With Retreeb we rethink fee to make this act at the coronary heart of economic exchanges, a accountable act. We develop the first fee method that captures the worth produced by the money circulation to higher redistribute some of retrebo the surplus and earmark it for the funding of social and environmental projects. Retreeb commits its customers to pay 33% of the transaction charges collected by Retreeb for the funding of social and environmental tasks. “We are very happy to launch this collaboration with Treezor.
The Retreeb POS accepts cost from all of the user wallet of retreeb ecosystem. Acquired in 2019 by Societe Generale group, Treezor is the European chief in Banking-as-a-Service with a presence in France, Germany, Benelux, Italy and the Iberian Peninsula. Treezor, which has greater than one hundred prospects together with fintechs and large corporations, will ensure the off-chain financial flows generated via Retreeb’s moral payment app.
The first thing which Retreeb has done is to remove the dominance of centralized intermediaries that charge users a commission of 2.5-4% per transaction. On the Retreeb market, merchants pay a nominal fee of 0.9% to 1.5%. One third of this earnings is donated by retreeb to the social project chosen by the person issuing the transaction. This economic model is not primarily based on any direct monetary contribution from the consumer. It is simply retreeb that chooses to donate a 3rd of its revenues.
TREEB is a steady multi-asset that follows the €uro in European Union countriesand CHF in Switzerland. With TREEB you ought to buy items and companies, simply and quickly together with your cell phone, or with the retreeb card in retailer community. To check Retreeb value stay in the fiat foreign money of your choice, you should use Crypto.com’s converter characteristic within the high right corner of this page.
TREEB is a utility and governance asset for the Retreeb neighborhood, which has a set provide and variable value. It is answerable for the governance of the Retreeb ecosystem and the group. This token holds a number of vital roles in the Retreeb ecosystem. With its fastened provide and a variable value, these tokens conclude the governance of the platform by choosing which Corporate Social Responsibility initiatives are to be chosen for funding. Bringing extra ethics and solidarity within the financial system is everyone’s business. Retreeb is the first payment solution which integrates its social responsability within the heart of a sustainable enterprise model.
Based on an progressive tech infrastructure, Retreeb is an easy and safe resolution for anybody who wishes to be extra accountable in their every day consumption while contributing to reinventing the monetary system. The Franco-Swiss start-up raised $1.7 million by way of an ICO in February 2022 and can launch its options in the coming months. Retreeb is growing a really distinctive fee solution that is based mostly on two foundational pillars and is powered by a two-asset system, i.e., TREEB (Retreeb’s Stablecoin) and TREEB (retreeb’s Utility Token). The two foundational pillars of its financial mannequin are – tokenization of transactions and Free SEPA credit transfers.
Stake at least 200$ value of $TREEB tokens to be eligible for the 500$ prize. Treezor is a “Unicorn farmer” that has supported the emergence of many European fee unicorns. The fintech has chosen UNITLIFE, the UN’s global initiative to struggle inequality, as its first companion so as to finance sustainable meals methods. You hereby agree that we’re not providing our personal opinions, recommendation, or suggestions.