[ANN] SureRemit: An Ecosystem for Global Non-cash Remittances

[atinaditya]

WEBSITE | TWITTER | FACEBOOK | TELEGRAM | WHITEPAPER | MEDIUM | LINKEDIN |

iOS | Android

About SureRemit
The SureRemit token (RMT) is a utility token built on the Stellar Network, designed to be used by immigrants and customers within the SureRemit platform. Following this standard, SureRemit tokens are easily transferable between users and can be supported by wallets and exchanges that already support Stellar lumens.

Within the SureRemit ecosystem, the Remit token (RMT) will be used internally to access vouchers and pay bills for targeted remittances. Immigrants and customers, in general, will be able to select the country they want to send value, search for the right merchant in a category and create an order for a voucher to be delivered to the recipient via SMS or Email, and pay in RMT token. Once the order is received, the token will be frozen until the voucher is sent from the SureRemit system. When that happens, the token is transferred to SureRemit. In the future, we hope to activate the direct acceptance of RMT tokens by the ecosystem partners, which they can, in turn, converted to Fiat, this will make the token transfer happen directly to merchant’s balance.

Features

• Cheap Remittances
• Instant Delivery
• Better Control

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[atinaditya]

SureRemit Weekly: Market Expansion and More… (Dec. 14th 2018)

NEW MERCHANTS/MARKETS
Turkey
Initial testing is concluded and we’re now finalizing the last negotiations and contract amendments. When the contracts are signed, full integration will commence.

India
The SureRemit team has expanded! We hired Saras Choudhary to represent us in India. He already established contact with various voucher aggregators and we’re reviewing the voucher/gift card portfolios and agreements. More updates will follow!

Europe, USA, Canada
Contact is established with an aggregator that services many European countries, USA and Canada. Currently, in the negotiation phase, we’ll update accordingly.

TECH
SureRemit App updates
We have successfully implemented the new flow of in-App wallet transactions where every user wallet will be identified by a MEMO ID/TEXT instead of the previous unique Stellar/RMT address being created for each new user. This feature allows users to send out RMT to addresses that require MEMO ID/TEXT information. The team is currently testing the other major updates (RMT wallet funding/stocking up with a debit/credit card, PIN login/authorization and more) we expect to push them all in the coming week.

MARKETING
TechCrunch
TechCrunch held its first-ever event in Nigeria — their second in Sub-Saharan Africa. SureGroup/SureRemit was represented by Omolara Awoyemi, Managing Director at SureGroup. See highlights of the conference here.

[atinaditya]

SureRemit Weekly: Reflecting on 2018!(Dec 28, 2018)

REFLECTING ON 2018
What a year it has been. Token distribution, market ‘crashing’, testing the SureRemit beta app, token swap, dealing with a 2 token economy (old and new RMT), launching the SureRemit app, development of Busha, Bounty Program, LATOKEN listing, entering new markets….just to name a few! Great achievements but we also had to deal with lots of hurdles, and honestly, it was quite tough sometimes. Together we persevered and have overcome them all. We have said it before; our achievements are your achievements too. The support of the SureRemit community is overwhelming, so many people have reached out (and still do) offering their help to actively support our endeavor, your support makes the difference during challenging moments, we are extremely grateful and want to thank you all for doing so. Together we have achieved amazing results and we will continue building SureRemit to become the leading global non-cash remittance provider! We’re so much looking forward to 2019, entering new markets, Busha going live, kickstarting marketing for the various markets, cool app updates, more exchange listings, team expansion, opening an office in Europe and many, many more. It’s going to be another exciting year, onwards and upwards!

From all of us here at SureRemit, we wish you and your loved ones a happy New Years Eve!!

WEEKLY UPDATE
We’ll provide a more extensive update in January, this weekly contains the most important updates.

NEW MERCHANTS/MARKETS
Turkey
Negotiations are now finalized and the contract will be signed. Vouchers should become available early January 2019.

India
API is now being set up by the tech teams. Once testing has concluded we will go live and announce accordingly.

Europe, USA, Canada
Discussions still ongoing, due to holidays we will continue in the first week of January. More updates underway!

TECH
SureRemit App updates
App updates will be pushed tomorrow/Saturday 29th December 2018. The main update is the new flow of wallet creation, more updates are pushed in about 2/3 days.

[filipe3x]

I have tokens of this project, at one time it seemed interesting to me. Tell me, this is a long-standing project, but you started an announcement topic. Will the news be published here?

