Remitly
Send money online to friends and family abroad.
Overview
Remitly is primarily a consumer-focused service for sending remittances, but its platform is also used by businesses for cross-border payments. It offers a large network of payout options, including bank deposit, cash pickup, mobile money, and home delivery, across Asia, Africa, and Latin America. For development organizations, Remitly for Business can be a tool for disbursing payments to individuals in its extensive network of recipient countries.
✨ Key Features
- International Money Transfers
- Multiple Delivery Options (Bank, Cash Pickup, Mobile Money)
- Large Payout Network
- Remitly for Business (Mass Payments)
- Payment Tracking
- API for Payouts
🎯 Key Differentiators
- Extensive and flexible payout network, especially for cash pickup and mobile money
- User-friendly mobile experience
- Focus on immigrant communities and remittance corridors
Unique Value: Provides a reliable and user-friendly way to send payments to individuals in developing countries, with a vast network of cash pickup and mobile money options that are crucial for reaching unbanked populations.
🎯 Use Cases (3)
✅ Best For
- Enables recipients to receive money via bank account, cash pickup, or mobile money.
- Offers a large global network of bank and cash-pickup partners.
- Provides tracking capabilities for transfers.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Complex B2B vendor payments with invoice management
- Accepting online donations
- FX risk management
🏆 Alternatives
Offers more extensive cash pickup and non-bank payout options than Wise or traditional banks, making it better suited for last-mile disbursement to individuals.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Business tier)
🔒 Compliance & Security
💰 Pricing
Free tier: No account fees. Fees are charged per transaction and vary by country, delivery speed, and amount.
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