The Dhaka Times Desk 'Believe' is a service transaction site without money. Instead of debit or credit cards, users of Brazilian Internet-based start-up 'Believe' make transactions through 'Time Money'.
'Believe', the new site for service transactions without money. Instead of debit or credit cards, users of Brazilian Internet-based start-up 'Believe' make transactions through 'Time Money'.
On this site, when users serve others according to their skills, 'time money' is credited to their account as of that time. Then according to his needs that user can get the necessary services in exchange of his accumulated 'time money'. It does not require any currency like dollar, euro or Brazilian real.
According to BBC News, the site has more than 100,000 users in Brazil. About 90 thousand different types of services will be available through this. Which is more than any other service transaction site. The site offers everything from guitar lessons, broken air conditioner repairs, and even tarot card fortune telling services.
Note that the biggest advantage of this type of transaction is that since there is no financial transaction, users do not have to pay tax. That's why this company is gaining popularity.
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