This would have a ripple effect of enhancing quality of life, healthcare, education, clean water and food for millions of people. I thought something had to be done to help low skilled immigrants that are already at the bottom of economic scale, keep more of their hard earned cash while making a positive social impact worldwide.
I travelled the world for a couple of years and spoke frequently at industry conferences about the unfair remittance prices, sharing stats from World Bank and World Health Organization. The response from the community was unbelievable and led me and my team to refocus the mission for ZipZap to help build a simpler and less costly remittance solution for the millions of migrant workers worldwide.
I would like to ask you to join us in this journey by making an investment in ZipZap to help us build the the largest and most trusted remittance company with a mission to enhance the lives of millions of people worldwide. We are licensed and live in Canada with remittances to India, China and the Philippines.
We are launching in the U. Who are the people that use Zip Zap? How many active customers do you have today? Do you have customer testimonials? This diagram shows the typical transfer between a Sender in Canada and a Receiver in the Philippines with the remittance via our Currency Router using either digital currencies like Bitcoin or traditional bank-to-bank payment.
We wanted to simplify and streamline remittances so that we can reduce costs and leave more money in the pockets of the migrant workers and their loved ones. How is your customer solving the problem today and why is your solution better? Migrant workers currently use brick and mortar locations that are inconvenient for them to use expensive, long lines, paper forms, open during business hours only, The process is very transparent to both Sender and Receiver.
Behind the scenes, we use sophisticated algorithms to KYC the Sender and Receiver, detect fraud and money laundering, and reduce transaction friction, costs and delivery times. Explain why your team has what it takes roles and past experience vs challenges? We are migrant workers ourselves. Our team members are either first or 2nd generation immigrants that understand the pain point and have a passion to help improve the lives of other migrant workers. Herbert Magbanua, Managing Director, Canada, is a seasoned manager with 25 years of experience in international management including Philippine Long Distance Company.
We work with banks and licensed money transfer companies in India and Philippines to remit funds to recipients using their money transfer license. ABRA is trying to build a peer-to peer-remittance network in addition to a large global distribution network, two major undertakings which take a very long time to accomplish.
There are no taxes for remittances in Canada. We are in full compliance with all regulations in all jurisdictions that we operate in. We use a proprietary Currency Router that routes the transaction to the least expensive option, whether through traditional banking rails or Blockchain gateways and exchanges. We carry minimal risks for currency fluctuations if we decide to hold currency amounts in excess of our daily needs which risk we can reduce through hedging practices if needed.
The reason we chose this hybrid approach was so that we are not dependent on any single payment option or currency. Therefore, there is no threat to ZipZap even if Bitcoin or ZED is gone tomorrow because the platform would then simply use another payment option including traditional banks. The advantage is that we are not locked into only one option - we will select the BEST option no matter what the circumstances are. This provides the maximum flexibility and the best rate for our customers.
Remittance business is all about scale and therefore, it makes sense to sacrifice margins initially for rapid growth. In , we began to build a remittance app on top of our cash payment network and Blockchain assets that was beta launched in October We launched in October with remittances to Philippines and added India and China in We are now growing rapidly and need additional funding to continue to scale up in preparation of a Series A funding.
We are live with all banks in the Philippines and India. In addition, we offer cash pickup at over 10, locations in the Philippines and are in the final steps of integration with payment partners that allow us to grow to dozens of additional markets worldwide. Remittance companies are required to be licensed in the countries they initiate payment i.
We are licensed in Canada and a licensed Agent for 30 states in the US. We work with banks and licensed money transfer companies in India and Philippines. The Philippine's oldest rebittance service, Rebit. Brock Pierce, the Southern California angel investor who is one of the most active proponents and investors in Bitcoin and its startups, has made another investment in the space, leading an AngelList syndicate funding of ZipZap.
The typically lower-income people who send money to friends and relatives in their home countries pay 8. ZipZap expects digital currency to reduce poverty, create jobs, improve healthcare, and a couple more. We took the opportunity to ask him a few questions regarding ZipZap, Bitcoin and the future of money.
Bitcoin evangelists and startups like ZipZap envision international workers sending money home for nearly free. But the remittance industry isn't ready to die yet. Andreas is at the Latin America conference talking pre-paid cards, remittance and the slow creep of progress in a regulated world. Payment system and virtual currency Ripple is now taking payments in physical cash, thanks to a deal with ZipZap, and SnapSwap. ZipZap, a service that allows people to complete online transactions by paying in cash at selected locations, has partnered with SnapSwap, a gateway onto the Ripple Networ.
