Xpress Money is Disrupting the Remittance Industry with its Plug & Play Business Solutions

DUBAI, Oct. 20, 2016 /CNW/ - Since 2010, the remittance industry has been positively growing at 3.8% year- on - year, despite global economic conditions. According to the World Bank, in 2015, $581 billion was transferred between countries across the world, in the form of remittances and this number is estimated to reach $628.8 billion by the end of 2018. This flourishing industry, thus has tremendous opportunity for companies across industries, be it banks, nimble startups, fintech firms or apps to innovative new services in this space. e-banking and digital channels of money transfer have already occupied a significant place for themselves in the industry.

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With close to two decades of rich experience, Xpress Money, one of the world's most dependable money transfer brands, has consolidated its expertise to offer payment solutions to any company looking to foray into this ever-growing remittance industry. Whether it's a Bank, Retail Chain, Telecom Provider, Fintech startup, or a Money Transfer Operator looking to access new markets, Xpress Money offers the most trusted remittance solutions. In today's competitive environment, Xpress Money's cutting edge remittance solutions with customizable technology, multichannel services and well-established business networks give businesses the edge to stay on top of the game. All that the company needs to do is plug & play.

Xpress Money's proprietary API serves as the ideal platform for any business to plug seamlessly into the money transfer business that is compatible with any system, which eliminates any modification requirement from the partner company. Its platform provides the most comprehensive solutions for online and offline remittances and helps companies manage transactions and compliance - the technology is for everyone, from startups to global enterprises. Companies can also choose their preferred payout mode through Xpress Money's diverse multiple payout options around the world - Instant Cash Payout, Real-Time Account Credit, Mobile Wallet Credit, Door Delivery of Cash and Remit Card.

Speaking about the 'Plug & Play' business solutions, Sudhesh Giriyan, COO, Xpress Money, said, "Our aim is to empower the largest possible audience by collaborating with companies across industries to create real value. Xpress Money's plug & play is the ideal platform for brands to reach out to newer customer segments and get access to our partner network around the world; without having to deal with them individually, thus making for an effortless integration into the world of remittance - an industry that offers endless possibilities."

Xpress Money has partnered with NICE Actimize, the global leader in financial crime risk management to ensure that its customers' money is always safe. Its trusted network ensures compliance to regulations and set guidelines of different countries across the world.

Xpress Money has been a formidable name in the global money transfer business for nearly two decades. Over the years, the brand has partnered with some of the most trusted financial and non-financial institutions around the world to build a strong and credible network, making it one of the most dependable money transfer brands globally.

About 'Xpress Money'

'Xpress Money' is a global money transfer brand with a thriving presence in more than 160 countries across all continents through 180,000 agent locations. 'Xpress Money' has come to be known as the most dependable international money transfer brand and provides its customers a simple, fast & safe way to transfer money through innovative technology, superior customer service and its extensive worldwide network. For more information, follow us on Facebook: http://www.facebook.com/XpressMoney, Twitter: @Xpress_Money or visit http://www.xpressmoney.com

SOURCE Xpress Money