transfer between countries with the possibility to withdraw funds in local currency using products of the local mobile operator (such as mobile money and mobile airtime).
Bank4YOU Group believes mobile money remittances should be fast, convenient, and safe.
With implementation of private blockchain we will create unique and discreet system with an inner currency Mobile Money Remittance (MMR), which operates transactions between clients and settles deals between partners in individual countries.
The main component of the MMRS is a system of tokens tied to local currencies of the countries of system user’s countries, which enables fast, reliable and cheap remittance of values across the borders of states and continents. Operating such tokens makes it possible to increase the user trust in the system providing the simplest and the most understandable mechanism for converting fiat currencies into electronic ones. The issue of tokens occurs only on condition of the fiat money being brought into the system, which is intended to ensure the stability of the exchange rate.
Based on the preferences of our customers, Bank4You develops convenient financial instruments for performing money transactions. The company works towards implementing a new generation of financial services in the everyday lives of people.
And another question is can I pay using your application?
The Bank4YOU Group’s own, unique card solutions are packed with a range of state of the art mobile banking services. In addition, easy-to-use mobile Bank4You app at no charge, created by a team of highly-skilled and vastly experienced fin-tech specialists can be downloaded at App Store and Play Market. Information about prducts is presented on the project`s site section called "Bank4YOU`s original products".
How are you going to cooperate with your partners,you listed on the website?
We have entered into the agreements with numerous mobile operators, including: Azerfon, Bakcell, Jazz Cash(VEON), Tranglo. And at the signing stage: TransferTo, Sochitel.
