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?
money transfer as a service
Single State License In the United States – What Can You Do With It?
Startups and would-be entrepreneurs mistakenly think that if they get a license in one state in the United States, they can do business everywhere within the US. They also mistakenly think that if they are incorporated in Montana and get a license there, they are also good to go with regards to money transmitter license …
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What Is The Mid-Market Rate (or the Interbank rate)? Why Is It Important?
If you are remotely involved in the world of foreign exchange, whether it is an FX trade or buying/selling of FX or making cross-border payments, the mid-market rate is a team you will definitely come across. Here is a simple video that explains what it is and how it works.
Currency Cross Rate! What Is It?
Cross-rates are extremely important in the world of foreign exchange. They are used for getting access to complex currency pairs, where liquidity might be a problem, and when you are dealing with an exotic currency.
You Do Not Have To Be Afraid Of RaaS From The United States
There is a lot of misplaced opinions that working with the United States for remittances is inviting danger. Nothing could be further from the truth. I did this short video to explain the whole Remittance-as-a-Service (RaaS) from the United States and how it works (from a point of view of lowering and dismissing your fears).
Where Does Your Company Need To Be Registered (For RAAS)?
You are interested in remittance-as-a-service (RaaS). Where does your company need to be registered? Does it have to be in the same country as the solution provider? Or can it be abroad? Are you looking to start your RAAS (remittance-as-a-service) business? We can help you set it up. Want to know more? Talk to us …
Where Does Your Company Need To Be Registered (For RAAS)? Read More »
What is Money-Transfer-as-a-Service (MTaaS)?
Money-Transfer-as-a-Service (or MTaaS) is essentially no different than Remittance as a Service (RaaS) except it is not restricted to remittances, i.e. person-to-person transfers. Money Transfer-as-a-Service is a white-labeled solution that is offered to would be startups who would like to engage into the business of typically cross-border money transfer solutions. Strictly speaking, Money Transfer-as-a-Service can …