The RemitONE EcoSystem
To get you going and keep you growing
Our money transfer software and ecosystem quickly connect you with major supply chain members in the remittance industry, giving you the perfect environment to get your business going instantly and grow it rapidly.
Getting your remittance business up and running can be tricky enough. By providing a unique blend of technology, services and established business networks we allow you to focus on the other important things such as strategy, customer acquisition and your people. Where time to market is important, we help you achieve it.
Gets you ready to start trading sooner
Whether you’re a start-up or existing money service business (MSB) seeking an MSB license and remittance bank account in a new country, we will expertly help you through the maze of regulatory hurdles to get you up and running as quickly as possible. We can help you successfully acquire MSB licenses - both for payment institution and electronic money - in the UK and Europe.
Having the correct licensing in place is critical, and regulators don’t always make it straightforward! We work with consulting partners specialising in licensing and compliance to provide with the best advice at affordable prices.
Not only that, we offer a range of related services including merchant and remittance bank account provisioning, ecosystem of our clients and partners and professional services covering technology and advisory services on crypto currency, SWIFT, foreign exchange, AML, CFT policies and pre-paid cards.
Money Transfer Platform (MTP)
We’ve taken away the complexity
Whatever scale of operation you may have, we offer everything you need to run your money transfer business. Our platform provides the most trusted solution for online remittance, remittance through agents and mobile agents and for managing customers and compliance.
Our approach is to provide the core engine and compliance management that all remittance businesses need. These can be configured through the Business Rules Engine to make them market or offering specific. This eliminates the complexity of building, maintaining and hosting a solution. In addition we offer further modules that match your go-to market and distribution strategies. In this way our technology suits every type of provider in the market – from start-ups to the largest of enterprises.
Fast track your business growth
Provides instant access to new markets and our impressive network of banks, MTOs and Telcos in over 100 countries, providing you with an instant business community that would take months and years to build yourselves.
Tapping into our impressive network of remittance operators will allow you to overcome one of the biggest barriers to entering the market – that of finding, selecting and entering a commercial arrangement with your business partners quickly. Our Connections service fast-tracks that process and gets you to where you need to be much sooner.
To prevent hiccups becoming hurdles
Interruptions to your service can happen from time to time. Expert support from our team of engineers will quickly identify where the problem resides and bring it to a swift resolution allowing you to continue to keep your business running smoothly.
Even though we’re providing a service with very high availability, you still need effective support in place. Things can go wrong from time to time and you’ll want to minimise any user downtime. The likelihood is that any breaks in service will occur in the weaker parts of your technology infrastructure (for example when using smartphones) and these can be difficult to pin-point. Whilst in the apps market support is often an after-thought or non existent, at RemitONE we take an old fashioned approach of having a properly skilled support team to get you to a resolution quickly.
What Others Say
We implemented RemitONE in UBA for 18 countries. We had a short implementation timeline and a couple of customization and integration with our core system and other solutions. The timeline for completion was very aggressive, but with the relentless support of RemitONE staff and management we were able to go live on time, within cost and the solution surpassed its proposed benefits. I need to mention that the implementation and post go – live were all done remotely; this speaks to the flexibility and agility of the solution and the adaptability of the RemitONE implementation team.
Lanre Bamisebi , CIO
United Bank for Africa
Every successful business needs reliable technology. Within a very short span of time, Daytona Capital Management has risen to provide money transfer services to over 30 countries. This could not have been possible without the support and ‘technological backbone’ provided to us by RemitONE.
Mr Sohail Nizami, Executive Director
Daytona Capital Management, UK
RemitONE’s platform is robust, easy to use, dogged 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