How it Works from Other Countries?

The Pay Lynxs platform can be extended to several countries outside of the US market including Australia, France, Germany, New Zealand, Singapore, and United Kingdom. We setup a branded Web site for each country that can be marketed to individuals living in those countries for a low cost, convenient method to send money home..

If residents of your country have gone to live or work in any or all of these countries than Pay Lynxs can setup a Web site for your bank to help those individuals send money back home. In most of these countries the Remitter sending the money has to visit their local bank branch or money service business and fill out confusing forms and/or pay high fees to send the money. The process is time consuming, complicated and expensive, with the Pay Lynxs service the Remitter can visit a Web site, 24X7, and enter all of their payment and beneficiary information through our easy to use Web interface.

The Web site is branded to represent your bank and can used to inform the Remitter of the exchange rates, fees and any special offers that you would like to give Remitters who use the service. After entering the transaction in the Web site the Remitter will receive a unique tracking number and detailed instructions to fund their payment. The Remitter will fund the payment by making a domestic transfer to your local currency account held with your correspondent in the given country. The Web site can enforce specific limit rules and will validate all transactions against several government sanction lists (e.g. OFAC and EU Sanctions). The Pay Lynxs Administrative Web site will have the reconciliation tools required to match the incoming transfers with the transactions entered by the Remitters with real-time options to download advice files to process the payments to the beneficiaries.

Contact Us today to learn more about how we can help you grow your inward remittance business.