 Pay Lynxs provides remittance technology solutions to financial institutions interested in offering retail and/or wholesale cash management products to facilitate the flow of money from immigrants sending funds home to family members.
- International money transfers is a multi-billion dollar market
growing over 8% a year.
- International funds transfer is becoming a core retail
product, similar to online bill pay, to cater to the rapidly
expanding immigrant population.
- Banks need to upgrade their international funds transfer
products to create consumer friendly services to attract new
customers.
- Pay Lynxs provides white label, turn key technology and
operations to create a user friendly remittance product using a
bank's existing infrastructure with same day/next delivery of
funds.
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