Hey Product Hunt! We are amazingly enthusiastic to formally launch Carsa’s account for emerging markets – Karsa.
🌍 Issue
B 1B people live in countries with more inflation, capital control, or unstable banking systems. Globally paying, saving dollars, or sending money abroad is still slow, expensive and filled with friction (or not at all!).
💸 What does Karsa do
Carsa is a mobile dollar account that makes it easy:
– Protect your savings from stable Queens from currency instability
– Get Virtual US Bank Account
– Send and receive money globally – including bank accounts including bank accounts
– And soon, spend these dollars anywhere with a visa card
⚙ How does it work
You deposit local currency → We connect you with reliable stubborn merchants → Your dollar is placed in the app → You can easily save, send them or turn them off. It is peer peer on the hood, but it feels like a modern nebank.
🔜 What is next
– Our Visa Debit Card
– Direct bank account deposits in the app
– EU Bank Integration
– US Treasury Production on your reserves
– New way to payments and remittances
We will like your thoughts, opinions, and ideas-and if you know someone who struggles to reach the dollar or cross-border payments, send them their way!
📝 Note
We live globally, but are focusing especially in Pakistan, India, Nigeria and Kenya-so after launching, most other regions will not be immediately raped. But feel free to sell yourself as a merchant status! Or you can use a virtual account feature, which does not depend on local liquidity.