Cash-to-Bitcoin App for Southeast Launch – Bitcoints


Published on July 20th, 2015 | by bitcoin


Cash-to-Bitcoin App for Southeast Launch

All transactions are denominated and held in local currency, with using the blockchain as the rails to facilitate the exchange of funds.
Hose told CoinDesk:
“We’ve been getting really good traction with our existing bills, payment and money transfer services after shifting to using blockchain in the background.
Abra connection
Hose further acknowledged that the app bears a similarity to the much-anticipated remittance app Abra.
However, Hose sees Teller as a different take on the Abra model, given that provides additional services to local users.
As with Abra, Teller will employ an Uber-like rating system it believes will reduce the risk of customer dissatisfaction in using the app.

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