Family Remittance Services Via Mobile Wallet
Money Exchange & Transfer platform
E-Wallet Platform
Purpose
- To provide seamless and cost-effective money transfers for migrant workers to support their families back home.
- By partnering with businesses in ASEAN region like Malaysia, Thailand, Cambodia and more, it caters to diverse migrant populations, benefiting passport extension.
- User-friendly interface, robust security, multiple currency options, and integration with international payment systems for convenient and reliable transactions.
OBJECTIVES
- Streamline Payments: Simplify and optimize the process of sending money home for migrant workers to ensure efficient and timely remittances.
- Reduce Transaction Costs: Minimize fees and charges associated with traditional remittance methods, allowing families to receive a higher percentage of the funds sent.
- Enhance Financial Inclusion: Provide access to safe and secure remittance services for migrant workers and their families, promoting financial empowerment and inclusion.
TARGET AUDIENCE
Migrant Workers:
Individuals seeking to send money to their families in their home countries.
Families:
Recipients of remittances who rely on financial support from their migrant worker relatives.
Financial Institutions:
Banks and financial service providers involved in facilitating remittance transactions.
Mobile Operators:
Technology partners that can offer mobile wallet solutions to enable digital remittance services.
Government Bodies:
Regulators and policymakers involved in overseeing remittance activities and promoting financial inclusion initiatives.