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."
Disclaimer: Monoova Payments Pty Limited (ACN 126 015 227 | AR No. 428863) trading as Monoova (Monoova) is the authorised representative of Monoova Global Payments Pty Ltd (ACN 106 249 852 | AFSL 421414) (Monoova Global), being the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services (FSG/PDS). Copies of the FSG/PDS and the terms and conditions of the products and services offered by Monoova and Monoova Global (disclosure documents and terms) are available by contacting Monoova at support@monoova.com. You should consider the relevant disclosure documents and terms before deciding whether to acquire, or continue to hold, the product or service. The information provided on this website is factual information, is given in summary form, and does not purport to be complete. The information set out does not take into account your particular investment objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information having regard to these matters, and in particular, you should seek independent legal, financial and tax advice. To the extent that the communication/document contains information sourced from third parties, statements made by third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by or statements made by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.
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