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Description
M-PESA stands out as the leading mobile money service in Africa and ranks as the continent's foremost fintech platform. Its widespread use as a payment method is favored by both individuals with bank accounts and those without, thanks to its high level of security and unmatched ease of use. The service caters to millions of people who possess mobile phones yet lack traditional banking access or have limited banking options. Currently, M-PESA serves over 51 million customers in seven African nations, offering them a reliable, secure, and affordable means to send and receive funds, recharge airtime, settle bills, receive salaries, access short-term loans, among other functions. To start using the service, customers visit authorized agents, typically small mobile phone kiosks or various retailers, like barbershops and bakeries, where they can trade cash for electronic money. After registering, users can easily send money to family and friends across the nation, making financial transactions more accessible than ever. This innovative service continues to transform the financial landscape, enhancing the economic lives of its users significantly.
Description
Remitz offers a customizable remittance software solution designed for licensed money transfer operators, MSBs, and fintech companies. It features a personalized customer portal and a comprehensive back office that streamlines transaction workflows, facilitates exchange-rate and fee settings, and offers plan-specific capabilities for both iOS and Android platforms. Operators have the flexibility to integrate their preferred KYC, payment, and payout services, provided that they meet the necessary compatibility and testing requirements; they maintain control over regulatory compliance, customer-funds management, and contracts with service providers. In addition to delivering the software, Remitz also provides implementation support and compliance processes that align with each operator's anti-money laundering (AML) and know your customer (KYC) initiatives. The service includes hosted plans that come with a web platform, while the Self-Hosted + Source Code option allows clients to operate specific modules on their own servers. Furthermore, the development, functionality, and publishing capabilities of the mobile app will vary based on the selected plan and the implementation process, ensuring that operators can tailor their offerings to best suit their business needs. This adaptable approach enables operators to maintain a competitive edge in an evolving market.
API Access
Has API
No
API Access
Has API
Yes
Integrations
1oT
Yes
Dentrove
Yes
Escola360
Yes
Flowcart
Yes
GlobalGiving
Yes
Hotelinking
Yes
Iterative Billing
Yes
Jasiyo
Yes
Jetpac
Yes
Keepgo
Yes
Integrations
1oT
No
Dentrove
No
Escola360
No
Flowcart
No
GlobalGiving
No
Hotelinking
No
Iterative Billing
No
Jasiyo
No
Jetpac
No
Keepgo
No
Pricing Details
Free
Free Trial
No
Free Version
Yes
Pricing Details
£299/month
SPI applicant environment is £79/month with no setup fee and is non-operational. Starter is £299/month plus a £1,500 one-time setup fee and includes up to five corridors. Growth is £799/month plus a £2,000 one-time setup fee, with no software-plan corridor limit and mobile capability. Branded mobile app setup is £1,500 one time. Enterprise and Self-Hosted + Source Code pricing is quoted. Provider fees and additional development are separate. Prices exclude VAT unless stated.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
Yes
iPad App
No
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Vodafone
Founded
1982
Country
United Kingdom
Website
www.vodafone.com/about-vodafone/what-we-do/consumer-products-and-services/m-pesa
Vendor Details
Company Name
Kreativ Web Solutions
Founded
2020
Country
United Kingdom
Website
www.remitz.co.uk
Product Features
Mobile Payment
ACH Support
No
Contactless / NFC
No
Credit Card Support
No
Cryptocurrency Support
No
Debit Card Support
No
In-App Payments
No
In-Store Payments
No
Micropayments
No
P2P Payments
No
eCommerce Payments
No
Product Features
Alternatives
Alternatives
No Alternatives