Comment by jacquesm

Because there is - potentially - a lot of money involved and I like to do that sort of thing on an environment that I control. No smartphone here so the web is all I have. Money transmitters are operating in a heavily regulated domain and KYC/AML requirements are going to dominate the discussion, any operator that wishes to be taken serious should list up front what they are going to require and why as well as to state clearly who they are (physical location, names of execs) rather than to post from anonymous low karma accounts with urgent calls to action. Also: inside the EU money transfers are already fast and with minimal costs, I use these daily and any claims of improvement should be backed up with proof. 99% seems very strange as a claim without a comparison matrix listing prices. My immediate concern is that if their claims are true that they must have some other way of making money of the transactions that is not disclosed.