[chralieboy]

Your title is highly misleading.

> Out of the $585 billion remittance market, an estimated 10%-20% is used solely for bill payments.

If there are $585 billion in remittances made, your market is not $1 trillion. It also isn't $585 billion. If you captured 100% of the market, you'd have to be charging a 100% fee for your market to actually be that large.

This isn't limited to you, but don't inflate your market size to look better. It only shows an insecurity and lack of genuine business knowledge.

I know this is harsh, but it will help you in the long run.

P.S.

You submitted the same story six hours ago. Don't worry about Hacker News, go back to building your business.