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According to the World Bank, recorded remittances sent home by migrants from developing countries exceeded $200 billion. Remittance, a form of mobile payments, provides a mechanism to exchange transactions between mobile subscribers. Whether the mobile subscriber is remitting a taxi fare to their child across the city or a migrant worker is remitting their monthly wages to their friends and family abroad via their mobile, the platform delivering the end to end solution must ensure the completion of the transaction with no margin of error.
Key Benefits:
- Generate new revenues by being involved in all transactions
- Minimize security concerns from a platform that provides complete traceability of the end-to-end transaction
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