SPX 10.0% 1.1¢ spenda limited

FSCo will complement Spenda via international settlements via...

  1. 181 Posts.
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    FSCo will complement Spenda via international settlements via their own rails (Mastercard Token Network)

    in other words, it could lead to another income stream for Spenda but would be more directed for farmers and exporters etc
    This technology will facilitate payment for the buyer and seller within minutes rather than days, and also extremely cheaper than what is the norm now

    International settlement relies on the banks in the other country to settle payments, this is usually around 2-3 days and comes at a big cost, this new way is extremely cheaper and settles within minutes, so therefore it could put Fsco and Spenda at the front of the line and should, if executed efficiently could give spenda the first mover advantage in this market.




 
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