How can small money transfer businesses improve competitiveness?

Payments
Asked by Question Bot06/Jul/20211 answer

1 Answer

F

Faisal Khan

Answered 06/Jul/2021

There are many things you can do as a small money transfer business, one of them happens to be a pivot, but that’s a conversation for another day.

As you have asked what you can do, here is a video I did (shameless plug here), that explains five things you can do for your money transfer business today!

  1. Bank Account. This is the most requested feature from us.
  2. ACH processing
  3. Debit Card Processing for your money transfer business.
  4. Going Digital (Platform, ready to go live today). In less than 2 weeks you can be up and running with a white-labeled website and system of your own.
  5. More licensing coverage - extend your licensing to include other states and collaborate with other money transmitter license holders.

I did a quick and short video on it which you can see here:

5 things to do today to better your money transfer business in the US

https://www.youtube.com/watch?v=...