Konfi, far too much confusion regarding the 11% commission rate
Based on those figures - the industry (Fees and commissions not actual money transferred ) is already worth billions today
DCC indicate in their report that their charges are less than half of the main competitors
I doubt their competitors are at over 20% charges
IMO, hard to believe the cost of transferring money will be that great - especially to the users of the poorer countries that are meant to benefit the most ...
Some Numbers, page-2
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