Simple Transfer presents the most cost effective & time efficient business model for cross-border payments benefitting the end users and international banks and mobile wallets receiving remittance
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With us you can set end user FX rates and fees for the end user. This means you may earn 5x to 10x FX margin plus fees. No foreign remittance company can get lower FX rate than you because you obtain it directly from your Central Bank. We empower you to take advantage of your core strength.
Global remittance companies (e.g. Wise, World Remit, Xoom etc) spend upto £50 to acquire a sender in the UK, EU or USA. Simple Transfer empowers you to acquire receivers in the receive countries (your territory) at a fraction of a cost. Our research shows it costs 10 to 50 times less to acquire a customer located in the remittance receiving regions than to acquire a sender in the West. This gives you an unfair advantage over the market competition. When you take control of customer acquisition at an extremely low cost, you can outsmart all foreign remittance competition.
You can access global remittance sending markets through Simple Transfer. We give you access to the USA, UK, EU, Canada, Australia and more to follow. Partnering with Simple Transfer means you do not have to be at the mercy of third party foreign remittance providers but take full control of your customer acquisition and remittance flow without the big cost of regulatory licensing, establishment cost & technology implementation in global markets. Simple Transfer partnership empowers you to compete at the global level.
Our state-of-the-art API based system means you can implement integration with our platform at speed and without much hassle. No need for spending resources for integrating never ending number of foreign remittance companies. In days to come save your resources as Simple Transfer may be the only integration you will need in years to come.
Simple Transfer process starts with the receiver i.e. your customer. With Simple Transfer the receiver does not need to depend on the sender to find out the status of the transaction. They can track and trace the transaction without contacting the sender whenever they want. This is done through ‘smart request’ remittance process. We enable you to call our API to implement this innovative yet simple user journey.