• Cross-border Payments Cost Up 3x in last 10 years
• Remittances cost 7-17%
• Credit is tighter for individuals and SMEs
• Banks have less access to US dollar corresponding banking
• US Dollar payment infrastructure is very slow and unreliable
• Pandemic and wars fractured current global financial system
• Bank funds subject to seizure until proven innocent in court
• Customers have no way of tracking payments
• Crypto payments fast but more expensive than bank wires when converted to fiat
• Blockchains and real world economy not integrated
• Multinationals, with own banks, have serious advantage over rest of the economy

The Magna Wallet offers a DeFi wallet with self-custody of digital currencies
and integration with fiat bridges through partner banks. Exchange from any token to any token is provided through real-time decentralized exchange protocol. Fiat or digital currency payments run on blockchain rails and integrated into traditional payment rails.

• Integration into current banking accounts
• Direct settlement between two digital currencies

• Eliminate loss of funds due to bank bankruptcies
• Funds in the wallet fully insured my AAA global insurer
• Instant cross-border payments with global contractors & employees
• Unleash new domestic and international business opportunities
• Take new business from crypto savvy customers
• Reduce payment costs at least 3x from current banking costs
• Become competitive to multinationals that own their own banks
• Wane the business from 14% bank credit card charge back
• 10% decrease in operating capital requirements produced by real-time payments
• Full control over financial assets and payment processes
• No surprises of missing or frozen funds in the bank account
• Park assets to generate yield
• Tokenize assets and finance operations

• Multinational SMEs
• Global Trading Companies
• Trade Finance
• Importers and Exporters
• Small Governments
• NGOs
• Contractors/employees of SMEs

Token holders not only realize the benefits of the Magna ecosystem, but also share in on the various revenue streams:

• Revenue share with DeFi lending protocol partnerships
• Connectivity fees for partner financial institutions
• Interchange fees from payments on traditional rails
• Revenue share with market makers