RemitONE has introduced Business Payments, a new service that helps Money Transfer Operators (MTOs), fintechs and payment institutions bring settlement volume together, access better FX rates, fund payment partners and manage settlement through the same RemitONE interface they already use to manage their money transfer operations and customer transactions. 

For MTOs, settlement costs can have a direct impact on profitability. Every FX spread, transfer fee and settlement charge affects margin. When settlement activity is spread across multiple providers, operators may have less buying power, weaker rate negotiation and more fragmented reconciliation workflows. 

RemitONE Business Payments helps bring settlement activity into the RemitONE workflow clients already use every day. By aggregating volume, MTOs can improve access to competitive FX rates, fund payment partners and track settlement activity from the same RemitONE interface.

With RemitONE Business Payments, clients can: 

• Combine settlement volume across currencies, corridors and payment partners. 

• Access more competitive FX rates by bringing higher combined volumes through one workflow. 

• Fund payment partners, suppliers or vendors through one process. 

• Track settlement status including funding activity, settlement timelines and reconciliation records. 

• Manage operations and settlement from the same RemitONE interface used for customer transactions, FX, payment partner funding and reconciliation.

The service is designed to support shorter settlement cycles, competitive FX rates, supported currencies and payment rails, and easier reconciliation for reporting and audit preparation. 

RemitONE’s global payment network supports 190+ countries and 150+ currencies across key remittance markets. The platform also offers API connectivity and is backed by more than 20 years of payments experience. 

Ready to reduce settlement costs? 

Speak to the RemitONE team about accessing competitive FX rates, funding payment partners, tracking settlement timelines and managing reconciliation through the same RemitONE interface your teams already use to manage customer transactions. 

Aggregate volume. Access better FX. Fund payment partners. Manage settlement and run your money transfer operations, all from a single interface. 

To find out more, contact  marketing@remitone.com or book a quick call with our team using the calendar below.