Everything you need to know
about RemitJunction
Everything you need
to know about
RemitJunction
Our compliance-first, principal firm RaaS solution with white-label tech & multi-country payout network enables you to launch your cross-border payment business seamlessly.
General Questions
A white-label remittance platform allows you to use our existing technology and compliance framework under your own brand name. This enables you to launch your money transfer business without having to build the software or acquire the necessary licenses yourself.
Setup times can vary depending on your specific requirements and integration needs, but typically, our partners can launch their branded platform within a matter of weeks.
RemitJunction is a principal firm providing a complete Banking-as-a-Service (BaaS) and Remittance-as-a-Service (RaaS) solution. We handle the technology, compliance, and multi-country payout networks so you can focus on growing your business.
Compliance and Security
Yes. We prioritize compliance with international standards, including AML and KYC protocols, to ensure secure and legal transactions.
RemitJunction takes full responsibility as the solution provider and this is one of the advantages of this service. you are not legally accountable for issues related to AML, KYC, or other compliance requirements. However, if you operate as a licensed entity, you remain responsible for ensuring regulatory compliance.
Transactions are authorized by the relevant parties involved, such as the Sender, banking institutions, processing partners, and payout beneficiaries. As a non-licensed entity, you are not directly involved in the authorization or flow of funds.The purpose of our white-label service is to ensure that the licensed entities in the transaction process handle the authorization and flow of funds. You are not responsible for this process. This arrangement allows you to offer remittance services under your own brand while ensuring that the licensed parties manage compliance and regulatory requirements.
Platform and Services
RemitJunction provides the technology and infrastructure for remittance service providers to manage their own remittance operations. We handle the payment processing, compliance requirements, and other necessary services while you focus on customer engagement and growing your business.
Absolutely. Our platform is fully customizable, allowing you to deliver a seamless, branded experience to your customers.
Yes. RemitJunction offers easy integration options with your existing systems. Our API-driven infrastructure ensures seamless connectivity and supports your current business model, whether you’re a new entrant or an established player in the remittance space.
With our real-time tracking feature, you and your customers can monitor the status of every transaction instantly.
Payment and Currency
Our solution is ideal for fintech startups, NGOs, religious institutions, and enterprises needing scalable and secure cross-border payment systems.
While we process transactions in GBP, we support various currencies through the payout partners you choose. We work with licensed partners who provide competitive exchange rates based on your business needs.
Yes. We are continuously expanding our services to multiple countries.
Currently, RemitJunction offers card processing as the primary payment method. For debit card processing, you must meet the qualification criteria that the underlying merchant processor sets.This setup ensures a secure and reliable transaction process.
Pricing and Rates
RemitJunction offers a competitive and transparent fee structure. You can apply your own markup to meet market expectations and ensure profitability, with no hidden fees or surprises.
At RemitJunction, we are fully aware of competitive market rates, and we ensure that the rates we offer, allow you to remain competitive. You have the flexibility to apply your own markup, ensuring you can meet market expectations and maintain profitability. With our transparent pricing structure, you can confidently position your offerings in the market without concerns about uncompetitive rates.
RemitJunction processes transactions in GBP and handles payment services end-to-end. The exchange rate applied for currency conversions is determined by our platform as part of the transaction process. The exact rate will depend on market conditions and the specifics of the transaction at the time it is processed.
Support and Setup
RemitJunction offers comprehensive customer support, from technical assistance to guidance on regulatory matters. Our team is here to ensure your platform runs smoothly and meets your business goals.
Our solution is designed for rapid deployment. Depending on your requirements, your platform could go live within 72 hours or take a few weeks.