KlickEx: Difference between revisions
m Added in the reference from the Central Bank of Tonga, noting KlickEx is a payment systems partner for Central Banks. Updating some of the other paragraphs which seem to be quasi sarcastic references to hawala systems. |
m Moved the reference [2] of the National Reserve Bank of Tonga, from the word "Bank" to "Money" in 'central bank money' to improve readability |
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'''KlickEx''' is a [[Polynesia]]n Central Bank<ref>{{Cite web|title=Reserve Bank conducted technical training on Tonga National Payment System - National Reserve Bank of Tonga|url=http://www.reservebank.to/index.php/136-news/2020/press-release/877-reserve-bank-conducted-technical-training-on-tonga-national-payment-system.html|access-date=2021-11-14|website=www.reservebank.to}}</ref> | '''KlickEx''' is a [[Polynesia]]n Central Bank Money<ref>{{Cite web|title=Reserve Bank conducted technical training on Tonga National Payment System - National Reserve Bank of Tonga|url=http://www.reservebank.to/index.php/136-news/2020/press-release/877-reserve-bank-conducted-technical-training-on-tonga-national-payment-system.html|access-date=2021-11-14|website=www.reservebank.to}}</ref> payments system for domestic, high value, low value, securities, cheque, and electronic [[Foreign exchange market|foreign exchange]] transactions using an [[Interbank foreign exchange market|interbank]] [[smart market]] retail system. It provides exchange [[Clearing (finance)|clearing]] service platforms to central bank, commercial bank, nonbank, and non-financial clients in the [[Pacific Islands]], also providing a guaranteed fund, net settlement, retail servicing to mobile money operations across the region<ref>{{Cite web|date=2017-10-27|title=Financial inclusion & Mobile Money in the Pacific|url=https://klickex.org/financial-inclusion-mobile-money-in-the-pacific/|access-date=2021-11-14|website=KlickEx|language=en-US}}</ref>, avoiding the usual foreign transfer delays, fees and [[Bid–offer spread|spreads]] by matching up individuals (and institutions) or central-bank-settling payments to and from the islands. | ||
Payments can be made between the Pacific Islands and Australia, New Zealand, and Europe.<ref>http://www.klickex.org/</ref> The system also allows users to transfer directly to [[Mobile payment|mobile wallets]],<ref>{{cite news|last=Fletcher|first=Hamish|title=Tech firm scores Pacific money transfer deal|url=http://www.nzherald.co.nz/connect/news/article.cfm?c_id=1501833&objectid=10757041|accessdate=31 August 2013|newspaper=[[The New Zealand Herald]]|date=7 October 2011}}</ref> and Bank accounts. | Payments can be made between the Pacific Islands and Australia, New Zealand, and Europe.<ref>http://www.klickex.org/</ref> The system also allows users to transfer directly to [[Mobile payment|mobile wallets]],<ref>{{cite news|last=Fletcher|first=Hamish|title=Tech firm scores Pacific money transfer deal|url=http://www.nzherald.co.nz/connect/news/article.cfm?c_id=1501833&objectid=10757041|accessdate=31 August 2013|newspaper=[[The New Zealand Herald]]|date=7 October 2011}}</ref> and Bank accounts. | ||