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Send Money Smarter.
By leveraging blockchain technology and mobile money infrastructure, we enable users to transfer money globally in seconds.
Including fees and FX margin, the global average cost of sending a remittance is over 7%. Telcoin is targeting an average total cost of less than 2%.
Telcoin works with mobile operators and e-wallets globally, allowing us to reach a broad base of users with a contactless service.
Built on the Ethereum blockchain, Telcoin combines the strength of a decentralized network with multi-signature crypto security.
Our user-first design makes the Telcoin Wallet the ultimate way to send money. Simply cash-in, enter the beneficiary country, phone number, amount, and send.
Telecom operators are issued TEL based on their transaction volume and integration maturity, ensuring the most efficient delivery of an affordable remittance service to their subscribers.
Telcoin can easily fit into existing fee models for connecting to carrier billing and mobile money platforms, but any fees applied are then deducted from TEL issuance. The model incentivizes a low fee service that is attractive to end users but still profitable for networks.
Telcoin’s pricing and exchange API interacts directly with carrier billing and mobile money platforms through REST APIs, SMS, and USSD.