Ogas @DoubleEph and @nonso2, what stops the creation of a P2P parallel $-₦ market? No cross border transfers. Match importers with remitters
-
unless you get rid of the intermediary completely but then you have trust issues. How do you enforce payments?
Intermediary gas dey o. That's how you make the money. I believe @transferwise and co have such operation at the backend @DoubleEph
-
-
I may be wrong but transferwise and xoom and co have shut up shop in Nig cuz of the N199 problem.
-
They are doing cross border. So dollar entering the country MUST change at official rate. In my suggestion, no cross border movement
End of conversation
New conversation -
-
-
once u add the intermediary you will run into regulations and then run into the N199 problem.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.