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As this problem has persisted over the years, travelers are advised to use their local banks for foreign exchange before traveling. Travelers may also have to go through some lengthy processes to get an approved transaction from their local banks. Eventually, they resort to airport exchange services.
Travelers pay up to $5 for using a foreign ATM and 3% foreign exchange fees. So if a traveler withdraws $100, they would have to pay up to 8% fee. And, the bank currency exchange process may be time-consuming for travelers. Travelers may also be required to provide some documents before transactions are approved.
more informationAt the point of transactions, users can save conversion fees by leveraging their in-app wallet to scan QR codes of partnering retail companies for immediate payment of service rendered.
Waluuta integrates an optional credit card service that holders can use at ATMs to make cash withdrawals. Unlike traditional credit cards, users can leverage their crypto cards to withdraw and earn convertible reward.
Allows Waluuta holders to manage their coins alongside other cryptocurrencies.
WAL users can walk into a local restaurant, make purchases and make payments with the WAL coin.
By using a platform with an integrative wallet that aids immediate payment, travelers can do without exchange bureaus and save money to build wealth passively.
The wallet automatically converts the coins into its equivalent fiat currency for users to withdraw through their bank accounts.
Waluuta integrates a payment system that enables users to pay for services easily.
Waluuta decentralized platform integrates a coin system that can be used for transactions across different countries, thus eliminating the need for traditional exchangers.
Through the Wallet system, users can directly send the Wal coins to service providers as payments for products or services or exchange the coin for other coins that are also acceptable to peculiar service providers.
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Wal coins holders can either leverage these ATMs to withdraw their WAL coins in the local currency or use any Mastercard supported ATM to withdraw cash.
Wal holders only need to scan the QR code with their decentralized wallet to make immediate payment to these service providers.
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Whitepaper Creation
Blockchain and Cryptocurrency Creation
Blockchain, Cryptocurrency and Wallet testing
Web Application Development
Mobile Application Development
Integration of wallet facilities in the mobile and web application
Testing of both applications
Coin Offering
Coin Listing on Exchanges
Marketing
Partnership with local and international companies
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