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Bullboard - Stock Discussion Forum RevoluGROUP Canada Inc V.REVO

RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and... see more

TSXV:REVO - Post Discussion

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Post by 74gremlin on Nov 11, 2022 6:53pm

Hey Jim

When a remittance is sent, does Revo get the entire percentage? 

Or, as with almost all fintechS and even western union, does the receiving back or network take a cut? 

do you think Revo, or any other remittance company should set up their own offices so they don't have to pay a bank location for pickup? 

I hope you understand that's not how it works.  Revo doesn't have any high banking fees. 

In fact jim, the 4-7% DCE's pay, we can do it for .23% 
do the math.

Comment by 74gremlin on Nov 11, 2022 6:53pm
*bank 
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