Published on September 4th, 2015 | by bitcoin0
Remittance Firm Beam Boots Bitcoin: Moved To International Debit/Credit Cards
Bitcoin startup Beam is dropping their remittance plans for now.
Beam Dropping Bitcoin Remittance Altogether
The decision by Ghanese Bitcoin startup Beam to drop their remittance plans came as quite a surprise.
Beam has offered an international Bitcoin remittance service to its customers for less than a year now and set out to solve the issue of growing remittance needs in Ghana.
Unlike competitors such as Western Union, Bitcoin remittance transfers are instantaneous and subject of far lower fees.
Ghana Needs a Better Financial Infrastructure Sooner or Later
The decision by Beam also means that Ghanaians are back to square one when it comes to remittance services in the country.