Remittix (RTX) aims to establish itself as a major player in the cross-border payments market, which is expected to grow from around $150 trillion in 2017 to over $250 trillion by 2027.
The platform allows users to convert more than 40 cryptocurrencies into fiat currency and transfer it to any global bank account, particularly targeting unbanked individuals who are seeking alternatives to traditional financial systems.
What distinguishes Remittix is its user-friendly interface and transparent fee structure, which eliminates hidden charges commonly associated with conventional banking. Transactions are processed instantly without intermediaries, utilizing blockchain technology to enhance security and transparency.
Unlike competitors like Stripe and Wise, Remittix enables direct cryptocurrency transfers to bank accounts, providing added convenience for users. Moreover, businesses have the option to integrate Remittix's Pay API into their websites, enabling customers to make payments using cryptocurrencies.
With support for over 30 fiat currencies and more than 50 cryptocurrency pairs, Remittix is revolutionizing international payment solutions for both individuals and enterprises.