Bank4YOU Group (BFY)

Mobile Money Remittance System – Money transfer and cash withdrawal on blockchain.

Whitepaper

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What is Bank4YOU Group

Bank4YOU Group provides customers with a wide range of pre-paid card options as well as other financial solutions. Various fin-tech products are developed for people with active lifestyles, such as students, tourists, migrant workers, and frequent travelers.

One of Bank4YOU Group’s core services is TaxFree4U, a VAT refund mobile app available to non-EU customers shopping in Europe.

Bank4YOU mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America.

Bank4YOU operators will also benefit from increased subscriber activity as new customers join as a result of Bank4YOU Group’s local marketing activities.

Bank4YOU service will support intra-operator transfers so individuals on different networks can still engage with each other using their Bank4YOU mobile wallets.

Customers would be able to transfer money to other countries with minimal commission fees and without being at the mercy of restricted opening hours or the challenges faced when dealing with traditional financial institutions. Business users will also have the opportunity to reduce their transaction costs and potentially execute free payments to their suppliers.