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Ideally YES, every community member should have a Transact Account (or a Transact Profile) to use Swifin Transact for the local currency payment experience in Lumi that provides. Transact has been purposefully designed to address two key questions that Community members from different Countries around the world have been asking; How many units of Lumi are in 1 unit of... Read more

Members cannot access physical fiat from Transact. Neither can they access physical fiat from Swifin. The Swifin Platform and all related tools are designed to empower members of the Community to trade with each other and to exchange goods and services in return for an instant settlement in Lumi. Each community member is voluntarily ready, willing and able to accept... Read more

Transact is an impactful financial inclusion tool which enables members to make payments in Lumi with complete local currency experience in that the amounts they enter can be specified in any local currency in the world. The system looks at the reference market rates and determines how many units of Lumi to transfer any specified amount in the selected local... Read more

KYC Stands for Know Your Customer and you will need to provide information such as a copy of your ID to confirm your names. The names on the ID you submit in your Transact Account need to match the names on both the Connect Profile Link and your Swifin ID profile. Your Connect Profile Link and your Swifin Account are... Read more

To create a Swifin Transact (Transact) Profile there 2 preconditions; Make sure you have an email box that is accessible Make sure you have created, activated and updated your Connect Profile and know your Connect Profile Link and this will be required for you to complete KYC on Transact. Once you have satisfied on the two preconditions above you should... Read more

Transact is an impactful financial inclusion tool which enables members to make payments in any currency WITHOUT CONVERSION globally with LUMI as the singular underlying instrument of exchange. Transact makes it possible for members to make and receive real time payments in Lumi globally using amounts specified in any familiar local currency for seamless access for all members WITHOUT CONVERSION.  All... Read more

The swifin Social Income Model is a computer driven revenue distribution engine that has been conceived designed and implemented specifically for the Swifin Community. The model uses community based transactions, any fees charged, the originated member and its broker network to distribute tiered commissions to all the community member affected in the transacting members social network on the Swifin Community.... Read more

There are 3 main differences and 1 similarity between an unlinked Swifin ID and a linked Swifin ID. These are presented in the table below. ItemLinked Swifin IDUnlinked Swifin IDHas a BrokerYesNoAny one can create itNoYesGenerates T1 revenue for BrokerYesNoCan act as Broker for othersYesYes

Please follow these steps to login on a computer (desktop or laptop) 1 Go to https://connect.swifin.com/member-login/. You can also go the Connect home page (https://connect.swifin.com) and click on the "Log into Swifin Account" button as shown below. 2. When you visit the login link or click the login button as described above, you will see a screen similar to the... Read more

A linked Swifin ID may also be referred to as an anchored Swifin ID. This basically means that it is connected to an existing member's Swifin ID. Therefore one can also say that a liked Swifin ID has a broker attached to it.