Empowering Underserved Communities: Paystand.org Unveils Innovative Blockchain and Bitcoin Initiatives in the U.S. and LATAM for Economic Growth and Financial Inclusion
Paystand.org is rooted in Paystand’s mission: to decentralize the financial system, transforming businesses toward a better economy. The initiative addresses the serious challenges facing emerging economies globally in financial inclusion, including high inflation, lack of access to banking, burdensome service fees, long payment delays with too many intermediaries, and difficulty obtaining credit and capital. These underserved communities also deal with such issues as workers sending money back home and being hit with unfair charges as high as 6.8%. They also must wait days for their families to receive it -- showcasing a clear exploitation of the less fortunate by the financial system.
- The organization will harness the power of the Blockchain and emerging bitcoin circular economies to create financial opportunities within vulnerable and underrepresented communities.
- Paystand.org is rooted in Paystand’s mission: to decentralize the financial system, transforming businesses toward a better economy.
- These underserved communities also deal with such issues as workers sending money back home and being hit with unfair charges as high as 6.8%.
- They also must wait days for their families to receive it -- showcasing a clear exploitation of the less fortunate by the financial system.