RemitONE partners with Volume to expand open banking payment capabilities
Integration gives RemitONE clients faster, lower-cost customer funding through secure account-to-account payments
London, 28th May 2026 — RemitONE, a leading provider of money transfer software, has partnered with Volume to bring open banking payments to RemitONE’s global network of banks, money service businesses (MSBs), and fintechs.
The integration enables RemitONE clients to offer customers a faster and more cost-effective way to fund cross-border transfers using secure account-to-account payments directly from their banking apps.
As card processing fees continue to rise and remittance providers seek better ways to improve margins and customer experience, open banking is emerging as a powerful alternative to traditional card-based funding methods.
Through the integration, customers can authorise payments securely using biometric authentication within their banking app, with transactions settling in as little as 2.5 seconds. By reducing reliance on traditional card networks, businesses can lower payment processing costs, reduce chargebacks, and improve payment conversion rates.
Open banking payments have been shown to increase conversion rates by up to 250 percent while reducing payment fees by up to three times compared to card-based methods.
Volume’s infrastructure connects businesses directly to real-time bank payment networks, helping simplify account-to-account payment acceptance for remittance providers without the complexity of managing multiple banking integrations.
For RemitONE clients, the partnership provides immediate access to open banking payment capabilities without the need for separate procurement or complex integration projects. Clients gain greater flexibility in how they accept payments, alongside improvements to customer experience, operational efficiency, and transaction success rates.
Aamer Abedi, Chief Marketing Officer, RemitONE, said:
“Our partnership with Volume reflects our commitment to continuously expanding the RemitONE ecosystem with technologies that directly address our clients’ challenges. By enabling open banking payments within our platform, we are giving our clients another powerful way to reduce payment costs, improve customer experience, and streamline the funding process.”
Simone Martinelli, CEO & Co-Founder, Volume, said:
Volume exists to be the operating system that powers how remittance businesses accept payments. Our partnership with RemitONE means their entire network — hundreds of banks, MSBs, and fintechs worldwide — can now offer their customers instant, low-cost funding through open banking. It’s a fundamentally better way to move money into the remittance corridor, and we’re excited to make it available at this scale.”
This is one of many new integrations being rolled out to give RemitONE clients greater reach, smarter efficiency, and a stronger competitive edge.
If you would like to explore how this integration could support your business, please get in touch with the RemitONE team at marketing@remitone.com.
About Volume
Volume is the business operating system for payments, a one-stop infrastructure that connects businesses directly to real-time bank payment networks. By replacing fragmented payment integrations with a single platform, Volume enables remittance providers to accept instant, secure, low-cost payments from their customers. Founded in London by ex-Worldremit execs and backed by leading investment funds Firstminute Capital and United Venture, Volume works with leading remittance platforms worldwide.
For more information, visit www.getvolume.com
About RemitONE
RemitONE is a leading provider of money transfer software, powering a global network of banks, MSBs, and fintechs with technology designed to support compliant, efficient, and scalable remittance operations. Through a growing ecosystem of integrations and partners, RemitONE helps businesses expand their reach, improve operational efficiency, and deliver better customer experiences.
For more information, visit www.remitone.com
Media Contacts
Volume: Moises Gonzalez, Head of Marketing — moises@getvolume.com
RemitONE: Aamer Abedi, Chief Marketing Officer — marketing@remitone.com
If you’d like to activate or explore how this integration can help your business growth then book a free call or get in touch with us at marketing@remitone.com. This is just one of the many new integrations we’re rolling out to give our clients greater reach, smarter efficiency and a stronger competitive edge. So, stay tuned for more exciting updates.
Webinar Replay: Unlock More Value from Every Remittance Transaction
Remittances are evolving, and growth is no longer just about moving money.
In our recent 30-minute webinar, we explored how leading providers are unlocking value around each transaction to drive smarter growth.
Here’s what you’ll discover:
- Faster account-to-account payment initiation using open banking.
- Prepaid cards give receivers faster access to funds and greater flexibility for everyday and online spend.
- Simple, convenience-led services such as travel eSIMs that strengthen customer loyalty.
- Broader and more reliable payout options across key corridors.
Watch to see how these capabilities can be introduced without adding operational complexity or risk, all through a single, production-ready platform.
Your flows might be performing today, but as others introduce value-added services around the transaction, it’s only a matter of time before your customers move to them.
If you’d like to see how these strategies could work for your business, our team is happy to walk you through practical next steps and explore how to tailor them to your existing operations. You can book a call here:
Meet RemitONE team in Riyadh, Saudi Arabia: Unlock AI-powered growth
We’re heading to the Money20/20 event in Saudi Arabia to connect with ambitious businesses looking to scale. Aamer Abedi, our CMO, Oussama Kseibati, Head of Business Solutions, along with our partner Anwar Al Murshed from DTCC, will be in Riyadh 15th – 19th, September to explore cross-border payment opportunities with our AI, open banking and blockchain solutions.
Whether you’re expanding into sending markets like the UK and Europe or navigating complex compliance demands, our AI-powered solution can help you grow and unlock new revenue.
We provide the building blocks to future-proof your operations, even if remittances aren’t your core offering, with tools such as:
- Automated KYC/AML
- Scalable payout infrastructure to new sending markets
- Value-added services including airtime, top-ups and utility bill payments
To arrange a place and time, please email us at: marketing@remitone.com
About RemitONE
RemitONE is an award-winning, leading provider of money transfer software solutions for banks, telcos, and money transfer operators (MTOs) worldwide. With multi-channel access, including agent networks, online, and mobile, RemitONE empowers organisations to streamline and scale their remittance operations.
