SOLUTIONS FOR MTOs
With international money transfer displaying characteristics of a commodity market, its players need to differentiate themselves from the competition with more value-added services to retain customer loyalty.
To remain competitive in the fast-growing international money transfer market, MTOs must:
Lower their transaction fees for the end client to secure client retention;
Maintain 30-40 payout partners to provide wide payout network to end client;
Pay 1-2% of every transaction to the payout partners as part of agreement;
Find ways to change 2-5 days processing time due to prefunding, to a 1 day transaction completion.
HK PINOY is API centric platform through which MTOs can easily expand coverage of countries in Africa and Latam at ZERO COST and WITHOUT PREFUNDING!
ZERO COST PAYMENT NETWORK
Our business strategy is efficient
We match sellers and buyers so that no actual currency crosses borders in the interbank market.
This enables us to offer to MTOs Zero Cost Payments within our network and Best Exchange Rates.
HK PINOY CURRENT ZERO COST PAYMENT NETWORK
OUR NETWORK IS GROWING WITH FOLLOWING COUNTRIES COMING IN 2020:
|Cape Verde||Central African Republic||Chad|
|Congo Brazzaville||Egypt||Equatorial Guinea|
|Republic of Congo||Rwanda||Seychelles|
|Sierra Leone||South Sudan||Tanzania|
Within HK PINOY payout network
Due to our business model we have reserves of local funds available in all countries in our network. This enables us to offer MTOs payout services within our network without prefunding.
Instead of waiting for 2-5 days for prefunding money to travel to the payout partner before it reaches the intended client, we will complete it for you the same day, while your funds are on the way to us.
SAME DAY PROCESSING!
ONE PAYOUT PARTNERSHIP
For all MTO transactions
To assist MTOs in their challenge of maintaining 30-40 partnerships in order to keep a wide network, we offer MTOs to partner only with HK PINOY.
We will process transactions in our network at zero cost, and all transactions outside of our network at cost of payout partner – the same for MTOs as it is now.
For processing transactions outside of our current network, we cooperate with third-party payout networks all over the world.
This enables MTOs to operate globally without the burden of large administrative cost to maintain multi-partner payout network.
As HK PINOY network grows – your expenses will continue to turn into profit!
Get in touch with our agent right now to get all the details
WHY WORK WITH HK PINOY
MTOs will receive more customers due to being affordable and reliable service
NOW MTOs CAN OFFER BETTER SERVICE TO THEIR CLIENTS
Without taking a profit loss.
Most payout partners charge MTOs between 1% and 2% on each transaction. We charge ZERO.
MTO will save an average of €1,500 for every 1000 transactions sent through HK PINOY payout network.
These savings can be shared by MTO with their clients through lowering client’s transaction fees.
Join our network and add 1-2% value to your business, instead of paying it in fees!
WHY HK PINOY BETTER
Offer more payout options to senders and receivers and increase their loyalty
100 000+ PAYOUT LOCATIONS ACROSS THE COUNTRIES
Gives us the advantage of being the widest payout network on the market.
With HK PINOY payout network MTOs can process transactions through popular mobile operators.
This means that every location of mobile companies, like Orange, Moov, MTN, Airtel, etc., is available to end clients to receive a payout in mMoney or Cash.
If recipient doesn’t have a phone, they can still use these locations to receive cash through mobile payout code technology.
HOW TO BECOME HK PINOY CLIENT
To become HK PINOY client MTOs must complete the following procedures
REQUIRED LEGAL DOCUMENTATION
For Money Transfer Operators:
Sign a Non-Disclosure Agreement
Complete and sign HK PINOY’s KYC Form
Provide your company documents for due diligence
Negotiations of basic terms & conditions of cooperation
Review a correspondent agreement
To setup a meeting, please use form below to get in touch with our manager in your country.