Banks and financial institutions who wish to participate in the
low value, high volume remittance sector need no longer rely on
costly international payment infrastructures that ignore the critical
first and last mile of payment execution.
Pay2Home understands the need of banks and puts KYC rules, Anti
Money Laundering checks and Regulatory reporting at your service
counters. Our payment platform, logistics and communication services
take the guess work out of correspondent banking relationships and
Pay2Home's partner network gives you the ability to offer the widest
choice of last mile delivery channels; Bill payments, account credits,
ATM networks, postal and home delivery networks in multiple jurisdictions.
Traditional remittance businesses looking to distinguish their products
and services can now take a quantum step up, overtaking their competition
through enhanced customer service, business administration, Anti
Money Laundering and regulatory compliance reporting.
Pay2Home offers the widest range of payment channels and countries
from a single service platform. We can help raise the timeliness
and reliability of your remittance services and give you new products
and services that will truly delight your clients and their beneficiaries.
Employers and Agents
For companies that employ migrant workers or expatriates, our payroll
deduction service allows an employee to specify a portion of his
or her pay packet to be automatically delivered to a recipient(s)
on pay day.
This service is offered to corporations on a revenue sharing basis.
As such, the employer gains an additional revenue stream through
the easy facilitation of remittances for their workers. Combined
with the positive aspects it provides to their social compliance
programs, participating companies improve their public standing
and will become an employer of choice for migrant workers looking
to work in their industry.
Agents represent a group of companies who are not currently servicing
the remittance industry, or to whom remittances are not their primary
business function. However, they have sufficient interest and accessibility
to home country clients or distribution networks that they benefit
by adding a remittance product to their offering. Examples of such
companies are recruitment agencies, logistic companies, and home
country thrift banks. The Pay2Home payment platform offers a low
cost, easy and convenient mechanism for these companies allowing
them to offer remittances under their own business name*.
*Subject to regulatory approval