smartRemit
smartRemit is a Financial Institution (FI)-centric cross border peer-to-peer (P2P) payments solution that allows consumers to send international money transfers from their mobile devices. SmartRemit establishes FIs as the provider of choice for P2P cross border payments and allows them to capture their share of the $650B market from non-financial institutions. smartRemit helps to ensure that the FI stays central to their customers’ financial lives. Rather than fragmenting the market with hundreds of apps, smartRemit unites the financial services community behind a single, real-time P2P payments experience for FI members and customers. FIs that onboard the smartRemit network have immediate access to 180,000+ global Cash Payout locations and 3250+ direct bank connections available in up to over 160+ countries.
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Product Details

 

SOLUTION
Global cross-border P2P payment solution
USE CASE
Peer-to-Peer (P2P cross-border)
USER INTERFACE
Mobile Device
CUSTOMER ONBOARDING/ KYC/ RISK/ COMPLIANCE
Managed by Mobetize in cooperation with FI/Telco
INTEGRATION TIME
30-60 days
F/X MANAGEMENT
Mobetize provides access to lowest F/X rates
BUSINESS MODEL
Fee + F/X set by Partner or Revenue Share
SENDING & RECIEVING CAPABILITIES
Integration Options

 

Turn-key white label solution

Mobetize hosted smartRemit Services Model

API model

Integrate the Mobetize APIs for cross-border money transfer service

Value Proposition

 

  • Enhance your Revenues

  • Leverage the Mobetize pre-integrated network infrastructure to pick up cash in over 180,000 retail agent locations

  • Quick and easy integration

  • Send money to billions of connected bank accounts