[atinaditya]

SureRemit Weekly: App Update and More…(Jan. 11, 2019)

NEW MERCHANTS/MARKETS

Turkey
Tech is working on integrating the vouchers, when they become available (approx. 1 to 2 weeks) we will make the official announcement.

India
Tech is also working on integrating the vouchers for India, aiming to make the vouchers available within approx. 1 to 2 weeks. In addition to our newly signed partner, we’re discussing with another potential partner to even further increase the voucher portfolio for India. Once the vouchers are live, we’ll kickstart the marketing via digital marketing, attendance at summits and reaching out to specific communities who can use our services.

USA, Canada, Australia, Europe
We’re negotiating the contract and expect to reach an agreement by next week. Once signed the tech teams will commence with integrating the vouchers for the respective countries.

TECH
SureRemit App updates

The main update regarding the new flow of wallet creation was pushed and we solved some bugs. Receiving and sending RMT in/out of the app using the MEMO_TEXT works fine now, if some of you encounter any issues, please let us know. Due to last update we’re running some more tests before pushing the other updates (e.g. RMT wallet funding/stocking up with debit/credit card, PIN login/authorization and more).

Busha
Testing going on at Busha is continuing and includes testing the Busha App, for what we have seen it looks very good. We’ll update when we can.

MARKETING
Once the vouchers for the various countries are available we’ll kickstart our marketing efforts per country. Contact is established with third parties who will support us with exposure in the crypto landscape.

SureRemit App referral program
SureRemit app has a referral program which gives you and the referred $5,- each, check it out in-app at the ‘Invite’ section!

ROADMAP 2019
See SureRemit 2019 Roadmap here.

[atinaditya]

I have tokens of this project, at one time it seemed interesting to me. Tell me, this is a long-standing project, but you started an announcement topic. Will the news be published here?

Yes. We would be regularly posting out the updates on this Announcement thread along with other portals such as Medium, Reddit, Telegram etc. You can clearly see the way the project is progressing
 with newer developments and markets going live every week.

[atinaditya]

SureRemit Weekly: New partnership and more… (Jan. 18, 2019)

NEW MERCHANTS/MARKETS
We’re still working on integrating the vouchers for Turkey and India, more announcements when the vouchers are available.

USA, Canada, Australia, Europe and more!

We’re very pleased to announce that SureRemit has now signed a partnership with WeGift, a global gift card/voucher aggregator who also signed a partnership with Coinbase. Through this partnership we can efficiently provide our services globally, making non-cash remittances more accessible to people who need it the most. The integration process starts the coming week and we’ll cooperate with WeGift in our marketing efforts, official announcements once the vouchers are available.

TECH
SureRemit App updates

In the past week, we have not received any issues related to the last fundamental update regarding the new flow of wallet creation. Most of our tech resources are now geared towards integrating the vast amount of new merchants for India, Turkey, and the upcoming global WeGift portfolio. Please bear with us for the app updates, thanks!

MARKETING

As we’ll be adding hundreds of new vouchers/merchants globally, we’re further defining our marketing strategy for the specific markets. Once all integrated we’ll kickstart our marketing efforts per country/market. Contact is established with third parties who will support us with exposure in the crypto landscape.

[atinaditya]

SureRemit Weekly: Rolling out New Merchants (India) and More…(Jan. 25, 2019)

NEW MERCHANTS/MARKETS

We’ve made progress integrating the vouchers for India, Turkey and the voucher portfolio of WeGift which includes USA, Canada, Australia, Europe and more. For India, we expect to have the first batch of vouchers/merchants (approx. 80 mainstream merchants) to be available next week.

EXCHANGES

As stated in our 2019 Roadmap, we’re adding another exchange in Q1. Currently, we’re reviewing which exchanges suit our needs best and also have reasonable listing fees/conditions. More exchange listings provide exposure and visibility in the crypto landscape which also supports our endeavor. Ultimately, our success and upwards RMT price development is fundamentally supported through users of our services. The recently established global partnerships and hundreds of new merchants being added to our platform provide the necessary ‘inventory’ to achieve this. We’re very excited about the current developments and will update you on new exchange listings once we can.

TECH

SureRemit App updates

In-app purchasing/wallet funding of RMT and PIN login is currently being tested and we’ll push the update next week.

Busha

The Busha team made excellent progress! Apps are now awaiting app store approvals. We’ll be pooling beta users in Nigeria (for fiat transactions). The full trading engine is expected to be ready in a few weeks. RMT holders will have additional benefits using Busha, an example is Market Maker rewards paid in RMT. Other benefits will be disclosed once Busha is fully operational.

MARKETING

SureRemit established cooperation with Blockfolio! We will start using Blockfolio’s Signal feature to update on our progress, new merchants and other relevant developments.

