Millions of $ are lost daily to bid-ask spreads of money changers/banks. What if we can remove them, and match individuals directly to trade at forex mid-rates?
JuzExchange is a highly-scalable platform to match sellers/buyers of foreign currency banknote with each other using disruptive GPS-assisted people-matching technology, based on:
- actual global SGD/forex rates (without bid-ask spread)
- type and amount of foreign currency banknote involved
- relative distance of the seller/buyer from each other
To safeguard the integrity of the app, JuzExchange has deployed many user protection measures.