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International Remittance Services
Objectives
To enable cost-effective and secure cross-border money transfers for individuals and businesses.
Challenges
High remittance costs with traditional banking systems.
Lack of real-time tracking
for cross-border payments.
Solutions
An international remittance platform was developed with the following features:
Real-time exchange rate updates.
Low-cost transactions using digital payment rails.
Multi-channel access, including mobile apps and USSD.
Key Features
Real-time exchange rate updates.
Low-cost transactions using digital payment rails.
Multi-channel access, including mobile apps and USSD.
Outcomes
Processed $50M+ in remittances in the first year.
25% reduction in average transaction fees.
Enhanced trust through transparent and fast transactions.