[konstant111]

wow, such a big market, your project makes a lot of sense, I see what you're doing, I think about getting involved, thank you, wait for more news

[saraschoudhary]

wow, such a big market, your project makes a lot of sense, I see what you're doing, I think about getting involved, thank you, wait for more news

It is. Almost 40% of the Global remittance market ($600 Bn) is for daily consumption needs. The traditional sources charge hefty fees and the entire process takes a lot of time. With SureRemit, you can instantly send out vouchers and minimum fees.
The project is being run by the top most professionals with massive strides being made on a regular basis. We are currently expanding our merchant portfolio for various other countries and the inventory size is going to expand at astronomical pace. It is the right time to get associated with the project.

[atinaditya]

SureRemit Weekly: New Merchants Integration and more…(Feb. 01, 2019)

NEW MERCHANTS/MARKETS

Integration and testing of the first batch of Indian vouchers were successful and we’ll go live when the financials are settled (depending on administration processes, few days to approx. 1 week). We finalized the onboarding of a second partner for the Indian market, testing & integration of the vouchers will commence next week. Once the vouchers of both our Indian partners are fully available, we’ll push the vouchers for Turkey and WeGift.

TECH

Locking of RMT Issuing Account

We have partially locked the RMT Issuing Account.

A ‘Partial Lock’, means that the account is not able to create more tokens, make payments, trade, change settings or issue assets. Due to this partial lock, we now have some control over the RMT token. An example is that when someone’s wallet is compromised we can freeze any potentially stolen tokens and try to recover them. Also, we can authorize trust lines and use BUMP_SEQUENCE operations for this account.

SureRemit App updates

The updates for In-app purchasing/wallet funding of RMT and PIN login are ready. We decided to wait with these updates as we are refactoring/restructuring parts of our source code. The updates are pushed next week.

MARKETING

We’re working with 2 acknowledged crypto authors to write/publish articles about SureRemit. When ready, the articles will be posted on various crypto (news) platforms. App user related marketing intensifies when the vouchers are available for the respective countries.

[atinaditya]

SureRemit Weekly: Busha Now Live in Nigeria. (Feb. 08, 2019)

NEW MERCHANTS/MARKETS

Integration and testing for the India merchants/vouchers is finalized and ready to go live, all that remains is the confirmation of funds received by our Indian partner. That should not take longer than a few days. Integration and testing for Turkey and WeGift is now ongoing.

TECH

Busha

Another milestone reached! Busha is now live in Nigeria with local Fiat pairing for buying RMT. The RMT/XLM swapping will be available coming Monday. Busha Pro (the more advanced trading platform) is almost ready, order book becoming available in approx. 2 weeks.

SureRemit App updates

This week we worked on new security features and performance improvement. We are also working on internal code restructuring which is delaying the new update (In-app purchasing/wallet funding of RMT and PIN login) to go live. We aim to complete our internal code restructuring in the coming week.

EXCHANGES

Also mentioned in our update a few weeks ago, talks are ongoing with several exchanges. We’re selecting law firms to provide us with any required documentation (e.g. Legal Opinion). We’ll update accordingly.

MARKETING

Once the merchants/vouchers for India, Turkey and WeGift are available, intensified marketing will kick in. We discussed with representatives of Stellar and they will support our marketing efforts. We’re currently working with a few authors to publish in-depth articles on SureRemit, in the meantime Blockchain SEO mentioned SureRemit in their ‘The Ultimate Guide to Small Market Cap Cryptocurrencies (Part 5)’ (not initiated by us) please find the article here.

[starkovblue]

Why is important information again hidden behind pictures from picture stocks?
In order to attract the community and investors you need to provide more information. Who is behind your development? And why are their names and faces missing in this topic?

[atinaditya]

Why is important information again hidden behind pictures from picture stocks?
In order to attract the community and investors you need to provide more information. Who is behind your development? And why are their names and faces missing in this topic?

We don't want to hide any kind of information from our users/community. We are a tested product with a loyal customer base. I didn't give out more info on the ANN thread as I had linked the Whitepaper and our various other communication portals on the thread. A look at the whitepaper can easily assure you about our incredibly talented and proven team.

Nevertheless, I am sharing the team and the investors. We are backed by some of the most reputed Venture Capital firms in the world.

[atinaditya]

SureRemit Weekly: App Update(new features) and More…(Feb. 15, 2019)

NEW MERCHANTS/MARKETS

The vouchers for India should become available during the coming week. Administrative processes (payment confirmations etc.) are still pending.

