Digi Remit and Last mile

RemitOnline will provide its multi-country, multi-currency, Multi – Lingual, fully-tested, bank grade, state-of-the-art digital remittance technology platform and services to partners for its proprietary branded digital service, RemitOnline will provide technology, compliance, operations, analytics, customer Service options and any Product/Service enhancement upon request from partners This solution will seamlessly integrate with clients existing website and mobile application. This service will also integrate the fund collection mechanisms/partners of Clients.
RemitOnline will offer a new-age, existing-customer-friendly, bank-grade, configurable technology platform for partners to manage its vostro business for inward remittances. The platform will enable partners to onboard different types of entities – Non-resident exchange houses, money transfer operators, online money transfer companies, correspondent banks, and foreign banks

Digi Remit
RemitOnline will provide its multi-country, multi-currency, Multi – Lingual, fully-tested, bank grade, state-of-the-art digital remittance technology platform and services to partners for its proprietary branded digital service, RemitOnline will provide technology, compliance, operations, analytics, customer Service options and any Product/Service enhancement upon request from partners This solution will seamlessly integrate with clients existing website and mobile application. This service will also integrate the fund collection mechanisms/partners of Clients
Key Product Features
LastMile
RemitOnline will offer a new-age, existing-customer-friendly, bank-grade, configurable technology platform for partners to manage its vostro business for inward remittances. The platform will enable partners to onboard different types of entities – Non-resident exchange houses, money transfer operators, online money transfer companies, correspondent banks, and foreign banks.
What stops banks from having a global remittance platform?
The RemitOnline Solution
    • Licensed collection partnerships in major send countries.
    • Licensed partners take responsibility of compliance checks and regulatory reporting.
    • With these partnerships banks don’t need to have any physical presence or worry about regulatory requirements
    • The lion’s share of the revenue is made by the bank in the Philippines
    • RemitOnline is a fully configurable bank grade tech platform that is already integrated with some of the top compliance verification companies and payment gateways
    • In built analytics module help to capture customer journey and identify drop off points thus helping banks to target customer sets with customized communication.
    • Bank can leverage its existing base of customers in their own country with “Request Money” feature

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