E PROTECTIONS PTE LTD, Singapore’s leading payment transfer service provider, has announced One-Coin Remittance services based on economical flat fee rates. Starting on July 15th, users can enjoy transfers between Mybitwallet DIGITAL WALLET accounts at the flat rate of 100JPY / 1USD / 1EUR. Consumers, merchants, and businesses will be able to transact both easily and efficiently, anywhere in the world, for only One Coin.

When remittances occur across countries, the options available typically involve a bank or financial intermediary, carrying high bank and intermediary service charges. From July 15th Mybitwallet transactions will benefit from a flat-rate pricing structure of 100JPY / 1USD / 1EUR. E PROTECTIONS is pleased to provide customers these innovative, low-cost fees for sending and receiving payments anytime, anywhere through a One-Coin Remittance service fee program.

E PROTECTIONS introduces "One-Coin Remittance"
E PROTECTIONS introduces “One-Coin Remittance”

New service fees for One-Coin Remittance

Mybitwallet will introduce its flat-rate fee structure for remittances between users registered with Mybitwallet accounts for only 100JPY / 1USD / 1EUR per remittance. Currencies for remittance include the Japanese Yen, US Dollar and Euro.

Advantages of One-Coin Remittance

Worldwide, instant and secure, One-Coin Remittance will enable individuals and small businesses easier access to products and services provided by overseas markets. Customers will be able to use the service 24/7 in any part of the world, accessing foreign markets previously inaccessible due to transaction costs or collection issues, and to seamlessly collect payments from customers across the world.

1. Benefits for Consumers

Service fees for deposits and transfers will be significantly reduced in comparison to conventional service rates in the multiple currencies available on Mybitwallet’s payment platform.

The new service fee structure will provide for daily user services, including remittances to and from friends and families, both at home and abroad, and overseas shopping and purchases. Funds transferred across the Mybitwallet platform are available instantly for immediate, real-time transactions.

2. Benefits for Business Owners and Merchant accounts

Service fees for funds collected by Business Owners and Merchants will be significantly reduced.

Even as merchants transfer funds to customers for repayments or withdrawals, they can enjoy at the same flat rate of 100JPY / 1USD / 1EUR.

Our singular focus is on the product, and how our product is capable of improving and solving payment problems faced across the world.