White-label money transfer software to launch a P2P payment or remittance app

Respond to increased market demand for speedy money transfers with a progressive P2P transfer system, packed with the features your audience needs and values. Go to market in weeks, without breaking the budget.

Implement your money transfer app vision

In FinTech, there’s no one-size-fits-all all solution. Use our FinTech ledger platform as a powerful and reliable basis to build the remittance system that will meet YOUR customers’ financial needs and will comply with your target money transfer business location regulations.

Fully digital onboarding

Provide easy remote signup and authorization, plus the ability to upload documents for KYC procedure if necessary.

Accounts in ANY currency

Let your customers deal with any currency (fiat or not) you configure within the system. No limits as to asset type or the number of accounts per user.

Borderless remittance services

Offer P2P transfers between users of the app out of the box. Integrate with payment or service providers to enable transfers between cards, wallets and mobile.

Bank&card payments

Integrate with a banking network to provide bank payments like IBAN, SWIFT, or with card vendors for card payment functionality.

Bill payments

Integrate with local service providers to offer utility bill payments, mobile top-ups, or any other popular payments that bring value to your users.

Currency exchange

Allow customers to conduct currency exchange between their accounts. Manage currency exchange rates manually or configure automated rates updates via pre-intergrated providers.

White-label remittance Platform features

For your customers

Client onboarding

Accounts

Transactions

AML/Anti-fraud capabilities

Built-in CRM

User action history

Client onboarding

Self-registration via email or phone

Flexible survey and document uploading (such as identity, utility bills, etc)

KYC

- Automated (via pre-integrated vendors)

- Manual (via back-office interface)

Two-factor authentication (2FA)

Accounts

Accounts in any currency

Any digital assets: crypto, points, bonuses, etc.

Ledger for accounting and reflection in the system of any currencies or digital assets

Card issuing (via pre-integrated vendor)

IBANs (via pre-integrated vendor)

ACH (via pre-integrated vendor) (coming soon)

Transactions

Top-ups and withdrawals

Payment gateway operations (via pre-integrated vendors)

In-system transfers or payments

In-system currency exchange

External currency exchange (via pre-integrated vendors)

Payment link

QR-payments (coming soon)

Refund and chargeback (coming soon)

AML/Anti-fraud capabilities (coming soon)

Identify suspicious transactions promptly

Obtain the client’s confirmation to exclude fraud

Get a proof of income from a client to be AML-compliant

Freeze/unfreeze customer accounts if necessary

Close the case

Built-in CRM (coming soon)

All customer details and activities in one place

Communication with clients and creating notes

Chats with customers via in-system messaging service

Notes about a customer for future

User action history

Log of system activities by clients and team members

Full details: logins, sessions, actions performed

Valuable for investigation purposes

For your business revenue

Contracts and vendors

Fees and limits

Reconciliation and settlement

Operations with cash

Contracts and vendors

Vendor terms and conditions input

Creating customer contracts with different sets of commissions and limits

Let customers choose the preferred contract type (e.g. with or without monthly fees)

Fees and limits

Customizable fees for any transaction: %, flat fee, or combination of them

Configuring the fee bearer (sender or receiver)

Transaction limits (per period, amount or number of transactions)

Reconciliation and settlement (coming soon)

Company liabilities reconciliation

-Liabilities in front of your clients

-Liabilities in front of your vendors

Identifying unmatched transactions and discrepancies

Resolving the detected issues

Clear picture of your company’s gains on top of transactions

Operations with cash

Ability to account any type of cash and manage “cash-desk” operations

Drive improved performance for your payment business

Shorten time to market

Our money transfer platform offers a kind of payment SDK to tailor it to your business needs and cuts down the development time in half at least.

Enhanced scalability

SDK.finance can handle over 34 million daily transactions on a basic configuration, thanks to its workload capacity of 400 transactions per second.

Out-of-the-box integations

SDK.finance money transfer software offers pre-integrated vendors for payment acceptance, card issuance, and KYC compliance. More information about integrations here.

Cloud-based white label remittance Platform

PaaS model

Affordable monthly subscription for the backend white label money transfer app hosted and maintained by us. No hefty upfront infrastructure investments, no commitment.

Easier compliance

We host your money transfer software application on the cloud, while you host your database on your own server. Fewer security risks, no third-party access to the customers’ sensitive details and easier to ensure regulatory compliance. A win-win.

API-driven platform

400+ APIs let you integrate your instance of the remittance software with virtually any third-party provider or service, quickly and cost-effectively.

Case studies: money transfer solution in action

Payment acceptance

Geidea: MENA payment acceptance giant

Learn how a leading payment service provider from Saudi Arabia transformed its central transaction settlement system by integrating SDK.finance software into its existing POS network and managed an expansion to 3 countries.

Explore

Digital wallet

MPAY wallet and payment app

Discover how MPAY was able to transform a network of cash-in kiosks into a full-fledged payment app by integrating with SDK.finance software and building on it.

Explore

Get in touch. We’re eager to hear more about your project

SDK.finance money transfer software FAQs

How to start up a money remittance business?

To start a money remittance business with SDK.finance you need to follow these 5 steps:

Clarify the product requirements.
Choose between a PaaS or source code version of the software.
Use the SDK.finance a white-label money transfer application engine as the core for your Product.
Handle the licensing issue according to the jurisdiction you’re going to operate in.
Launch your money remittance business.

How do money remittance businesses work?

Money remittance businesses provide money transfer services, collecting money from the sender and delivering it to the beneficiary. It can be a local service within one country or an international service between two or more countries.

The process of money transfer takes 3 steps:

The amount of money must be accessible in the sender’s bank account before a wire transfer may be carried out.
When a transaction is issued, money is sent to the recipient’s bank.
Once the funds are in the bank, a bank fee and an exchange rate are applied.

How do remittance businesses make money?

Remittance businesses make money by charging a fee or commission for the service. The fee is variable and depends on the amount of money being sent. Remittance businesses can also earn by purchasing the currency in advance and selling it while transferring at the current rate.

How to set up an online money transfer business?

Follow these 6 steps to set up an online money transfer business:

Consult legal experts in the field.
Create your business model.
Find a software partner.
Get a financial license.
Build your app quickly using a ready white label remittance platform.
Launch your money remittance business.

What are the benefits of using SDK.finance for a money transfer business?

SDK.finance offers robust money transfer software for business, enabling quick setup and launch. Our Platform supports white-label solutions, allowing you to brand the software as your own. It supports both mobile wallets and bank transfers, making it versatile for different types of financial services.

Can I request a demo of your white label money transfer app?

We provide a demo overview of our white-label money transfer app that you can access right away. Our demo showcases the capabilities of the SDK.finance platform, helping you understand how it can be tailored to meet your specific business needs.