๐ US Payment Platform Alviere ๐บ๐ธ Launches Integrated Cash-to-Cash Cross-Border Transfers
๐ US Payment Platform Alviere ๐บ๐ธ Launches Integrated Cash-to-Cash Cross-Border Transfers
Alviere introduces an innovative option where retailers can offer money transfer services both in physical stores (to attract more customers) and integrate them into existing apps, fostering greater user engagement.
โก๏ธ This service is clearly aimed at corporate clients.
โก๏ธ Cash receipt will be available in 100 countries, primarily in Latin America. Alviere also holds a US MTL license, allowing money senders in the US to deposit cash into their wallets through tens of thousands of locations nationwide, as well as support full cash transactions.
โก๏ธ Context: According to Mastercard, over 50% of money transfers worldwide are made to people without bank accounts, who prefer cash payments. This trend is especially prominent in low and middle-income countries, where, according to the World Bank, 656 billion USD flowed last year.
#news #USA
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