Powered by ChatBank & BlockLynkChatRemit

Powered by ChatBank & BlockLynk

Payments Made SocialPayments Made Easy

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ChatRemit The ChatRemit program is a cardless mobile payments solution utilizing social media messenger ‘ChatBots’, Blockchain Technology, and existing banking network infrastructure as a convenient and cost effective payments delivery channel. payments delivery channel. The ChatRemit solution enables person-to-person money transfers and one-to-many disbursements. Verticals include, but are not limited to banks, money remittance services, government agencies, insurance providers, corporate disbursement programs, charities, and disaster relief organizations.

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ChatRemit The ChatRemit virtual accounts can be prepaid with a single load for one time use or they can be linked to direct deposit accounts and prepaid general purpose reloadable debit card accounts. All sources of funds are verified and deposited in the depository escrow account of the sponsoring bank in a prepaid access ‘Good Funds’ model. ChatRemit cross border transactions are routed and the funds settled according to existing remittance interbank settlement correspondent bank relationships.

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ChatRemit ChatRemit integrates a powerful set of technologies into a single platform that creates an Omni-channel payments ecosystem that incorporates social media messenger channels and blockchaintechnology with established banking payment infrastructure. By harnessing the power of a ‘ChatBot’ messaging mobile By harnessing the power of a ‘ChatBot’ messaging mobile interface and decentralized distributed blockchain networks, ChatRemit will revolutionize how people send and receive money. Whether in Person-to-Person (P2P) remittances, Consumer-to-Business (C2B) payments or Business-to-Consumer (B2C) funds disbursements. BlockLink Gateway service delivers a Frictionless, Anonymous, Secure, Transparent (FAST) transaction platform that is a game-changer for Omni-channel payments.

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Regulatory Compliance A bank or financial application provider can hold an identifier that confirms their status for business, regulatory status, and available products. An end-user customer is connected to subscribed An end-user customer is connected to subscribed financial application providers and has a store of information regarding their identity, country-of-residence, and other important regulatory information. There is a token used to pass a message from financial player to financial player that informs each party of a user-initiated money transfer.

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Remittance Funds FlowReal-Time Money Transfer

USD FXEncrypted Token

ChatRemitChatBotWallet App

Standard Interbank Escrow Account Settlement

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