SimpliRemit™ is a person to person international money transfer platform

Service your customers who are working to send money to their home countries

Product Snapshot

$1.5B

transferred

4.4M

watchlist scans

100%

compliance coverage

24

countries served
Product Overview

SimpliRemitTM

BANKS ● MONEY SERVICE BUSINESSES (MSBs)

Launch a new product. Create a new revenue stream. Service your customers living abroad who are working to send money home to their families. SimpliRemit™ is a turn-key person to person (P2P) money transfer platform with the latest compliance and fraud controls, keeping you and your customers safe and secure.

Choose a Business Model

We offer two business models to accommodate any bank’s regulatory needs.

COBRAND

For banks wanting to minimize regulatory responsibilities. We partner with Viamericas Corporation, a national MSB, to offer a cobranded platform for your bank. All new customers are vetted and owned by us, meaning your bank is relieved of the burden of federal and state regulations, compliance obligations, and consumer KYC.

WHITE LABEL

For banks chartered in the country where payments will originate. Your bank retains: full ownership of consumers; regulatory and compliance responsibility; sole branding. We help you get setup to handle foreign exchange rates, consumer payment collection, and consumer payment delivery.

what's the difference?

Cobrand vs White Label

Both business models come with comprehensive security protections and fraud controls, as well as friendly customer support. You only need to choose what level of consumer ownership and regulatory compliance to be responsible for.

COBRAND

For banks wanting to minimize regulatory responsibility

white label

For banks wanting full consumer ownership and compliance responsibility

Consumer Ownership

We retain ownership

We retain ownership

Federal regulatory responsibility

We retain responsibility

You retain responsibility

State regulatory responsibility

We retain responsibility

You retain responsibility

Branding

Cobranded with Viamericas

Solely your branding

Comprehensive KYC

Fraud Protections

U.S. based Customer Support

Transaction Processing

Industry-Leading Security

Marketing Strategy

Foreign Exchange Control

features and capabilities

SimpliRemitTM

Comprehensive kyc

We perform financial account verification, identity verification, and fraud screenings for every new customer

Fraud protections

Our rules prevent fraud and control liabilities. We analyze fraud pattern daily and closely track industry trends

customer support

Our friendly Tier 1 customer support team is based in the U.S. and provides timely responses

transaction processing

Whether you choose the Cobrand or White Label model, we make sure your integration is quick and easy

marketing strategy

We work with you to build a marketing plan, define channels, and leverage online tools to drive adoption

top notch security

We are hyper focused on data security and follow industry best practices, including NIST and SSAE18 frameworks

Pricing for SimpliRemitTM

We only make money when you do

There's a one-time setup fee to create and configure the new consumer website. After that, PayLynxs only makes money when you make money; there are no monthly minimums or fixed costs. The revenue breakdown depends on the business model:

COBRAND

PayLynxs shares a percentage of revenue from each transaction in accordance with the credit or fraud risk held by each party.

WHITE LABEL

PayLynxs earns a flat fee for each transaction, regardless of the amount or foreign exchange rate.

our values

What sets us apart

Making a good product easy, but we go beyond that to ensure our clients are truly taken care of.

Simplicity

Easy to use products streamline your day-to-day tasks

security

Easy to use products streamline your day-to-day tasks

flexibility

Easy to use products streamline your day-to-day tasks

transparency

Easy to use products streamline your day-to-day tasks

excellent service

Easy to use products streamline your day-to-day tasks

innovation

Easy to use products streamline your day-to-day tasks