Our systems are renowned for their robust security measures and sophisticated compliance features. Our innovative approach and in-depth industry knowledge produces a continuously evolving system that keeps our clients compliant and ahead of the competition at all times.
WHAT WE DO
We develop and provide sophisticated multichannel remittance systems that allow you to send and receive money flexibly via agents, ATMs, bank branches, EFTPOS terminals, mobile phones, prepaid cards and websites.
Our flagship product, the RemitONE Money Transfer Engine (MTE), is a proven remittance platform used by top tier banks and MTOs around the world.
In business since 2005, and now operating on every continent, RemitONE is recognised worldwide as a trusted, established brand. Here are some of the reasons why our systems are used with confidence by large banks and MTOs all over the world.
• Sophisticated compliance features and robust security measures. Our systems are designed to significantly reduce the risks associated with remitting funds. And they ensure you conform to Know Your Customer (KYC) and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance procedures.
• Robust and reliable security measures, so you don’t need to worry about downtime. Our systems have multiple layers of security which include:
• Three-tier server topology
• SSL encryption
• Role-based login
• Restricted IP or MAC address
• Fingerprint authentication
• Redundancy and uptimes of 99.99% and above
• Support through every stage of your business journey. If you’re starting out in the remittance business, or moving to the next phase of growth, our R1 Consulting service gives you access to our expert industry partners. They’ll make sure you have everything in place to start trading including licences, regulations and compliance - wherever in the world you operate.
R1 Community helps larger established and expanding businesses to grow sustainably by introducing them to other RemitONE clients, who include some of the world’s largest banks and MTOs. By tapping into established networks, R1 Community members gain access to over 75 countries instantly, saving them significant time and costs.
• Innovation and in-depth knowledge result in a continuously evolving system that goes beyond industry needs. Because we’re immersed in the remittance world, we know about the latest trends, developments and regulatory issues. So we’re continuously thinking ahead and developing our products and services. Our evolving system ensures you’ll always have access to the latest trends, such as online and mobile technologies. In turn, you’ll be able to differentiate yourself, stay ahead of your competitors, and offer much more to your existing and potential customers.
• Reliable, ethical, and professional service. Our business is built on solid foundations and based in London - the world’s financial capital and home to many big banks and MTOs. Our management team comprises highly experienced professionals with business, technology and finance backgrounds. All development work is done in-house – we never outsource.
Our focus on remittance products and services gives us a thorough knowledge of the industry, current regulations, and the latest technologies.
Our strong ethics mean we never put profit above people or the planet. We believe integrity is pivotal to any successful business relationship whether that’s with our clients, partners or our resellers.
We encourage fair competition and transparency by working with FXCompared.com - the leading international money transfer price comparison site.
Other benefits of choosing RemitONE include
• Multi-channel management. These include POS, ATM, card, mobile, web and non-internet channels for mobile agents.
• Business rules management. Our systems allow you to set rules for your business model.
• Access. Our platform is integrated with industry-leading banks, MTOs, airtime providers, ID verification systems, MobiWire terminals (with remote printing functionality), SMS gateways and PCI DSS compliant payment processors.
• Integration with other systems. Through our web services API, our platform can integrate with core banking systems, SWIFT, as well as the remittance systems of other banks and MTOs.
• Integration with leading MTOs and networks. Our clients can access our network of leading MTOs including MoneyGram (AgentConnect), Money Express, Airtel, Muthoot Royal Exchange, eTranzact, Cebuana, M Lhuillier and U-Remit.