These fees can add up and eat into profits, especially for small and medium-sized businesses. Transactions involving Limocain do not incur the usual banking expenditures associated with fiat currencies, such as deposits, withdrawals, and maintenance fees.

Limocoin offers many benefits over traditional payment methods. Through the merchant campaign, merchants in these countries can easily accept and process electronic payments at reduced rates by clicking a button. This makes it more secure and less susceptible to fraud and corruption than traditional systems.Īfrican businesses often need help with the high cost of cross-border payments and the lack of transparency in the financial system. The peer-to-peer digital currency relies on a decentralized blockchain ledger that eliminates the need for third-party banks or payment processors. Through blockchain technology, this decentralized payment system offers faster transactions and greater security than traditional methods while providing a lower cost of doing business. OUAGADOUGOU, BURKINA FASO / JANUARY 11th, 2022 / Limocoin, a revolutionary digital currency system, has officially launched its merchant campaign in Burkina Faso, France, Cameroon, Senegal, and Mali. Summary: Following its success in processing a high volume of transactions, Limocoin has rolled out a merchant campaign in Burkina Faso, marking a significant expansion in its reach and impact.

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