Revolutionize Your Money Transfer Business with Remitz’s Advanced Remittance Software Features

In today’s fast-paced financial landscape, running a successful money transfer business requires cutting-edge technology and seamless operations. At Remitz, we provide a robust money transfer software solution designed to streamline your remittance processes, enhance customer satisfaction, and boost your business growth. Our remittance software features are tailored to meet the unique needs of your money transfer business, ensuring efficiency, security, and scalability.

Getting Started and Growing with Remittance Software

Whether you’re a small-scale operation or a large-scale facility, our money transfer platform removes complexity and delivers trusted solutions. Our money transfer software integrates various payment methods, including card payments, bank transfers, and mobile wallets, to enhance user experience and ensure smooth transaction processing. Adhering to Anti-Money Laundering (AML) regulations is crucial, and our platform ensures secure and compliant transactions.

Self-Service Money Transfer Software

With our online money transfer service, you can rapidly grow transaction volumes. Customers can easily and securely transfer funds online through quick registrations via mobile or laptop browsers, complete with KYC and AML compliance checks. Our cloud-based money transfer software transforms your business by offering integration, web enhancements, and brand elements. The ability to transact from home enhances customer satisfaction, and remitters can create their own set of beneficiaries and transactions.

Agent/Branch-Based Money Transfer Software<

Our agent-based money transfer software allows transactions to be conducted over the counter. The cloud-based money transfer platform provides smart technology that overcomes hurdles, enabling easy transactions from agent locations and precise monitoring of agents and their accounts. This solution transforms your money transfer business, enhancing customer convenience while ensuring KYC and AML compliance.

Stay Compliant with Compliance, AML, and KYC

Our money transfer software solution enforces rules in real-time, seamlessly incorporating critical components like business and AML rules, along with KYC verification. Key features include:

  • Automated KYC: Flagging potential matches to OFAC, UNSC 1267, EU, and HMRC lists.
  • Archive Compliance Business Intelligence: Auditing all transaction information.
  • Upload KYC Documents: Store soft copies of KYC documents for each customer.

Usage Made Easy

Our money transfer software solution offers stunning user interfaces for an exceptional customer experience. Agents can upload, create, edit, and retrieve infinite customer details with ease, including:

  • Managing customer accounts.
  • Uploading ID proofs.
  • Activating or deactivating users.
  • Enabling customers to transfer funds quickly and securely.

Data Management, Reporting & Analytics

Simplify and streamline your reporting with Remitz. Our money transfer software solution helps you better understand and improve operations and customer relationships through:

  • Data analysis using dashboards.
  • Reports on transactional activity by payment type.
  • Creation and maintenance of customer data.
  • Access to historical data for analysis.

Secure Your Website/Portal and Data

Security is a top priority for your money transfer business. Our platform provides robust and reliable security features, including:

  • Higher-level encryption for transactions.
  • IP address restrictions for access control.
  • SSL installation for secure data transmission.
  • Enforcement of strong password policies.

Access Anywhere

Our money transfer software is accessible from anywhere using our mobile apps for Android and iOS, as well as all popular web browsers. This ensures flexibility and convenience for both you and your customers.

Unparalleled Technical Support

Our experienced technical experts provide extended support to help you optimize the use of our money transfer software solution. We offer:

  • Effective after-sales support and maintenance.
  • Assured service and reliability.
  • SSL installation for secure data transmission.
  • Class-leading technical support and instructional videos.

User Creation and Management

Our platform simplifies user creation and management with features like:

  • User Sign-Up: Quick registration with minimal fields.
  • Email and Mobile Verification: OTP-based verification for security.
  • Personal Details: Full personal details and KYC document storage.
  • Two-Factor Authentication (2FA): Enhanced login security with OTP.

Fee and Exchange Rate Management

Efficiently manage fees and exchange rates with our money transfer software:

  • Service and Collection Fees: Set fees based on corridors and payment types.
  • Exchange Rate Management: Real-time exchange rate updates for accurate transactions.

Settings and Customization

Customize your platform to fit your money transfer business needs:

  • Email and SMS Templates: Tailor communication for your customers.
  • Promotions: Create and manage promotional offers.
  • Role-Based Logins: Assign roles and permissions for secure access.

Reports and Compliance

Our platform provides comprehensive reporting and compliance tools:

  • Access Logs: Track login activities by IP address.
  • Audit Trails: Monitor edits and access by staff members.
  • Ledger and Profit/Loss Reports: Manage transactions and track profitability.
  • Compliance Rules: Set velocity rules, AML limits, and transaction day limits.

Transaction Management

Efficiently manage all transactions with our money transfer software:

  • Transaction List:View and filter all transactions.
  • Download Options:Export transaction data in CSV or PDF formats.
  • 3rd Party API Integration:Integrate with email, SMS, and payout APIs for seamless operations.

Set Up and Agent Management

Our platform simplifies setup and agent management:

  • Branch and Agent Creation: Add new branches and agents with ease.
  • Agent Mapping: Map send and receive agents for smooth transactions.
  • Revenue Percentage Allocation: Distribute service fees among agents and admin.
  • Payment Type Management: Enable or disable payment methods like bank deposits, cash collections, and mobile money.
Why Choose Remitz for Your Money Transfer Business?
At Remitz, we are committed to empowering your money transfer business with innovative technology. Our money transfer software solution is trusted by businesses worldwide for its reliability, scalability, and advanced features. Whether you’re a startup or an established enterprise, our remittance software features are designed to help you stay ahead in the competitive remittance industry.
Transform Your Money Transfer Business Today
Ready to take your money transfer business to the next level? Explore the full potential of our money transfer software and discover how our money transfer software solution can revolutionize your operations. Visit Remitz to learn more about our remittance software features and request a demo today.
Money transfer software

Money transfer platform

Getting Started and Growing with Remittance Software
Be it a small scale or large-scale facility, we remove the complexity issue. Our platform gives the best solutions with trusted online remittance software applications. Our software integrates various payment methods, including card payments, bank transfers, and mobile wallets, to enhance user experience and ensure smooth transaction processing. Adhering to Anti-Money Laundering (AML) regulations is crucial to ensure secure and compliant transactions.
Online money transfer service You can rapidly grow all the transaction volumes online. The customers can easily and securely transfer the monetary transactions via the online procedure. Quick registrations are feasible through mobile or laptop browsers with KYC and AML compliance checks.
This is cloud based online money transfer software, delivers your business transformation as per the requirements. It offers you services pertaining to integration, web enhancements, brand elements, etc. The ability to transact from homes enhances the customer satisfaction quality.

The remitters also get to create their own set of beneficiaries and transactions.

Agent based online money transfer
It can be taken via the agent over the counter. Our cloud based money transfer platform provides sensible and smart technology that will win over all the hindrances and give easy transactions from agent location and provides precise monitoring of agents and their accounts.Agent based money transfer software transforms the way in which you want your business to change and move ahead. Enhancing of customer convenience is the mainstay and puts forward KYC and AML compliance.
Compliance

Stay compliant with Compliance, AML, and KYC

Enforcing rules in real-time for money transfer software

A tailored solution to truly fit your needs and seamlessly incorporate critical components like the enforcement of your business and AML rules, with KYC verification throughout your operation

  • Automated KYC
  • Flagging customers that may have a potential match to an OFAC, UNSC 1267, EU, HMRC list
  • Archive compliance business intelligence
  • Auditing all transaction information
  • Upload soft copies of KYC documents for each customer
In-built compliance Our in-built compliance-based engine ensures anti-money laundering is taken care of with the ID checks that are put into place. Remitz also offers the most comprehensive compliance system in the ongoing market. Having in-built technological advancement justifies our growth in technology and our impetus in the remittance management field.
Verify using API You get to avail automated KYC during the registration phase at Remitz. Online security checks are carried out, including the passport, and address verification procedure against the remitters during an attempt to send money of certain amount. For which we need to integrate any ID verification API. It supports and automates the KYC and registration steps, thus, making it more efficient and quicker.
Remittance Software

Usage made easy

UIs to offer a stunning customer experience.

The software allows the agents to upload, create, edit, and retrieve infinite customer details within no time in easy steps, including the creation and management of customer accounts as a key feature.

  • Easily manage your customer's details
  • Upload ID proofs of customers
  • Activate and Deactivate any user
  • Customers to transfer the fund easily and quickly
Remittance Software Reporting

Data Management, Reporting & Analytics

Simplify and Streamline your reporting with Remitz. we help our customers to better understand and improve their operations and customer relationships.

  • Data analysis using dashboards
  • Reports of transactional activity based on payment type and etc.
  • Create and maintain customer data
  • Historical data are available for analysis.
Online Money Transaction Software

Secure your Website/Portal and Data

Robust and Reliable security is provided to ensure the higher level encryption for transactions is done so that they cannot be misused or tampered with

  • Restrict access to certain IP addresses, or to allow access to a specific IP
  • SSL installed to transmit data securely over the Internet
  • Enforce a Strong Password Policy.
Remittance-software

Access anywhere

Access remitz.co.uk anywhere using our mobile apps for Android and iOS

  • Android mobile app
  • iOS mobile app
  • All popular web browsers
Fintech Support

Unparalleled technical support

Our experienced technical expertsextended support for the remitz software to help you optimize the use of our software solutions or customize the system so that it enhances your business needs and requirements.

  • Effective after sales support and maintenance .
  • Assured service and reliability.
  • Deliver class technical support in addition to instruction videos.

User Creation

User Sign up

User will be registered with minimum fields.

Email verification

When a customer is registered the customer will be sent an OTP and email will be verified.

Mobile verification

When a customer is registered the customer will be sent an OTP and the mobile number of the customer will be verified.

Personal details

Upon customer registration, the customer needs to create and manage customer accounts by entering full personal details, including identity documents and address proof documents. These details are stored on the computer and used to do KYC for the customer.

KYC approval

After the customer is registered on the system, identity and address proof documents are available on the admin panel of the system. On varification of these documents KYC approval of done.

Customer list

All the customers registered on the system will be available here, the customers.

Partial Customer list

All the customers registered on the system.

Two factor Authentication for login

When a user login to the account, he needs to enter the OTP received on his mobile device to login. This is the security we have on the system.

Fee Management

Service fee

The service fee can be set here based on the corridors. The service fee here can be set in such a way that it be set as a percentage fee or flat fee.

Collection fee

The collection fee can be set here based on the corridors. The collection fee will be influenced by real-time exchange rates and the payment type the customer is using while making a transaction, including various payment methods like card payments, bank transfers, and mobile wallets.

Exchange Rate Management

User Sign up

User will be registered with minimum fields.

User Sign up

User will be registered with minimum fields.

Settings

Email templates

The service fee can be set here based on the corridors. The service fee here can be set in such a way that it be set as a percentagw fee or flat fee.

SMS templates

The collection fee can be set based on the corridors and will depend on the customer's payment method during the transaction.

Promotions

Whenever an admin wants to give promotions to customers. admin can set the promotions here.

Create logins with roles

Admin can create a new login here, every login will have a different type of role. and the new user can login with the role assigned.

Source of funds

The list will be available here, admin can edit or add a new list here.

Relationships

The list will be available here, admin can edit or add a new list here.

Reason for transfer

The list will be available here, admin can edit or add a new list here.

Add Banks

Integrating with local service providers can enhance various payment options, such as utility bill payments and mobile top-ups. Banks for all receive countries can be added here, so that when a bank deposit is selected for any receiving country and that bank will be visible for the customer.

Reports

Access logs

Here we will be able to see when and from what ip address any person who is registered on the software is logging in. this included even the staff members with different roles.

Audit trail

Here the data visible is any staff member who has edited any information of the customer, we will track when and from whose login or ip address the staff has accessed or edited this information.

Ledger

Here the ledger is for any particular agent, allowing for the management of transactions in multiple currencies. We can see the balance here.

Profit and loss

Profit and loss for that agent who is logged in will be visible here

Agent deposit form

When agents make transactions, some part of the agent's collections needs to be deposited to admin or receiving agents. After depositing the entries are made from here and sent for approvel.

Agent deposit list approval

After the agents deposit, the list is displayed with respective agents and then approved here. after the approval, it will be added to ledger.

Compliance

Velocity rules

These are the rules set up in the software according to the AML of a sending country. when these rules are effective, the transactions are flagged here and sent for approval to the compliance role.

Anti Money Laundering Limits

This is the limit for any sending country above which the id proof is mandatory.

Transaction day limits

This is again for the use of AML, which is displayed in compliance roles, by seeing officer will approve any transaction to flow through the process.

Set up

New branch creation

New branch here means a new country and whenever an agent wants to start from a new country, they can create a new one.

Branch list

The new branch created will be listed here.

New agents creation

The agents will be created under a branch, nothing but a country, that agent can be a send or receive agent or bot send and receive agents. the send agent can make transactions and the receive agents can payout any transaction made by send agents.

New agents list

All the send and receive agents will be listed here

Agent mapping

Mapping is done here so as to map the send agent with the receiving agent. when a send agent is selected only the mapped receiving agents will be visible.

Revenue percentage

The software charges a service fee and that service fee can be distributed among send agent, receive agent and admin. the percentage share will be visible here. based on this when a transaction is made we will calculate the revenue and store it in respected tables. after which they can be easily retrieved and shown in profit and loss.

Payment type

For every receiving agent, the money transfer system integrates various payment methods to provide secure and accessible money transfer services, including card payments, bank transfers, mobile wallets, bank deposit, cash collection, and mobile money or airtime top up. These can be enabled or disabled here.

Exchange rate profit

Here the percentange is allocated for profit in exchange rate profit and the same will be distrubuted among them.

Transaction list

List

The list of all transactions done by customers and also by agents will be listed here.

The transaction list helps remittance businesses manage and track all transactions efficiently.

Filterning

Here the transactions can be filtered based on the date, type of transaction refrence no. and some advanced features.

Download CSV

A copy of all transaction will be downloaded here in CSV format

Download pdf

A copy of all the transactions will be downloaded in pdf format

3rd Party API

API

Any API can be integrated here, including email, SMS, and payout APIs, to enable transfers between different payment methods through API integration.

In-house API

The in-house API is for Remitz software, which can be given to any integrate their software to Remitz software