Most of the remittances from the US have been directed to Asian countries like India, China and Philippines. Most of the remittances happen by the conventional channel of agents, however, with the increasing relevance and reach of the Internet, online and mobile phone money transfers from the 3rd party vendors to provide services is becoming more popular and convenient for customer, agents and business partners.
A payment remittance application provides service that authorizes payments for e-businesses, online retailers, between two parties, or business partners to pay through online, or through mobile.
Girmiti Software team has in-depth understanding and on field experience in developing and supporting various facets of a remittance solution. We help our customers in developing the core platform, deploy and implement for their partners along with customization, integration to existing backend systems and third parties to help them in certification.
Our team carries the technology expertise in the remittance areas and have helped 3rd party vendors in Design, Development, Implementing the product. Our team also has expertise in migrating the implemented products to provide the facilities for add on channels.
A remittance firm transfers funds from one person in one country to another person in another country.
The senders of remittances often need an interface to access the banking system.
Remittance firms offer delivery of funds through instruments and channels that the recipient can access.
Mobile payments may be able to lower the cost of remittances by applying the more favorable volume economics of large agent networks at the receiving end, although the transaction still requires a money transfer operator (MTO) or other intermediary between sending and receiving countries.
Our team is working with our customers on building non transactional functionalities implementation in the cloud environment
Capabilities to implement for devices like POS, mPOS for transactions between two systems
We also have relevant experience to help our customers and partners to have the Remittance Solutions certified by Card Payment Schemes/PNOs, processors with respect to their business segments. Our Team helps and works closely with our customers to understand the existing scope, current business scenarios, flows of the existing systems, to provide the consulting solutions to Build, Architect, Enhance Features, Design, Develop, Test, Automate, Deploy, UAT.
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