Categories
- License, Bank Account & Regulation
- Compliance
- Expanding your send and payout network
- Mobile apps & online
- Integration With Other Banks and MTOs
- Value-Add Services
- Software Platform
- Pricing Models
- System Security & Disaster Recovery
- Business Continuity
- Other
FAQ:Software Platform
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How do the pre-funding and post funding processes work?
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How does the money move from one end to another in the RemitONE system?
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Do I really need a system to manage my money transfer business? Why do I need a system if I can work with spread-sheets?
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I want to set up my own money transfer business. What steps must I take to become operational at the earliest?
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How much time does it take for RemitONE to setup my remittance software?
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How does the money move from one end to another in the RemitONE platform?
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How do the pre funding and post funding processes work?
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How does the RemitONE platform handle exchange rates?
What others say
RemitONE’s platform is robust, easy to use, and at the same time affordable. The system does not require rigorous training or technical skills. We make bold to say that procurement of RemitONE revolutionised the profitability of Africash as the product has recorded huge in crease in profitability. The product moved from a nominal product to one of the bank’s flagship products since the introduction of the platform due to the improvement it brought in the areas of swift transaction processing and quality of service. In fact, all staff have become ambassadors for Africash due to the efficiency of the system. Riding on RemitONE, Africash has turned loss making and low performing offices to super profit business offices in the bank. Income made in the first year of RemitONE deployment has exceeded the past 4 years income.
Nkiru Udechukwu, Product Manager
United Bank for Africa
As part of our global expansion strategy, we wanted to have a robust money transfer platform that is easy to configure and deploy to enter into the new markets faster while having a solution that can offer both online as well as agent based money transfer modules. RemitONE has provided the right platform that matched our expectations and enabled us to obtain the license from FCA in the UK within a very short period of time
Ibrahim Muhammad, Director
Al Fardan Exchange Limited UK
The RemitONE platform has been built to meet the needs of all types of banks and money transfer operators. It has been developed with a thorough understanding of the remittance market and therefore addresses the specific needs of the industry – this contrasts with a number of other systems which are really adjusted banking systems and are not appropriate for remittance operations. The RemitONE platform is appropriate for businesses around the world and is particularly strong for managing agent networks and compliance.
Leon Isaacs, Managing Director
Developing Markets Associates