this post was submitted on 20 Aug 2024
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523
European Commission cuts funding support for Free Software projects (edri.org)
submitted 2 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 1 points 2 months ago (1 children)

It's informal way of transferring the money. You give your money to Hawalardar which contacts the Hawalardar in the destination country. That person gives back the money minus fee which you pointed out or any person who knows the code. It works like money transfer but outside the formal payment system. That's why it's hated by most governments in the world. In many countries it has names like in China "flying money"

[โ€“] [email protected] 1 points 2 months ago

First time I've heard of it. Sounds awesome!