FAQ | RemitONE

FAQ:Pricing Models

FAQ | RemitONE

Can a client start on the rental model and move to the sale model later on?: Yes you can. You can start with the rental model and when you move to the sale model, we will discount the rental setup fee from the sale price for you. You can move to a different pricing model anytime you want; no restrictions at all. Read here on more information about pricing.
How much does the RemitONE platform cost?: RemitONE caters to the needs of all types of money services businesses, be they start-ups, SMEs, money transfer operators, mobile network operators, banks and post offices. Our prices vary depending on a variety of factors including your business model, the product or service you are after and the size of your business and the monthly transaction volumes you do or plan to do. For more information on pricing, please contact us.
What type of pricing models do RemitONE have?: RemitONE offers two types of pricing models – rental and sale. The rental model is a Software-as-a-Service (SaaS) model where the client pays a one-off setup fee for the product and then pays a monthly rent which depends on the number of transactions the client makes per month. Hardware (hosting, IT infrastructure) and software (support and maintenance) costs are included in the monthly rent.

The sale, or on-premise model is a license/DIY model where the client buys the license to use our systems. For more information on pricing, please read here.
Can a client start on the rental model and move to sale model later on?: Yes you can. You can start with the rental model and when you move to the sale model, we will discount the rental setup fee from the sale price for you. You can move to a different pricing model anytime you want; no restrictions at all. Read here on more information about pricing.

What others say

As part of our global expansion strategy, we wanted to have a robust money transfer platform that is easy to configure and deploy to enter into the new markets faster while having a solution that can offer both online as well as agent based money transfer modules. RemitONE has provided the right platform that matched our expectations and enabled us to obtain the license from FCA in the UK within a very short period of time

Ibrahim Muhammad, Director
Al Fardan Exchange Limited UK

The RemitONE platform has been built to meet the needs of all types of banks and money transfer operators. It has been developed with a thorough understanding of the remittance market and therefore addresses the specific needs of the industry – this contrasts with a number of other systems which are really adjusted banking systems and are not appropriate for remittance operations. The RemitONE platform is appropriate for businesses around the world and is particularly strong for managing agent networks and compliance.

Leon Isaacs, Managing Director
Developing Markets Associates

As an established leader in remittance in the Caribbean, JMMB went through a rigorous evaluation to modernise our remittance platform. After a successful pilot confirmed the selection of RemitONE, a detailed migration of the existing services and data was completed. The strong functionality of the RemitONE platform allowed JMMB to implement with minimal customisation and the regular updates to the platform continue to add value to our business.

Ernest Edwards, Manager - Group IT Projects
JMMB Group