About 2 years ago I was fascinated by fintech revolution in banking sector. I have seen very high fees for businesses using online payment option or debit/credit card devices in their shops. The other important thing is that people in my country should pay additional fee ranging from 0.21 to 0.30 EUR as transaction fee. It is way to high and I think that new business could improve the situation. My idea is to start a new company firstly concentrated on local market in my country as limited license, issued by central bank, doesn't allow to do business in other EU or non EU countries. The environment for new startups is very good in my country, so it is the right time to start. I'm thinking if Stellar can help us in this case? Could it reduce costs for internal payments in EUR (businesses and individuals)? Later I think that we should expand this idea to fully functional bank using blockchain technology powered by Stellar network.
Thank you for any suggestions!