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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 M-PESA?

M-PESA is recognized as the premier mobile money service across Africa, holding the title of the continent's top fintech platform. Its popularity as a payment solution is embraced by both banked and unbanked individuals, primarily due to its exceptional security features and user-friendly interface. The service is designed to accommodate millions of users who own mobile phones but may not have access to conventional banking services or face significant limitations in that area. Presently, M-PESA boasts over 51 million active customers spread across seven African countries, providing them with a dependable, safe, and cost-effective way to transfer money, recharge their mobile airtime, pay bills, receive salaries, and obtain short-term loans, among numerous other services. To initiate the use of M-PESA, customers typically visit authorized agents, which are often small kiosks or retailers such as barbershops and bakeries, where they can exchange cash for electronic currency. After going through a simple registration process, users can quickly send money to friends and family within the country, making financial transactions more straightforward than ever before. This groundbreaking service is not only revolutionizing the way people engage with their finances but is also significantly improving the economic conditions of its users, fostering greater financial inclusion throughout the continent. As M-PESA continues to evolve, it plays a vital role in shaping the future of financial services in Africa.

Media

Media

Integrations Supported

Onfido
Tranglo

Integrations Supported

1oT
BlinqIO
Dentrove
Escola360
Flowcart
GlobalGiving
Hotelinking
Iterative Billing
Jasiyo
Jetpac
Keepgo
Little Box Office
Meridian
PremierCashier
Rayven
RedShield
Retainly
Xinix

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

Free
Free Version

Supported Platforms

SaaS
Android
iPhone
On-Prem

Supported Platforms

Android
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
On-Site 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

Vodafone

Date Founded

1982

Company Location

United Kingdom

Company Website

www.vodafone.com/about-vodafone/what-we-do/consumer-products-and-services/m-pesa

Categories and Features

Money Transfer

Not specified

Categories and Features

Digital Wallets

Not specified

Mobile Payment

Not specified

Money Transfer

Not specified

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