Background

Stellar is a distributed, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.

Features

• Remittances: Send money across borders quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies.

• Micropayments: Increase efficiency and decrease the cost of smaller transfers. Offer incremental payment options to your customers.

• Mobile Branches: Get an agency banking advantage with mobile branches. Expand your retail operation, without the overhead costs.

• Mobile Money: Make mobile money platforms interoperable. Let your customers send MM to recipients with different providers.

• Services for the underbanked: Stellar cuts costs so you can bank new customers. Reach the base of the pyramid with low-cost accounts, loans, and microsavings.

Functions

• THE FUTURE OF BANKING IS HERE: Send money across borders quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies.

• CUSTOMIZABLE PAYMENTS INFRASTRUCTURE: Transactions on the decentralized Stellar network resolve in 2-5 seconds; Get started on the network quickly with developer-friendly software and tools.

• FINANCE WITH A MISSION: With a team of top technology and finance professionals, the nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential.