PRODUCTS & SERVICES

TransferTo operates a B2B Cross-Border Mobile Payments Network for emerging markets, processing real-time transactions for money transfer operators, mobile operators, digital wallet providers, banks, NGO’s and merchants. Leading companies around the world rely on TransferTo’s mobile payment solutions to perform digital payments.

REVENUE MODEL

Transaction based revenue model

TOP PROBLEM SOLVED

TransferTo has observed that financial services in developing countries are currently inadequate and full of limitations. In such regions, much of the population do not have access to these formal services as they are typically inefficient, inconvenient and too expensive. Additionally, those with access to financial services find that legacy banks do not offer services adapted to customers at “the bottom of the pyramid”. TransferTo provides the missing international payment link to connect emerging markets’ consumers and merchants to the global economy. The company has developed a state-of-the art technology and payment industry-grade infrastructure to achieve this goal in the context of cross-border remittances and payments. TransferTo’s solution provides real-time and secure remittances, payments and transfers, and breaks the closed-loop barrier, allowing any regulated player to join the platform and open to the world.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRODUCT DEVELOPMENT COMMENT

Our product portfolio comprises offerings for both Mobile Airtime (P2P top-ups, Data bundles and Airtime Incentives) and Money transfer services )P2P transfers, mass payouts and merchant payments). These products are supported by the two main branches of our Cross-Border Payments Network: • An extensive international airtime network providing the best means to transfer small value mobile airtime top-ups, • Our money transfer network, implementing real-time, fully compliant and affordable cross-border payments to over 60 countries. By operating a B2B Cross-Border Mobile Payments Network globally, TransferTo’s network aids our customers to target those individuals who would otherwise be unable to access traditional financial services, often in remote areas with no brick-and-mortar bank branches. Mobile phone penetration is growing exponentially in emerging markets, offering a viable method to deliver safe, secure remittances or receive salaries and disbursements from organisations directly to a mobile phone and eliminating the risk associated with cash.

KEY DIFFERENTIATORS

• TransferTo’s fundamental unique proposition is to connect financial services in emerging markets to the global economy. • With shared, transparent FX and fees, there are no hidden costs for our partners. • Our technology is scalable and boasts a simple, single technical interface, operational process and settlement procedure meaning our partners have a sole commercial relationship. • Through our “pre-funding” business model and immediate screening process, all transactions are processed in real-time and fully compliant (licensed by FCA in UK). • The biggest asset of TransferTo is our extensive global network, spanning over nearly 2000 companies in 135 countries, and working in 100 currencies.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Retailers

Enterprise - Others

Small and Medium Business - Physical Retail

Small and Medium Business - Online Retail

Small And Medium Business - Other