Home Learn YouTube Videos MTOs as Cash Out Points App Idea MTOs as Cash Out Points App Idea Money Transfer Operators as a worldwide collective network of cash payout points? Possible in this day and age of digital apps? —This page was last updated on September 1, 2022.– Related posts: I have an idea for an app. Do I need a license to send money all over the world? A medical company in Venezuela requires $50,000 cash for its payroll; they wire us $50,000 in Florida, and we give them $50,000 cash in Venezuela minus the fee. Do we need to set up a correspondent tie-up agreement for such transactions? Isn’t the idea of ‘renting’ a license considered wrong? Could it have legal ramifications if we rented a license? Will MTOs Go Out Of Business When LIBRA Comes Online? IBAN Account for PSPs and MTOs Share with others...