REMITTANCE SYSTEM

What is a Remittance System?

A Remittance System is a financial platform or service that enables individuals or businesses to transfer money across borders or domestically, typically used for sending money from migrant workers to families back home. It facilitates fast, secure, and regulated movement of funds between senders and receivers.

Features of a Modern Remittance System

  • Multi-Currency Support

  • Mobile & Web Apps

  • KYC & AML Verification

  • Real-Time Exchange Rates

  • Instant or Scheduled Transfers

  • Digital Wallet & Bank Transfer Integration

  • Integration with SWIFT / IMPS / UPI / SEPA

  • Receipts, Reporting & Transaction History

  • AI-based Fraud Detection

  • Multilingual Support

Want to Build or Launch a Remittance Service?

  • Mobile app and dashboard UI/UX

  • API integrations (banks, wallets, KYC) 

  •  Security compliance (PCI-DSS, ISO 27001)

  •  Forex engine and transaction ledger

  •  Admin panel for monitoring and auditing