Interviewer: Angel RaRa. A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved.
These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.
Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration. See details below:. As you might know, ZipZap has exceeded its minimum funding goal.
When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ZipZap be on the lookout for an email that describes more about the disbursement process. But because of the high fees of companies like Western Union, this places a huge financial burden on them. Currently, ZipZap enables workers in Canada to send money to China, India, and the Philippines, which are the three largest countries in terms of remittance transfers.
But now the company is planning to expand to the U. But to fund its expansion plans, the company needs capital — which is where you come in…. Competitors include pound gorillas like Western Union, and start-ups like TransferWise, Remitly, and several others. Please note: Crowdability has no relationship with ZipZap, or with any of the platforms or companies we write about. Crowdability is an independent provider of education, information and research on start-ups and alternative investments.
We are extremely excited to be offer these new markets, in addition to our previous markets India, China and Philippines for a total of 13 remittance corridors for our Canadian customers! No results for " ". View all Investments. Toggle navigation.
View all investments. Hello there. Sign in to continue. Forgot Password? Create Account. New to StartEngine? Enter your email address to sign up. You've been referred to StartEngine We offer investment opportunities in growing companies, helping entrepreneurs achieve their dreams.
To confirm your referral, please enter your email. Thanks for signing up! Not seeing an email? Check your spam folder. Already have an account? Login here. Forgot Password Please enter your email and we'll send you further instructions. Back to Login. The ZipZap offering is now closed and is no longer accepting investments. ZipZap Global Money Transfer. Regulation Crowdfunding. Orinda, CA. Financial Services. Accepting International Investment. The Problem With Traditional Methods. OK Coins.
Target Markets for Expansion in United Kingdoms. Marketing Plan - UK. College Ambassadors are recruited from local colleges and earn school credits as well as the above commissions. They recruit Retail Ambassadors and partner with local community leaders to promote ZipZap brand in the local communities.
Community Ambassadors earn modest salaries, bonuses, commissions and stock options depending on their achievements. Affiliates :Affiliates are corporate clients, charities and nonprofits that wish to refer their employees and members to use ZipZap services either as a perk for the company or as a way to fundraise for the charity. How We Make Money. Transfer Fee. FX Conversion Fee.
Membership Fee opt. Prior Funding History. Convertible Debt - May Convertible Debt - June A letter from our Founder. ZipZap CEO Alan Safahi told CoinDesk the company had not ended its relationship with PayPoint, adding that it was still working with them for non-digital currency clients, and to add more payment locations. He said such issues were a fact of life for bitcoin businesses who needed to operate within the traditional fiat world. He added:. Meanwhile, we are pursuing other options as well.
ZipZap had allowed customers to buy bitcoins with cash by first registering at its site and verifying ID, printing out a barcode on a payment slip and then taking it to a cashier at a physical location to hand over the money. The service operated in five countries and customers could also login via existing accounts with Bittylicious , BuyBitcoin.
There were 28, physical stores for customers to pay — all of them PayPoint clients. Though the process of printing slips and visiting a store might seem a cumbersome way to acquire such currency, it remained simpler and much less risky then dealing with online bitcoin exchanges. ZipZap allowed customers to transact within their own country, as long as it was one of the five, and with registered businesses.
The world s largest cash payment network for online financial services and ecommerce transactions. Ces baisses de prix et passages en gratuit sont valables au. The revelation was made during the conference BitcoinExpo, which happened last Saturday View Alan Safahi s profile on LinkedIn, the world s largest professional community. California based global transaction network ZipZap has announced1. Another way to estimate bitcoin usage is by the number of bitcoin.
Buy bitcoin with zip zap zopo that is exactly what. View all 9 investors from this round. Today the total market value of all cryptocurrencies is more than billion there are dozens of 24 hour online exchanges that allow users to swap fiat. A financial institution was never able to legally deny service to a cryptocurrency company before, though.
Zip Zap might not know who sent the money the Bank might not. To know what is blockchain, click here. Ripple Forum View topic What Happened to om July 28 29 decentralized, thought leaders, virtual currency expertsbusiness visionaries will converge at the Tel Aviv Hilton to lead a discussion on the first digital peer to peer based global currency The vision for bitcoin is going to be set at conferences like this.
