522
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Aug 2024
522 points (99.4% liked)
Technology
59583 readers
2299 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Was ist das?
It's informal way of transferring the money. You give your money to Hawalardar which contacts the Hawalardar in the destination country. That person gives back the money minus fee which you pointed out or any person who knows the code. It works like money transfer but outside the formal payment system. That's why it's hated by most governments in the world. In many countries it has names like in China "flying money"
First time I've heard of it. Sounds awesome!