We noticed that the credit card processing is at 2.09% for the starter plan. Can we bring our own card processor if we have one?
Are armored carriers allowed to pick up cash from Bitcoin ATM Operators and deposit it into their vault account and then transfer it over to our account?
I will be happy to pay a bigger reserve or something like that if we can have the limits raised to 5K, as only WorldRemit and Western Union offer those limits and that is the kind of company I want to have in the future if everything goes well.
How can there be fraud in the money transfer business? I don’t know about the business and want to know if it comes with some kind of chargeback or fraud protection for us.
Let’s say that I start the business, what would be my role in it? Will I be in charge of the back office?
Which service plan do you recommend for a startup company to start with? Is it possible to choose the Starter plan now and upgrade later?
Who does the ID verification? Do I have to hire a third-party company for this, or is it included in the software?
What is the minimum and maximum amount that a client can pay using a debit card? Also, what is the minimum amount that a client can send using ACH?
If we choose to settle into a US Bank Account (Nostro) via FedWire, what component of the transaction is settled here? Are the funds not being sent to the destination country bank?
Can the daily transaction limits be increased by increasing the reserves? If yes, how long does this process take?
Barring your referral fees, realistically what is the most minimum amount we can start a money transfer business with?
If we are a licensed money transfer company with extensive agreements with the payout countries, will the principal license holder agree to sign an agreement with us?
We want to acquire an MSB Checking account, can you recommend a bank which understands how to partner with money transfer related businesses?
With a US sponsored solution provider for Remittance-as-a-Service, would we also be able to use Europe as sending corridors?
We have already started to sign up clients for our B2C (Business to Consumer), for bank to bank transfers. Can you recommend other solution providers for this use case?
What is a list of reasonable payout countries that we can get access to by the solution provider when we are setting up our money transfer business?
How can you tell if the balance being converted to cash is from a credit card, a debit card, a gift card, or a prepaid card?
Will I be offered a bank account or sub ledgers by the bank to store the money before it is transferred?
We want to apply for a white label solution, can you explain the benefits of using your API as compared to a pre-built API from the solution provider?
Would we receive proper installation/onboarding support for the API once we choose a solution provider?
How do you determine which gift cards have been issued in the United States and/or which store has issued them?
Is it possible for you to hold the funds in case I want to get them transferred to a different account?
If I submit my marketing/sales plans to you, how much do you think I will be making monthly as the business owner?
With regards to me as the owner of the business, how many departments do I need to run this (remittance as a service business) successfully?