ZipZap launching global bitcoin for cash exchanges. Zipzap ZipZap logo ZipZap ZipZap users can pay for bitcoin with cash at a merchant location by bank transfer wire transfer. Que dois je savoir avant tout sur Bitcoin. Quick to say as an acrobat who jumps from a trapeze to another.
How a New York startup disregarded the law to help get. ZipZap is a global buy bitcoin with zip zap zopo network enabling consumers to buy digital currencies like Bitcoin. ZipZap might turn k stores in the UK and Russia into. Buy bitcoin with zip zap hendersonvilleOver the past four decades, the legend of the Zip to Zap has grown to almost epic proportions. Bitcoin zip zap trezor bitcoin and ethereum raspberry pi.
I wonder what the premium will be on market prices. Alpha gamma omega iota chapter acheter buy bitcoin with zip zap zopo avec zip. Zap is a free Lightning Network wallet focused on user experience ease of use, with the overall buy bitcoin with zip zap zopo of helping the cryptocurrency community scale Bitcoin other cryptocurrencies.
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This is how you buy bitcoins. Payzone Zip Zap Scanner Transaction YouTube A global cash transaction network enabling consumers to use cash to make online purchases, pay bills, and top up eWallets, prepaid cards buy bitcoin with zip zap zopo mobile accounts.
Come comprare bitcoin in polonia. The BitCoin Program Business Directory is designed to be convenient in locating the businesses that accept bitcoins. You can perform a search by name, location, zip code, etc. Bitcoins good as goldgood for nothing. The firm also offers cash loading services at overlocations through its affiliation with Zip Zap.
You can go to a local CVShave your purchased bitcoins sent to your public Bitcoin wallet address for a 3. You ll need to have a bitcoin wallet since ZipZap does buy bitcoin with zip zap zopo hold your bitcoins for you. Inside Bitcoins BizzaboI m not happy about prices going up as fast as they have said Alan Safahi, which bills itself as the largest cash payment processor of Bitcoins For any commodity it s normal to have price adjustment, to test new lowsCEO of Zip Zap, new highs.
It s not good to always go up. Yet that is exactly what. You could try emailing their support teamsee what happens. It is not surprising to learn bitcoin is a valuable ally in the remittance sector. Digital currencies alleviate a lot of cross border payment.
A global cash transaction network enabling consumers to use buy bitcoin with zip zap zopo to make online purchases, pay bills, top up eWallets, mobile accounts. One of the first potential applications, monetizing time, may revolutionize the way wewait Micro Pay for Queue" with Bitcoin. To buy bitcoin, buyers connect a ZipZap account to their bitcoin. Do bitcoins have serial numbers Bitcoin miner software. Investopediajulzipzap california based global transaction network zipzap has announced 11 m in new funding that will be used in part to fund the expansion of the companys cash to bitcoin serviceswire transfer purchase option to new global markets the seed funding round closed in june included bitcoin.
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They may have been hacked the out of place email address. But whatever the case, Zip ZAP sounds lame to me. A serial entrepreneur with nearly 30 years of hands on experience in the information technology, telecommunications. Alan Safahi, told me that it was important to have a conference in Silicon Valley because SV is becoming the.
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The report, titled Bitcoin Decrypted, discussed the difficulty in ascribing value to the digital currency. The second edition of the Indian Grand Prix did not match up to with the hype that the edition generated with many of the superstars including Shah Rukh KhanSachin Tendulkar giving it a miss. Even those who attended, Sonakshi Sinha whose movie is releasing shortly were more. Ah, but some things are more revealing of Bitcoin culture. Look down at f bitcoin faucet. A faucet, say, getting SMS ads.
He added:. Meanwhile, we are pursuing other options as well. ZipZap had allowed customers to buy bitcoins with cash by first registering at its site and verifying ID, printing out a barcode on a payment slip and then taking it to a cashier at a physical location to hand over the money. The service operated in five countries and customers could also login via existing accounts with Bittylicious , BuyBitcoin.
There were 28, physical stores for customers to pay — all of them PayPoint clients. Though the process of printing slips and visiting a store might seem a cumbersome way to acquire such currency, it remained simpler and much less risky then dealing with online bitcoin exchanges. ZipZap allowed customers to transact within their own country, as long as it was one of the five, and with registered businesses. The company had apparently had no problems with its partners in the traditional banking world, but payment processors like PayPoint and PayPal have been treading far more cautiously with digital currency related activities.
If a solution cannot be found with PayPoint, there may still be other payment processing options for ZipZap in the UK.
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