Remittance As A Service RaaS - Pricing Packages - Faisal Khan LLC

Remittance-as-a-Service (RaaS) Pricing

Since 2012 when we first coined the phrase RaaS or remittance-as-a-service, we have been striving hard to make startups and entrepreneurs to enter the remittance (money transfer) business without sacrificing an arm and a leg. As research will show, the United States is one of the most difficult markets to work with. Not just from a licensing point of view but also from the fact that the barrier to entry into the world’s largest market has a very high barrier to entry in the form of capital required.

Throughout the years we have been playing a crucial role in bridging the gap between the license holders and those who want to launch their own money transfer company, under a sponsored white-labeled platform.

RaaS Pricing Packages

If there is anything the COVID19 era has taught us (other than wearing masks and social distancing) it is that digital is the new frontier that is being embraced by all. Digital is here to stay. So the quest was to figure out a way to help money transfer companies go from analog to digital.

After months of painstaking negotiations we are happy to announce more affordable packages for those startups and incumbents alike who wish to enter the United States money transfer market, but found that the barrier to entry to too high for their comfort.

Packages

Starter

$149.00

monthly




Compliance: $99/mo

SETUP FEE: $2,500

REFERRAL FEE: $7,500

2.09% Debit Card
Same Day ACH 0.75%
Next Day ACH 0.55%
Up to 50 States Coverage
Fully Compliant
AML/KYC ready
e-wallet included
API available
iOS & Android App*
White-Label Website*
Payout Countries: 3

Pro

$749.00

mONTHLY




COMPLIANCE: $129/mo

SETUP FEE: $5,000

REFERRAL FEE: $14,000

1.79% Debit Card
Same Day ACH 0.65%
Next Day ACH 0.45%
Up to 50 States Coverage
Fully Compliant
AML/KYC ready
e-wallet included
API available
iOS & Android App*
White-Label Website*
Payout Countries: 5

Enterprise

$999.00

MONTHLY




COMPLIANCE: $199/mo

SETUP FEE: $7,500

REFERRAL FEE: $28,000

1.29% Debit Card
Same Day ACH 0.55%
Next Day ACH 0.45%
Up to 50 States Coverage
Fully Compliant
AML/KYC ready
e-wallet included
API available
iOS & Android App*
White-Label Website*
Payout Countries: 10+

*Optional – Subject to additional charges

This page was last updated on November 20, 2020.

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