VESTING

We’re looking into the option to extend the vesting period of various wallets e.g. the wallet containing the ‘Company’ tokens (350 million). We’ll provide a more comprehensive update regarding the extended vesting by next week.

TECH

SureRemit App updates

We’ve updated the SureRemit app: added PIN lock, fixed bug specific to some phones, fixed storage issue and quality of uploading KYC documents, UI improvements. The update for Android is pushed today and iOS follows coming Monday. We’re also changing our current in-app payment gateway, when finalized, the in-app purchasing of RMT/stocking up will become available.

SureRemit App Referral Program

SureRemit app has a referral program which gives you and the referred $5,- each, check it out in-app at the ‘Invite’ section!

ROADMAP 2019

Click here to view roadmap.

[atinaditya]

SureRemit Weekly: New Prospects(Feb. 22, 2019)

NEW MERCHANTS/MARKETS

As mentioned in our last update, the vouchers for India are ready to go live. All that remains is the settlement of the payments which are delayed at the corresponding bank, hopefully this will be sorted after the weekend.

Once India is live, Turkey and WeGift are next. In addition to this significant increase of global merchants, we’re discussing with a leading global merchant of construction materials/services regarding a potential cooperation in using our non-cash remittance platform to offer purposeful remittances; vouchers for purchasing building materials/affordable housing. Still in early development, but we’re quite excited by the possibility to work with them as this cooperation can be effective and helpful to a large (global) population. We’ll update the community as we make progress.

VESTING

We have decided to extend the vesting of the wallet containing the 350 million RMT tokens aka ‘Company Tokens’: Click here

The vesting period is extended for 6 months and will be subject to review when the vesting period has ended. By doing this the circulating supply is temporarily limited to 650 million RMT tokens instead of the maximum supply of 1 billion RMT tokens.

TECH

SureRemit App Updates

We made solid progress this week regarding the App/Tech development:

1. Improved security:
Introducing local authentication with bio-metrics like Face ID and Touch ID on supported phones when opening the app.

2. Payment provider:

We switched to a new payment provider for direct RMT purchases with your Credit/Debit card, this will be made available again early next week and we’ll also be gradually rolling out direct funding of RMT for the in-app wallet.

3. Various Performance Improvements and bug fixes

The update for iOS was pushed yesterday and early next week we’ll push another iOS update for in-app Direct Funding of RMT. Another Android update will be pushed today.

[Twinkledoe]

This project seems big but why is it not getting attention from the community here. A lot of partnerships already tells something for the project. Maybe run advertising campaigns so people will know more about this project.

[atinaditya]

Nice project, I'd like to suggest you xevenue.com, they have zero listing fee, they might list your project.

Surely. Will give the project a look and drop them a request for a listing.

[atinaditya]

SureRemit Weekly: New Partnership with StreetLib. (Mar. 01, 2019)

NEW MERCHANTS/MARKETS

Both our partners for India are ready to go live, the administrative issues are resolved and we’ll receive the live API keys shortly. Once received, the vouchers will be available on the platform by next week. The integration of the WeGift voucher portfolio is now finalized and the vouchers will also become available next week. We’re now working on integrating the vouchers for the Turkish market.

Partnership with Streetlib.com

Great news! We’re partnering up with Streetlib. StreetLib is a global publishing facilitator and digital books gateway distributor based in Italy with operational bases in the USA, India and West Africa.
StreetLib manages over 250,000 titles of publishers and authors around the world, acting as a gateway distributor to deliver digital books (ebooks currently, audio later this year) to anywhere in the world, from anywhere in the world.

Streetlib will use the SureRemit platform to sell their (to be created) Streetlib vouchers through which all their services can be purchased. As Streetlib is expanding in the emerging markets, payments to their users (e.g. royalties) can be problematic and high in transfer fees. To solve this, Streetlib users will have the option to receive their royalty payouts and other payments in RMT. The RMT is purchased by Streetlib on an exchange (e.g. SDEX) and then transferred to the user‘s SureRemit in-app account allowing the user to spend RMT on vouchers. The cooperation between SureRemit and Streetlib is unique and establishes another great use case of the SureRemit platform in addition to non-cash remittances.

The official announcement of this partnership will take place during the London Book Fair, holding on the 12th–14th March 2019.

TECH

SureRemit App updates
We’re finalizing the set up of the new payment gateway provider, this requires more time therefore delaying the in-app funding/RMT purchasing with Credit/Debit card. We expect the payment provider to finalize the set up on their end by next week. We will then push the update.

