Description
Please do not buy this product. It is not a packaged distribution and nothing will be delivered. It is a demo only STV training product.
1SDC is a Swifin Dynamic Coupon with a combined or hybrid face value of USD 1.00. The face value is measured in USD terms on a basis of 50% in USD and 50% in AKL at AKL/USD peg rate of AKL1.0Â = USD 15.96.Â
Cost: USD0.5 + AKL0.031328
Purpose: SDCs are the transactional instruments for exchanging goods and services via Swifin Transact without the need to calculate the underlying component value at the point of exchange. Merchants on the Swifin Marketplace and community members will access the underlying component value at all times irrespective of the currency of transaction via Swifin Transact.
Linus Etube (verified owner) –
These new Swifin Transact Vouchers or STVs are Hybrid transactional Vouchers or coupons used to deliver seamless access to 50/50 (USD/AKL) Community based trading and exchange for goods and services designed to specifically solve the huge problem of financial exclusion and market illiquidity.
STVs are generally settled via Swifin Transact for frictionless trading across the community. This particular product (1 STV) is for training only and cannot be delivered but its characteristics are otherswise the same with the 5 key STV packages available for distribution and packaged in multiples of 10. The minimum available Package from the Swifin Marketplace is 10 STV and the maximum is 100,000 STV.
STVs are designed to deliver frictionless access to buying and selling of products and services across the Swifin Community without the historical plague of financial exclusion which affects over 91% of the population in some Countries within Continental Africa and other developing markets with shallow financial markets and illiquid local currencies.
This innovative approach is expected to boost financial inclusion, enhance trade, increase participation in the real economy for the heavily marginalised and drive economic prosperity for all.
Linus Etube (verified owner) –
These new Swifin Transact Vouchers or STVs are Hybrid transactional Vouchers or coupons used to deliver seamless access to 50/50 (USD/AKL) Community based trading and exchange for goods and services designed to specifically solve the huge problem of financial exclusion and market illiquidity.
STVs are generally settled via Swifin Transact for frictionless trading across the community. This particular product (1 STV) is for training only and cannot be delivered but its characteristics are otherwise the same with the 5 key STV packages available for distribution. They packaged in multiples of 10. The minimum available Package from the Swifin Marketplace is 10 STV and the maximum is 100,000 STV.
The STV packages are now live and available from the marketplace (https://connect.swifin.com/shop/) for pre-orders ahead of the opening and launch of the New Transact System (Transact Version 2)
STVs are designed to deliver frictionless access to buying and selling of products and services across the Swifin Community without the age-old impediment of financial exclusion which affects over 91% of the population in some Countries within Continental Africa and other developing markets with shallow financial markets, illiquid local currencies and general lack of access.
This innovative approach is expected to boost financial inclusion, enhance trade, increase participation in the real economy for the heavily marginalised and drive economic prosperity for all.