Global digital financial services provider, Remitly, (NASDAQ: RELY) has partnered with Australian based payments solutions provider, Monoova, to enable faster and more affordable international money transfers from Australia through PayTo. With over 7 million customers worldwide, Remitly enables customers to send money overseas to loved ones, having processed more than $54 billion USD in international remittances in 2024.
As demand for real-time payments continues to rise, Kym Whitford, Head of Asia Pacific Remitly, shares why Remitly is adopting PayTo for Australian customers and why they chose Monoova as their preferred #payments provider of PayTo. PayTo is the modern digital payment solution that enables individuals and businesses to make real-time payments from their bank account.
“We are collaborating with Monoova to implement a new payment feature in our app and on our website called PayTo. PayTo is a new way for customers to pay. So when we are looking at who to collaborate with, it’s really important that we have providers that have, really great technology, have a focus on innovation, can integrate really quickly, and are very trustworthy and credible business. We have found Monoova has absolutely meet all those criteria and has been a really great business to collaborate with on this project. They know the payments landscape in Australia, and I think Monoova has been a fabulous collaborator in that space."
Watch the full video below:
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