Interview with Sid Gautam, Senior Vice President, Flutterwave | IPR Global 2023
We sat down with Sid Gautam from Flutterwave during our IPR Global event, to find out the key challenges and current state of Open Banking and payment processing in Africa, along with the benefits of attending the IPR Global event.
Sid specialises in embedded finance and cross-border payments within CeFi and DeFi domains. Over the years, Sid has managed to grow early-stage and growth businesses to realise their full potential across EMEA and APAC. His area of expertise includes new business development across the length and breadth of the enterprise organisations, alliances, defining go-to-market strategies as well as leading and scaling high-performance business development teams across geographies with a customer-centric approach.
Watch the interview for his expert insights.
Interview with David Lambert, from Paycross | IPR Global 2023
We sat down with David, CEO of Paycross during our Innovation in Payments and Remittances (IPR) Global event, to share his views on open banking, payment processing and much more.
David is a seasoned payments professional with a rich background spanning 12 years in the industry. His expertise encompasses card payment processing, cross-border payments, open banking, and transaction data analytics, with a specialised focus on the remittance sector.
Watch the full video to find out his thoughts.
Payments Rewired: Blockchain’s Impact on Remittances | IPR Global 2023
In this instalment, we traverse the corridors of Open Banking’s impact on cross-border remittances, harnessing AI’s potential for efficiency, and navigating the realm of blockchain-based solutions. Buckle up for an insightful session through the dynamic intersection of finance, technology, and innovation.
Moderator
- Lindsay Lehr, Managing Director, PCMI
Panellists:
- Walter D’Cruz, Director, Moneo Solutions
- Sukhi Srivatsan, Head of Account Management, AZA Finance
- David Lambert, CEO, Paycross
How does open banking facilitate cross-border remittances and interoperability between financial institutions?
Let’s first understand what open banking is before diving in. David summarises it as an instant domestic bank transfer system. This essentially allows third-party entities access to users’ financial data via APIs, enabling them to make payments on behalf of the user. Walter expanded on this, emphasising how real-time payments and data exchange are subsets of open banking. He highlighted the challenge it poses to direct debit and recurring payments, especially in merchant-initiated transactions.
David also shed light on Open Banking’s potential as an alternative payment method by making instant payments by just scanning QR codes; however, he notes its limited spread in the market. Drawing parallels with established systems like PayPal or Apple Pay, he stressed the need for better branding and consumer familiarity to propel Open Banking into a mainstream payment method. Moreover, the discussion linked Open Banking to Central Bank Digital Currencies (CBDCs), foreseeing their role in accelerating international payment rails for faster digital currency. However, concerns were raised about CBDCs being entirely under central banking control, prompting potential government involvement due to public apprehension.
How can AI be leveraged to enhance the accuracy of remittance transactions and improve the user experience?
Sukhi highlighted critical pain points faced at AZA Finance when it came to liquidity projection and forecasting for their clients. Addressing the need to ensure sufficient currency availability at the right time and place without inflating costs for clients. To tackle this, they created an internal model that utilised historical client data to predict future growth patterns, aiding in better preparation for customer demands and enabling proactive measures such as potentially offering increased liquidity when moving to new markets.
However, David expressed scepticism about the reliability of predictive AI for precise forecasting. He highlighted the limitations of AI, emphasising its dependence on the data it’s fed and its inability to independently form entirely accurate projections due to various external factors influencing trends. He believed AI must be heavily controlled, such as by setting rule parameters and cautious utilisation, to prevent misleading or inaccurate predictions.
Acknowledging this, Sukhi agreed that human involvement was crucial. While AI forecasts might not be pinpoint accurate, they allow for better-informed decisions.
Walter countered common fears around AI. He emphasised AI’s role in expediting data analysis by enabling quicker translation of data into actionable insights, thereby saving time and effort. Walter advocated for a practical approach, distancing from rigid rule parameters, which is especially beneficial for small to medium-sized enterprises (SMEs) that often struggle with sourcing and analysing multiple data sources to make informed decisions. This flexibility allows smaller businesses to compete and innovate alongside industry giants.
What are some real-world examples of successful blockchain-based remittance solutions?
Walter sees blockchain as a global equaliser capable of transferring value across boundaries in real time. However, he underscores the importance of recognising blockchain independently from central bank digital currencies (CBDCs) and cryptocurrencies, as they still involve inherent complexities like exchange rates and associated costs. However, the challenge of decentralisation may be difficult for society to embrace.
David, on the other hand, points out a fundamental issue: the persisting limitations in the speed of money movement due to technological and regulatory barriers. He notes that blockchain doesn’t inherently address this challenge, especially with governments increasingly advocating for CBDCs, which introduces another layer of complexity and opposition.
Furthering the conversation, Walter delves into the intricacies of technological efficiency. He cites an example of banks implementing cheque scanners to streamline verification processes, yet this technological enhancement didn’t significantly impact on the time taken for the money to be deposited into bank accounts. This prompts doubts about the effectiveness of new technologies in speeding up financial transactions. There is the possibility for a potential paradigm shift if major retailers, such as Amazon, embed cryptocurrencies. There is also an opportunity for the adoption of blockchain within the remittance industry; however, there needs to be collaboration among stakeholders to lay down a functional framework and process. This collective effort is crucial to overcome the hurdles and ensure a more meaningful integration of this technology into the financial landscape.
What next?
At RemitONE, our commitment is to provide you with cutting-edge technology, compliance solutions, and expert guidance to navigate the ever-evolving landscape of remittances. Whether you’re just starting out or looking to scale your business, we’ve got you covered.
Want to see how RemitONE can elevate your business? Book a free consultation with our experts today!
