remitone - money transfer systems

Money Transfer Solutions

EMPOWERING REMITTANCE

About RemitONE

• Founded in 2007 in London, UK

• Leading Provider of Money Transfer Solutions

• Advanced POS, Mobile & Web-based systems

• Independent Software Vendor (ISV), Software Development House & Consultancy focussing on Money Transfer Markets

• Global Presence via Resellers in Canada, Central, East & West Africa, Pakistan and Singapore

• Key Partnerships with Industry Players such as FXCompared.com (formerly SendMoneyHome.org) and Prolegal Consultants and we also work with the International Association of Money Transfer Networks (www.iamtn.org)

• Customers include leading Banks (UBA, Banco du Brasil, AB Bank, Agrani, UCB); MTOs (Kaah Express, Express Union, Masrico, Real Transfers, StarPay, Unity Link); and SMEs (Finnetec, FrankTax, Rapid Financial, SikaCash)

© 2013 RemitONE Ltd. All rights reserved.

Our USPs

• Proven web-based, end-to-end, multi-agent, multi-currency, multi-corridor money transfer management solutions enabling money services businesses and banks to empower their customers to send & receive money in a multi-channel way via Agents, ATMs, Mobile Phones, POS terminals, Prepaid Cards and the Web.

• A powerful Compliance Rules Engine making it possible for businesses to input their unique set of compliance rules specific to their regions.

• Our special relationship with key industry players.

• Exclusively Recommended Software Solutions Provider of FXCompared.com

• R1 Community is a special privilege we provide to our clients across the globe whereby we facilitate business alliances between them (our client network). This makes it possible for our clients to instantly tap into new markets upstream and downstream without unnecessary expenses in terms of time and cost.


RemitONE Remittance Solutions


RemitONE Money Transfer Software System Features

• Multiple Transfer Methods Including POS, Mobile and the Internet

• Frontend and backend integration interfaces using files, FTP and Web Service APIs

• Internal complaints management

• Advanced Security, KYC and AML Compliance

• Real time Profit/Loss Analysis

• Multiple Currency & Exchange Rate Management

• Auto-routing & Bidirectional Transactions

• Multi-lingual Support

• Auditing & Advanced Reporting

• Auto Currency Rate-Pull & Transaction Data Import

• Business Rules Management


RemitONE Agent Remittance Manager

• R1 MTMS enables Remittance Service Providers such as banks and Money Transfer Operators (MTOs) to:

• Create & manage remittance transactions

• Create & manage remitters & beneficiaries

• Set business rules, exchange rates, commissions, compliance limits, policies & procedures

• View Profit and Loss in real-time

• Create & manage multiple agents & currencies, accept transaction data from other remittance & accounting systems

• Perform KYC & AML compliance checks (OFAC, BoE, European Sanctions etc.) on remitters & beneficiaries

• Generate variety of reports, regulatory reports/Compliance reports, view audit trails etc.

• Alert remitters & beneficiaries of transaction status, promotions etc. via SMS (this is done through RemitONE MTMS being integrated with SMS Gateway)


RemitONE ARM Architecture

• Web based solution, no installation required

• Centralised data store

• Possibility to integrate with other systems such as Metrobank internal systems, third party partners systems etc.


RemitONE Infrastructure Topology

• Can be deployed in various configurations to provide:

• Load balancing

• Fail-over/redundancy

• Security

• Disaster recovery

• Scalability

• Business continuity


RemitONE Application Architecture

• MVC architecture• Multiple

interfaces:• - Agents• - Administrators• - Direct access

from senders via Internet and mobile phone

• - Web Service API• - FTP interface• Modularised


RemitONE Online Remittance Manager (R1 ORM)

• R1 ORM enables Remittance Service Providers such as banks, Telcos, MNOs and MTOs to:

• Allow customers to create remittance transactions via websites or online portals

• Debit customer account and credit their merchant account with remittance fund (this is done through integration between MRM and some Payment Gateway)

• Manage remittance transactions

• Allow customers to create & manage beneficiaries online and check transaction statuses

• Set business rules, exchange rates, commissions, compliance limits, policies

• View Profit and Loss in real-time

• Create & manage multiple currencies

• Perform KYC & AML compliance checks on remitters & beneficiaries

• Generate variety of reports, view audit trails etc.


RemitONE ORM Network Architecture


RemitONE Stats

• RemitONE’s business expanding at 300% per annum

• Over 2 million transactions (and growing) going through RemitONE systems per annum

• RemitONE platform gets an average of 30 new industry features per month

• RemitONE has clients in all continents

• Innovative & proven solutions enabling remittances via EFTPOS terminals, mobiles and ATMs

• Third party integration with delivery networks of established MTOs & Banks through FTP Integration and WebServices API

• Tap into new markets through R1 Community where RemitONE can introduce its clients to each other, giving the clients instant access to each other’s markets and grow their business. All our clients avail this service.


Advantages of using RemitONE solutions

• Allow Banks and MTOs to become ‘wholesalers’ and have their own network of send and pay-out agents instead of relying on other MTOs

• Advanced security, KYC & AML compliance

• Innovative & proven solutions enabling remittances via EFTPOS terminals, mobile and ATMs

• Simplified core accounting activities

• Seamless task automation

• Advanced remittance delivery options

• Third party integration with delivery networks of established MTOs

• Tap into new markets through R1 Community where RemitONE can introduce new clients with existing clients across global markets that are already on the RemitONE platform

• Enhanced Customer Support


Benefits

Empowered Business Entities

No longer need to rely on a select few players in the industry as you can approach and build your own network of agents by offering them your web based software

Empowered Business Users

Instant access to business critical information to deal effectively with your customer requests

Significantly Reduced Costs

Web-based solution with minimal maintenance, cost-effective all-in-one hosted solution and elimination of your labour-intensive tasks in daily operations all go towards reducing your costs

Improved Business Process Management

Monitor and manage every stage of transactions and eliminate errors through streamlined business process management via enhanced automation

Enhanced Customer Service

Offer various transfer types and delivery services as per customer convenience, provide cost-effective rates and efficiently serve your customers

Higher ROI

Ensure customer loyalty through enhanced customer service and guarantee higher returns on investment through rapid execution of operations, tasks and activities


Some of Our Customers


remitone - money transfer systems

Technology

remitone remittance

remitone mtms

money transfer operators

money services businesses

multiple transfer methods

remittance transactionscreate

remittance service providers

compliance limits