Besrour 2010

Do you have a relative or friend living abroad? There are many reasons why you need to transfer money, but do you know the best way to do it without paying a lot of fees?

Without today's technologies that facilitate the process of transferring money, our lives would have been much more difficult, just imagine your loved one needs financial help, but doing it the traditional way can take days or weeks. Thankfully, that's not the case anymore! Digital transformation is now changing every aspect of our lives, including the financial aspect, making people's lives easier and more convenient.

And in this context, the Franco-Tunisian FinTech Easy Transfer launches its money transfer product "MyEasy Transfer", on March 30, 2022, for individuals and businesses. In partnership with the first payment institution in Tunisia Via Mobile, "Easy Transfer" uses their network of agents to distribute the money throughout Tunisia. 

"Easy Transfer" is the project and dream of two Tunisian brothers Ismail and Jabrane Khenissi, with more than 15 years of experience in Finance and IT in France and the UK, to help their community send money to their country. "Easy Transfer is approved in Europe by the ACPR (Autorité de contrôle prudentiel et de résolution in France) and has also obtained the agreement of the BCT to operate in Tunisia.

Why do I need "Easy Transfer"?

Money transfers are a fast and convenient way to send money or to pay safely expenses and with "Easy Transfer" you benefit from the best advantages, namely, low cost; reduced exchange fees and the cheapest commission on the market, transparency; costs and amounts to be received communicated from the simulation, with no additional charges either for sending or receiving, speed; provision of your money in a few minutes, via our partners present throughout the territory and flexibility; distribution of your money, according to your choice: at your local merchant or your bank branch.

Simply register with Easy Transfer and you will be able to access your online account immediately. If you are already registered, simply go to the login page and follow the instructions on the screen. The company "Easy Transfer" will facilitate your transfers and will bring flexibility and innovation in this field for Tunisians living abroad.

"With the advantages offered by our product, such as the distribution that will be done through local businesses and not through the traditional network of bank branches or post office. This would allow beneficiaries to avoid the problems of queuing and waiting and schedules, "said Ismail Khenissi.

"Our service is one of the cheapest players in the market with a very competitive exchange rate, the cheapest commission on the market that starts from 1 euro" said Jabrane Kenissi.

What are the transfer methods?

The online service "Easy Transfer" offers you the possibility to transfer money easily by allowing the sender to pay with his bank card from anywhere his transfer and instant availability of the money in Tunisia to the final beneficiary in one of the 250 Swared agents present on all the territory. Other channels are being prepared for the coming months such as bank transfers and electronic wallets.

Available on App Store, Google Play and App Gallery, the IZI application offers a set of services related to payments and funds transfers such as account opening, cash in and cash out, transfer of funds from one person to another (P2P transfers) or payment of various bills and phone recharge from all operators.

The development of the activity of the payment establishment will be particularly based on the banking network of its reference shareholder Banque Zitouna (51% of the capital) and on its partner Magasin Général, which holds 10% of its capital.

According to its General Manager, Mr. Lotfi BOUAICHA, Zitouna Paiement currently has 500 points of sale (payment agents) and plans to reach 1,500 points next year and aims to reach 3,500 payment agents in 2026.

IZI is an innovative, simple, fast, low-cost and secure payment solution. It is at the heart of the Tunisian financial inclusion policy. We aim to become a major player in mobile payments and a gas pedal of decashing, which is nowadays very useful and necessary for the inclusion of populations and small merchants in the national financial ecosystem.

Source : ilboursa.com 

The real danger of Bitcoin is not that the price goes down, it's that it disrupts our linear way of thinking with regard to money in general. Bitcoin will not replace the US dollar but it may destroy the US dollar by destroying the concept of money to the point where you know is it a video game ? is it real ? or what is money ? and once you get into that world, we're kind of in that world, we just don't realize. It's you know say the old saying we don't know who discovered water but we know it's not the fish because the fish is in the water and doesn't know about water until you take it out. We're in the world of Bitcoin and everyone spun up about the price, blockchain, and all that stuff, that's all content doesn't matter very much but what does matter is the water, the electronic environment that we're in the immersion. The water around the fish which destroying the idea of money and that may have consequences that go way beyond Bitcoin.

By Jim Rickards