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What is Remitz?

Remitz presents a flexible remittance software solution tailored for licensed money transfer operators, money services businesses, and fintech companies. The system includes a customizable customer portal along with a robust back office that optimizes transaction processes, manages exchange rates and fees, and provides specific functionalities for both iOS and Android devices. Operators can choose their preferred KYC, payment, and payout services, ensuring they satisfy the necessary compatibility and testing standards, while retaining oversight of regulatory compliance, customer fund management, and agreements with service providers. Beyond just offering software, Remitz extends implementation assistance and compliance frameworks that align with each operator's anti-money laundering (AML) and know your customer (KYC) protocols. The platform offers hosted plans that incorporate a web interface, whereas the Self-Hosted + Source Code option gives clients the ability to manage certain modules on their own servers. Additionally, the development, features, and publishing options of the mobile application will differ depending on the chosen plan and the implementation strategy, allowing operators to customize their offerings to effectively address their business requirements. This level of adaptability ensures that operators can stay ahead in a rapidly changing marketplace, making Remitz a strategic partner in their growth and success.

What is InfinityRemit?

InfinityRemit is an all-encompassing platform tailored for businesses engaged in remittance activities, specifically targeting money transfer operators and financial service providers. This platform incorporates a wide range of features, such as the ability to capture and track transfers, manage roles and permissions for branches, and oversee corridor fees and delivery routing. It also enhances compliance review procedures and enforces financial regulations within a unified operational framework. Users can easily enter the information of both senders and recipients, establish currency corridors, configure payout methods, monitor branch prefunding, and scrutinize ledger journals and statements. Moreover, the platform provides screening workflows for sanctions and politically exposed persons while keeping detailed records of review outcomes. Custom integrations for collections, KYC, and payouts are tailored to the specific preferences of the operator, which may require onboarding, configuration, and thorough testing. InfinityRemit is actively developing business account platforms and proprietary remittance websites. Notably, customers hold responsibility for their own financial authorizations, ensuring that every transaction adheres to their internal policies and regulations. This emphasis on accountability highlights the platform's dedication to empowering its users while upholding crucial safety and compliance standards. With such robust features, InfinityRemit positions itself as a leader in the remittance technology space.

Media

Media

No images available

Integrations Supported

Onfido
Tranglo
Trulioo

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

ÂŁ299/month
SPI applicant environment is ÂŁ79/month with no setup fee and is non-operational. Starter is ÂŁ299/month plus a ÂŁ1,500 one-time setup fee and includes up to five corridors. Growth is ÂŁ799/month plus a ÂŁ2,000 one-time setup fee, with no software-plan corridor limit and mobile capability. Branded mobile app setup is ÂŁ1,500 one time. Enterprise and Self-Hosted + Source Code pricing is quoted. Provider fees and additional development are separate. Prices exclude VAT unless stated.

Pricing Information

Pricing is quoted after scoping your branches, markets, providers and rollout needs. Scope may include integration work, data migration, training and support; third-party providers may charge separate fees.

Supported Platforms

SaaS
Android
iPhone
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Online Training

Company Facts

Organization Name

Kreativ Web Solutions

Date Founded

2020

Company Location

United Kingdom

Company Website

www.remitz.co.uk

Company Facts

Organization Name

Kreativ Web Solutions

Date Founded

2010

Company Location

India

Company Website

infinityremit.com

Categories and Features

Money Transfer

Not specified

Categories and Features

Money Transfer

Not specified

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