Largest MTO from Lebanon Masrico Adopts the RemitONE Platform June 29, 2012
As one of the largest MTOs in Lebanon, Masrico work with established banks in the Middle-East, Europe and the Americas and have adopted RemitONE’s money transfer platform to drive remittances home.
Masrico, one of the largest and most trusted MTOs in Lebanon specialising in international remittances to Lebanon, have signed up with RemitONE to use the industry leading RemitONE Money Transfer Management System (R1 MTMS) for their global money transfer operations. Being the Delivery Partner of choice for all banks and MTOs sending money to Lebanon, Masrico required a robust, secure and feature-rich remittance solution that could allow their agents to communicate effectively via a common platform and flexibly integrate with third-party systems of banks and MTOs worldwide.
Masrico also plan to utilise RemitONE’s ‘R1 Community’ scheme to connect with RemitONE clients in new markets.
Mr Majd El-Masri, Deputy Managing Director, Masrico, commented,
“I am really pleased to be working with RemitONE. They have a credible name, a fantastic product and a great team of professionals. I look forward to working with RemitONE to provide convenient remittance services at affordable rates to our valued customers around the world.”
Mr Aamer Abedi, Director of Marketing, RemitONE, said,
“We are very pleased to be working with a respected client like Masrico and we really value our special relationship. I envisage great synergy and cooperation between Masrico and RemitONE as both companies pay special emphasis on innovation to deliver enhanced customer services. We look forward to a long term relationship.”
Related Posts
-

Upcoming Webinar: How Remittance Providers Can Unlock More Value From Every Transaction
Remittances is no longer just about sending money. Today’s remittance providers are under pressure to do more with every transaction, move faster, open new corridors,…
January 28, 2026 -

Update: Integrated PEP & Sanctions Lookup Checks
From 1 March 2026, we will introduce an integrated screening service that covers both sanctions and PEPs lookup checks for each transaction on the…
January 27, 2026 -

Cross-Border Payments AI-Powered Fraud Detection – Staying Ahead of Risk in 2026
Fraud in cross-border payments is evolving fast. Criminals are quick to exploit new technologies, leaving legacy systems struggling to keep up. For money service businesses (MSBs),…
December 3, 2025 -

RemitONE x LimitFlex: Powering Global Connectivity through eSIMs
The global eSIM market is expected to reach approximately $11.98 billion in 2025, representing an 85%…
October 23, 2025 -

Upcoming Webinar: AI in Cross-Border Payments – Winning Customer Loyalty and Cutting Fraud
Only 16% of cross-border payment customers stay loyal to the same provider. That means most are just one bad experience…
October 23, 2025 -

Meet RemitONE at Singapore Fintech Festival to Explore AI-Driven Cross-Border Payment Solutions
We’re heading to the Singapore Fintech Festival, 12th – 14th November, to connect with businesses looking to scale. Oussama Kseibati,…
October 23, 2025