cross border payments | transpay
DESCRIPTION
International solution to cross border payments, transpay, the global payments solution. Global money movement platform.TRANSCRIPT
Cross - Border
Payments,
Simplified!
1
What is Transpay?
Transpay is full stack international funds disbursement platform built to
perform rapid money movement from sender to receiver. Transpay
addresses the core payout needs of beneficiaries by delivering funds directly
to their local bank accounts through a direct network of thousands of banks in
over 80+ countries around the world. Transpay also offers direct cash payout
in over 75+ countries through a network of 250K self appointed agents
The Transpay platform is best suited for Banks, Financial Institutions,
Payment Processors, Marketplace Operators, E-commerce companies who
have the need to move low value funds to any “business” or “individual”
Transpay’s payout network covers North America, South America, Western,
Central and Eastern Europe and Asia
Global Crowd Payouts
Capability OverviewClients
Marketplace Operators
Businesses/Corporations
Crowd Sourcingcompanies
E-commerce/ Payment Processors
MSB Requirement
Fulfillment
Real-Time Payouts to Beneficiary
Single Point API FTP Connection and order entry system
Cash Pickup for IndividualsDirect Bank Deposits
(Individuals & businesses)
Comparison
Payment Comparison to Philippines
Bank Processes Issues
international Swift message
Correspondent
Institution processes
inbound as
‘international’ Beneficiary Account is credited
funds minus ‘Beneficiary
Charge’
* FX rate $100
-$ 10
$ 90
x PHP xx.xx
PHP=x,xxx.x
Beneficiary Account is credited
funds, FX is based on rate of
the day and NO BENEFICARY
CHARGE OR DEDUCTIONS
$100
x PHP XX.XX
PHP= XX,XXX.
Few Hours- 24 Hours
3-5 days
Client Sends Wire
through Bank
Client Sends payment
through Transpay
Connection Points and Data Flow
Credit to Bank Cash-Pick Up
CENTRAL
API File Exchange
Transaction sent to
Network in real timeI
STP
(Straight Through Processing)
Reporting Compliance Foreign
Exchange/
Cash
Management
Licenses
Regulated under Patriot Act and the Bank Secrecy Act in the US
Licensed by state banking departments in over 30+ states
in the U.S.
Regulated and compliant with CFPB
Registered with FINCEN in the US and FINTRAC in Canada
Licensed and Regulated in the UK under the FSA
Compliant with European AML regulations and FATF
recommendations
Authorized to operate throughout the European Union under
Directive on Payment Services
Licensed by the Reserve Bank of India
Authorized by various Central Banks around the world
Global Crowd Payouts
Compliance
Regulation “E” (Dodd-Frank 1073) compliant
Strong and well defined Anti-Money Laundering (AML) program
Best practices and well defined policies / procedures diligently followed
to ensure highest compliance standards
State of the art transaction monitoring and client payment protection
systems
Inbuilt various “receive” country requirements with threshold monitoring
Well defined CFPB requirements in place
Global Crowd Payouts
Transpay’s network in EuropeAustria
Belgium
Bulgaria
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Romania
Russia
Slovakia
Slovenia
Spain
Sweden
United Kingdom
Ukraine
Direct Payout to banks in
all of Western, Central
and Eastern Europe
5,000+ Banks
Transpay network in The Americas
Argentina
Bolivia
Brazil
Canada
Colombia
Dominical Republic
Ecuador
El Salvador
Guatemala
Honduras
Mexico
Nicaragua
Panamá
Paraguay
Peru
Uruguay
USA
Venezuela
Chile
Transpay’s network in Asia
Bangladesh Palestine
China Belarus
India Kyrgyzstan
Indonesia Moldova
Nepal Georgia
Pakistan Armenia
Philippines Azerbaijan
Sri Lanka Tajikistan
Vietnam
Saudi Arabia
United Arab Emirates
Japan
Thailand
Taiwan
Kuwait
Bahrain
Yemen
Jordan
6000+Banks covered for
payouts in Asia
Transpay ‘s network in Africa
Global Payment Disbursement
Gambia Niger
Ghana
Guinea
Mali
Mauritania
Morocco
Nigeria
Senegal
Sierra Leone
Uganda
Egypt
Ethiopia
Togo
Cameroon
Jordan
500+Banks in all
Africa
Transpay’s network in the Caribbean
Anguilla
Antigua
Barbados
Guyana
Haiti
Jamaica
St. Kits & Nevis
Trinidad & Tobago
100+ Banks in the
Caribbean
Customer Support
Customers supported by best in class customer service
through own customer service centers
In-language customer service, fluent in: Spanish, Pilipino,
Hindi, Bengali, Urdu, French, Mandarin, Cantonese, Wolof,
Fulani, Portuguese, English and many other languages and
dialects.
Customer service centers located around the world operate
all year round (365 days) and offer 24x7 support to multiple
time zones
In-house customer service representatives (CSRs) undergo
intensive service and product training
Special features such as outbound calls and text messages
to alert beneficiaries
For further information please visit
www.trans-pay.com or to learn more