Busha
Busha is live and crypto purchases (mostly BTC and ETH) are increasing rapidly, heavy traders are on board and Busha has exceeded the $1 million milestone since launch. API’s are currently being developed.
SureRemit and Busha teams continue to work on the backend solution, we’ll update on the progress in the coming weeks. Their marketing efforts will intensify next week.

EXCHANGES
We’re going over our options in selecting exchanges that meet our strategic goals, including a focus on exchanges that meet current (and expected) compliance and regulatory legislation. Seen the current developments in the crypto landscape we have become more critical on the performance of exchanges and the influence they have on the (price) development of SureRemit.

SureRemit Weekly: Finally, In-app RMT Purchase with Debit/Credit Card (Mar. 08, 2019)

NEW MERCHANTS/MARKETS
Launching the India vouchers experienced a delay due to a different coding in staging/testing environment and live environment on our partner’s side. We’re amending the code now and will push the vouchers, aiming to do so today/tomorrow. This delay also affected the WeGift integration, but their live environment will be easier to integrate and will happen once India is finalized. The newly created API for the Turkey vouchers is almost ready and testing will commence in the coming week.

Partnership with Streetlib.com
During the past week, we’ve been working with StreetLib to prepare RMT royalty payments for their users. They will announce the cooperation during the London Book Fair (12–14 March). Now we’ll work on creating StreetLib vouchers to be added to the SureRemit platform.

MARKETING
This week, SureRemit was mentioned in the following article/research regarding blockchain projects disrupting the global remittance industry: Click here to view the article. Further (crypto related) marketing will intensify once all the merchants (India, WeGift, Turkey) are available.

TECH
SureRemit App updates
The setup of the new payment gateway provider is finalized and the in-app funding/RMT purchasing with a Debit/Credit card will be pushed by Tuesday.

EXCHANGES
Listing with more exchanges is an integral part of crypto and we’re in contact with a few exchanges for short term and long term listings. We understand the eagerness to list with the well-known exchanges and appreciate the added value that they could have regarding RMT token price development. This is not a simple process, a lot has to be considered. Listings can be quite costly; listing fees or other listing related costs and there really is no guaranteed success. Some exchanges have severe requirements and, when they are not met, could actually do more harm than good. Our goal is to work with exchanges that add value to SureRemit’s continuous development and are prepared for inevitable, upcoming regulation/legislation. Ultimately, the adoption of our services by users worldwide will have a solid sustainable impact on RMT price development. Our challenge is to combine the desires of the crypto landscape with our development.

SureRemit App referral program
SureRemit app has a referral program which gives you and the referred $5,- each, check it out in-app at the ‘Invite’ section!

SureRemit is now live in India! (Mar. 11, 2019)

Great news! We have added 44 new merchants for India including Amazon, Bigbasket, Big Bazaar, Flipkart, Pantaloons, Uber, Westside, Yatra, Shoppers Stop, Croma and we’ll continue to add more merchants in the coming weeks. An overview of the available merchants can be found in the SureRemit app. You can purchase the vouchers and send them your loved ones with great ease, download the SureRemit app and start remitting instantly! Download the SureRemit app here:

iOS

Android

SureRemit is a non-cash remittance service provider utilizing blockchain and the RMT token to facilitate global remittances. With SureRemit you can purchase vouchers, pay bills, send airtime, and donate to charity with ease — from your phone. We made remitting simple, safe & secure, very low cost (0% to 2%), and lightning fast! Choose from our continuously growing global merchant network and send vouchers to your family, friends, and loved ones all over the world or spoil yourself with a voucher! To make it even easier, you can purchase all of the vouchers using a debit/credit card in-App. No cryptocurrency expertise is required! Are you an RMT token holder? Great! You can use your RMT tokens to purchase the vouchers. That’s remitting with SureRemit. No More Hassle!

JOIN OUR COMMUNITY!

Website

Twitter

Facebook

Medium

Telegram: SureRemit Circle

Reddit

RMT EXCHANGES

Busha

SDEX

StellarTerm

LATOKEN

[atinaditya]

Partnership Agreement Signed with StreetLib (Mar. 13, 2019)

StreetLib, the Italy-based digital books distributor has put pen to paper and signed a partnership agreement with SureRemit.

We made this partnership agreement public in one of the weekly update articles.

The official announcement was issued via a press release earlier today. This is wonderful news to the SureRemit community.

Now, authors and publishers on StreetLib can get paid instantly in RMT, which is added to their in-app wallet. Also, StreetLib vouchers will be made available on the SureRemit app for book purchases from the StreetLib store.

More details are available in the official press release.