We are a Community. We work together to save fees.
It is free for Members to create and redeem Transfers using Tigereum.
We are a decentralised Community. Transfers are not a product of a bank, remitter or financial institution seeking to make profits from Transfers.
When local Partners create/redeem Transfers, the price of Tigereum is 5% more/less than its trading price. Local Partners pay, from out of this margin, 1% of all Transfers tosupport the costs of our Community.
Mastercard and Visa charge up to 2.5% to process a card payment. Where this occurs, you cover that cost for your Transfer.