Local & International Money Transfer

    Tap into the fast-growing multi-billion dollar remittance market to add more convenience to your customers’ lives and more profits to your business.

    Money Transfer Application has all the features you will ever need to run a professional, compliant, streamlined, scalable and highly profitable local and international money transfer and payment service.

    Over $500 billion is transferred around the world annually. Let Money Transfer Application’s comprehensive and robust online, in-store, phone, and mobile payment system help you to set up and streamline your local and international money transfer services.

    REMITTANCE IS IMPORTANT BUSINESS

    Remittance or money transfers are transactions usually done between friends and family in different countries, for personal use, but can also include to and from businesses. They are most commonly carried out by foreign workers sending money home to family members.

    Remittance can also involve paying utility, insurance and mobile phone bills, as well as cash delivery at home. Sometimes people send money to themselves if they have a mobile phone or bank account overseas.

    The international remittance market is driven by expanding international migration. People who migrate with the intention of sending earnings back to their families need to be able to rely on a convenient, efficient, fast and cost-effective service.

    In 2013, international migrants comprised about 3.2% of the world population, compared to 2.9% in 1990 and migrants signify a huge and fast-growing customer base for the worldwide remittance industry.

    Surprisingly, the local money remittance market has an even larger annual spend than the international market. People in developing areas depend heavily on money transfer services for their financial needs and daily living.

    COMPLIANCE

    As the remittance industry has grown, the financial, Anti-Money Laundering (AML) and Know Your Customer regulations have tightened, making it more difficult for money service businesses to operate a water-tight remittance service that is both operationally efficient and compliant with the regulations.

    That’s where Money Transfer Application comes in. We make it easy for you to cover all bases when offering a money transfer service to your customers.

    MONEY DISTRIBUTION AT THE HEART OF WHAT WE DO

    MTA provides a simple payment ledger that tracks accounts and balances of each payment party. The ledger engine maintains a shared record of all the accounts and balances that power a real time settlement infrastructure with tracking capabilities. This enables us to create an effective and flexible money distribution chain.

    MTA ENABLES MONEY TRANSFER IN 3 EASY STEPS

    Money Transfer Application has all the features you will ever need to run a professional, compliant, streamlined, scalable and highly profitable money transfer service.

    Whilst the back-end system is incredibly comprehensive and powerful – enabling you to run many types of accounting, compliance and KYC reports and security features – on the front end, your customer is presented with three simple steps to complete their transaction:

    OR

    BUMP & PAY TECHNOLOGY

    Bump & Pay technology is a feature in the app that enables the 3 steps above to be transmitted automatically, using near field communicaiton (NFC) technology to transmit data between two devices.

    MTA is the perfect solution for running your money transfer and remittance business.

     

    SEE THE FULL LIST OF MONEY TRANSFER APPLICATION
    REMITTANCE FEATURES HERE.

    CONTACT US TODAY TO START YOUR 5-DAY FREE TRIAL OF MONEY TRANSFER APPLICATION.