How EzyRemit Drives Borderless and Seamless Education & Family Payments via PayTo

Of Australia’s 27.2 million-strong population, statistics show that 31.5% were born overseas. For the many Aussies with family in other parts of the world, whether they are permanent residents or are living here while they study, there will inevitably be a need to send money across borders.

In the past, long delays, complex processes, and a lack of transparency have made international payments a strain, but Australian startup EzyRemit is changing the game.

Founded by finance- and tech-minded friends Quoc and Allan, EzyRemit was built on a shared frustration with the challenges of international money exchange. Quoc found it unnecessarily difficult to support family back home in Vietnam, while Allan saw his clients struggle to make time-sensitive global investments. Together, they set out to build a service that reimagines foreign transfers.

Today, EzyRemit offers a full suite of payment services tailored to individuals, businesses, and international students, and the platform is on a mission to improve the connection between people, payments, and possibilities.

How EzyRemit Works

EzyRemit offers a simple and reliable way to send money overseas for personal, educational, or business purposes. Users start by selecting the type of payment they want to make, whether it’s supporting family, paying international tuition fees, or handling cross-border business expenses. They then enter the recipient’s details, choose the amount and currency, and confirm the payment using a supported method such as direct bank transfer or PayTo.

The platform provides competitive exchange rates and low fees, making it a cost-effective option for international payments.

Once the payment is confirmed, users can track its progress in real time through the EzyRemit platform. This transparency offers peace of mind and removes the uncertainty that often comes with traditional remittance services. Funds are typically delivered quickly, helping users meet important deadlines or provide support to loved ones without delay.

With a user-friendly interface and a focus on convenience, EzyRemit is designed to make cross-border payments fast, easy, and stress-free.

EzyRemit’s Payment Solution Challenge

Before teaming up with Monoova, EzyRemit was facing the same issues plaguing the broader international payments space.

For individuals:

Transfers came with high fees and exchange markup rates
There was a lack of visibility around transfer status and when funds would clear
Accuracy and security were a concern

For students:

Education payments were difficult to make from overseas accounts
Processing times were slow and unpredictable
Currency fluctuations caused inaccurate payments
There were concerns around fraud, scams, and security

For all users, these challenges meant missed deadlines, delayed support for loved ones, and a lack of confidence when sending money across borders.

Meanwhile, traditional payment infrastructure didn’t offer the flexibility or speed EzyRemit needed to scale and achieve its targets.

Borderless and Seamless Education & Family Payments, Powered by Monoova

EzyRemit needed a payment solution partner who could support both their customer-first approach and their ambition to grow. It was essential to find a provider with deep regulatory understanding, reliable infrastructure, and a shared commitment to innovation.

Monoova stood out as being able to deliver on all fronts. Through seamless API integration, EzyRemit gained access to modern payment capabilities that allow the business to offer fast, secure, and flexible payment options without compromising on compliance or user experience.

Monoova’s industry knowledge, real-time support, and robust technology made the implementation process smooth and scalable, giving EzyRemit access to:

PayTo — a digital payment method developed by the Australian financial system to allow businesses to initiate real-time payments directly from a customer’s bank account without the need for authorisation every time. This faster, more transparent alternative to direct debit offers far more control and convenience to both senders and recipients.
Wholesale foreign exchange rates — more competitive FX rates mean EzyRemit can offer cheaper rates to its customers, and this means more funds in the pockets of family and friends.
Fast, same-day foreign transfers — cash arrives sooner, giving EzyRemit faster access to funds so it has better liquidity and less need to borrow short-term funds via an overdraft.
Improved forecasting capabilities — the reliability of same-day fund deposits helps EzyRemit’s treasury team to plan more accurately, reducing the need for buffers and emergency funding.

With Monoova’s Support, EzyRemit Users Can Now:

Send and accept fast and secure payments with real-time processing
Set up PayTo agreements for automated transactions
Easily send funds across borders and to local education providers, and set up recurring payments
Transfer funds to overseas family and friends on demand
Have confidence that the amount they send is the amount that will be received
Avoid expensive foreign exchange or transfer fees

Clients who don’t wish to use PayTo have a range of other payment options, including using credit cards, Apple Pay, PayID, and more.

Monoova’s infrastructure handles the heavy lifting behind the scenes, giving EzyRemit a reliable, compliant, and scalable payment solution without the need for complex development or maintenance in-house.

General Manager for EzyRemit, Elaine Tran, says:
“At EzyRemit, our goal is to make sending money overseas simple, secure, and stress-free. We want our customers to focus on what matters most, while we take care of their payments seamlessly.”

International remittance and paying education fees are now a breeze for expats and students living in Australia, thanks to EzyRemit and Monoova.

About EzyRemit

EzyRemit’s real-time payment services have revolutionised financial connectivity for migrants worldwide. From its humble beginnings with two founders, this Australian business now operates six global offices, employs over 70 staff, and serves millions of users in more than 50 countries.

Visit the website: www.ezyremit.com to find out more.

About Monoova

Monoova is a leading provider of intelligent payment solutions, helping businesses optimise their payment processes, enhance customer experiences, and scale efficiently.

Visit www.monoova.com or read Monoova’s PDS/FSG to find out more about our payment solutions and services.

For media enquiries, please contact: PressEnquiries@Monoova.com

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Disclaimer:
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