Remittance & money transfer software manages transfers of funds between companies as well as between companies and their customers. This type of software is used to securely transfer money in multiple currencies for various purposes, such as paying invoices or moving funds between different subsidiaries. Remittance & money transfer software is mainly used by finance professionals and by B2B customers to make payments online.
Remittance & money transfer software should not be confused with payment gateway software, which is used mostly in e-commerce for B2C payments. This type of software integrates with fraud protection software and anti-money laundering software for security and compliance purposes. In addition, integration with foreign exchange software is required for international transfers.
To qualify for inclusion in the Remittance & Money Transfer category, a product must:
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An informal value transfer system based on the performance and honor of a huge network of money brokers, which are primarily located in the Middle East, North Africa, the Horn of Africa, and South Asia. It is basically a parallel or alternative remittance system that exists or operates outside of, or parallel to traditional banking or financial channels.
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Money Transfer Application is a comprehensive, fully-featured and fully-supported solution that automates every aspect of your money service or Bureau de Change business and allows you to confidently offer your customers a full range of services such as local or international money remittance, bill payment, foreign currency exchange, mobile top-up, m-Wallet, branchless banking and cash delivery at home.
MTS Assist is introduced to help new and existing MSBs operate effectively in the realm of the Remittance industry. For MSBs to succeed it is vital to take results-driven actions for money transfer licenses, secure financial services, conducting internal audits, obtaining legal services, technological services, hosting services, and merchant services. MTS Assist ensures you are on the right track towards your desired goal . With over 20 years of Remittance industry experience, our experts will help you navigate, innovate, and overcome a variety of challenges associated with your MSB market. Let us help you, schedule a complementary consultation with us.
Remit Software is a Software as a Service technology service provider offering industry leading Point of Sale Service, including money transaction, lottery, and bill pay solutions. This solution delivers a secure, scalable, and resilient platform that will transform your business into a robust remittance, lottery, and bill payment operation that can scale globally and integrate into our global ecosystem of partners.
VayuPay is tailored Online Money Transfer Software designed and developed specially for start-ups, small and medium businesses. It is Comprehensive Money Transfer Software System loaded with unmatched & advance features to effectively manage your Money Transfer Business. VayuPay is web based and white labeled product and fully modifiable according to business needs.