{"id":9011,"date":"2016-06-15T09:56:24","date_gmt":"2016-06-15T09:56:24","guid":{"rendered":"https:\/\/azafinance.com\/?p=9011"},"modified":"2024-07-15T09:57:27","modified_gmt":"2024-07-15T09:57:27","slug":"forbes-elizabeth-rossiello-describes-how-bitpesa-slashes-international-payment-fees-2","status":"publish","type":"post","link":"https:\/\/azafinance.com\/forbes-elizabeth-rossiello-describes-how-bitpesa-slashes-international-payment-fees-2\/","title":{"rendered":"Forbes: Elizabeth Rossiello Describes How BitPesa Slashes International Payment Fees","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p>Elizabeth Rossiello, founder and CEO of BitPesa, a sub-Saharan African B2B and foreign exchange company, describes how BitPesa leverages blockchain technology to drastically reduce international payment fees. Rossiello&#8217;s experience in microfinance and banking in East Africa revealed the inefficiencies of traditional banking systems. BitPesa enables small regional banks to send money internationally without the high costs of correspondent banks, streamlining operations and significantly lowering expenses. By integrating Bitcoin, BitPesa offers an innovative solution for businesses in Africa, promoting faster and cheaper transactions and opening new business opportunities. Read it <a class=\"waffle-rich-text-link\" href=\"https:\/\/www.forbes.com\/sites\/laurashin\/2016\/06\/15\/elizabeth-rossiello-describes-how-bitpesa-slashes-international-payment-fees\/?sh=7064cc1c2a6d\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Elizabeth Rossiello, founder and CEO of BitPesa, a sub-Saharan African B2B and foreign exchange company, describes how BitPesa leverages blockchain technology to drastically reduce international payment fees. Rossiello&#8217;s experience in microfinance and banking in East Africa revealed the inefficiencies of traditional banking systems. BitPesa enables small regional banks to send money internationally without the high [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":4,"featured_media":9012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[569],"tags":[914,514,177,585,586,915,400,595,347,185,262,683,913,606,916],"class_list":["post-9011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aza-news","tag-b2b-transactions","tag-banking","tag-bitcoin","tag-bitpesa","tag-blockchain","tag-correspondent-banks","tag-elizabeth-rossiello","tag-financial-services","tag-fintech","tag-foreign-exchange","tag-international-payments","tag-microfinance","tag-payment-fees","tag-sub-saharan-africa","tag-technology-integration"],"acf":[],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/9011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/comments?post=9011"}],"version-history":[{"count":0,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/9011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media\/9012"}],"wp:attachment":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media?parent=9011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/categories?post=9011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/tags?post=9011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}