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Thunes to acquire payments platform Tilia LLC


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3 hours ago, Rowan Amore said:

 

I'm not saying Tilia is a bank in any way but the money in your Tilia account IS real money just like in a bank. 

If you have money in your PayPal account (from Tilia transfer) and the bill you wish to pay does not accept PayPal, you then need to transfer that money to your bank account. PayPal charges a fee for instant transfers.  With Thunes, we should be able.to move the USD balance directly to our bank account.  It's the same money as before just without the PayPal/skrill middleman.

It's more like credits when it's in your tilla account.

When it leaves your tilla accout it becomes taxable income.

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