LiteSend is a crypto-remittance service. It aims to revolutionize the remittance industry by using the existing crypto infrastructure to move funds in an unprecedentedly fast, cheap, and secure manner.

LiteSend is a project of Electrocoin, a crypto brokerage and payments processor from Zagreb, Croatia, we invite VASPs worldwide to join our global remittance network. By collaborating, our network of payment processors can support the movement of LiteSend users' funds seamlessly.

We want to become a global remittance network offering fast, cheap, and secure transactions through cryptocurrencies. To achieve that, we are connecting VASPs from all over the world to the same web interface - LiteSend.com. By connecting VASPs worldwide on one unified web interface – LiteSend.com – and using stablecoins for cross-VASP transactions, we can significantly reduce the costs and delays associated with traditional remittance methods.

Joining the LiteSend remittance network involves several responsibilities for VASPs:

• allowing LiteSend to integrate with their on/off ramp service
• processing transactions of customers from their jurisdiction
• accepting bank transactions from customers, exchanging them to stablecoins, and sending them to other LiteSend partners
• accepting stablecoins from other LiteSend partners, exchanging them to fiat, and sending fiat to customers' bank accounts
• processing customers’ KYC
• applying AML and anti-fraud mechanisms
• promoting the LiteSend service in their jurisdictions