Alternet Systems launches AFS, proposes digital bank initiative

Tuesday 6 May 2014 11:01 CET | News

Alternet Systems, a digital currency and mobile commerce services company, has launched the Alternet Financial Solutions (AFS) service. In addition, the company has come up with a proposal for a digital bank initiative, reports.

AFS includes a “multi-asset” credit and debit cards which allow currency conversion between digital and fiat currencies, merchant acquisition solutions, and digital currency exchange.

These services will be open to already existing digital currencies such as Bitcoin, Dogecoin, and others. AFS will first be launching in the Caribbean and Latin America, but has plans to expand to Africa and Eastern Europe.

The company’s Digital Bank initiative, concomitant with the launch of AFS, will allow for an outlook to digital currency usage, especially with the debit and credit cards.

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Keywords: Alternet Systems, AFS, digital bank initiative, online payments, digital currency, credit card, debit card
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce