Payment collections of RemittancesHub

Redefining
Cross Border
Business Payments

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RemittancesHub is a licensed financial institution operating an Alternate Cross Border Network for B2B Inbound & Outbound Business Payments, which enables international fund transfers into Bank Accounts of Beneficiaries (both corporate & individual):

In near real-time
At significantly lower costs vs. traditional channels
With end-to-end transaction
tracking

We help companies manage their businesses better by:

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  • Improving working capital efficiency
  • Lowering costs
  • Enabling better forex management


We make it easy for businesses to pay suppliers, employees, or customers globally, and also to receive payments from them.

 

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RemittancesHub is making Cross Border Business Payments Easy, Fast & Transparent for SMEs

The $156 trillion dollar cross-border payments industry is expected to grow at 5% CAGR, adding $7.8 trillion each year. B2B payments contribute the majority of this at $150trillion.
With SMEs conducting 43% of the cross-border trade, they present a lifeline for the global economy, with their role only expected to grow with increasing globalization.

However, traditional international remittance channels are inefficient and often present difficulties for SMEs, where:

  • Payments often take many days to reach beneficiaries
  • Transaction costs(fee plus forex) are very high
  • There is no transaction tracking, and no FX transparency

A Fintech-led disruption is taking place in the SME cross-border business payments sector, with SMEs choosing alternate payment networks for faster and cheaper international payments, with full transparency.

Simplifying Global Payments

RemittancesHub is making cross-border payments easy, fast, cheaper and transparent…

Our Clients

Money Transfer Operators

Money Transfer Operators

Exchange Houses

Exchange
Houses

FinTechs & Payment Operators

FinTechs

Banks

Banks

Banks

Mobile
Wallets

Billers

Payment
Operators

  • Enabling faster & cost effective cross border payments for businesses, with full tracking
  • Enabling easier & cost effective payments collections for SMEs, SOHO & Freelancers
  • Enabling Remittance Sending operators to fill gaps in their correspondent networks quickly
  • Easy integrations. No need to modify your IT systems
  • Real-time transaction processing
  • Single point settlement
  • 24x7 Tech Support
  • MSB license from  FINTRAC Canada
RemittancesHub provides backend network rails & settlement to Banks, Fintechs, and Remittance companies in developing countries, to enable efficient & cost-effective outbound payments by their SME customers to their overseas suppliers.

RemittancesHub
Value Proposition

  • Single API connectivity
  • One contract
  • Instant / Same Day Transfers
  • Customized & Competitive Pricing
  • End-to-End Transaction Tracking
  • Secure Processing & Data Management
  • Prefund in SingleCurrency
  • Pay per-use model
  • B2B, B2C, C2B & C2C payments
RemittancesHub is a licensed financial institution, fully compliant with AML, KYC & other regulations.

Payout Network

86 Countries
47 Currencies

We enable Payouts into all bank accounts (individual & corporate) in all major countries of the world