TelUPay's Mobile Remittance Services

TelUPay’s domestic and international remittance platform TelUSend connects all of TelUPay’s clients together for remittance transactions and settlements and connects TelUPay’s clients to third party banks and other financial institutions via interchange networks like PLUS, CIRUS, Maestro, ACH, etc., and third party remittance agent networks. The TelUSend platform can be operated as a stand-alone service that is ideal for remittance providers and money transfer operators or is fully integrated into TelUPay’s MBS service, ideal for banking and telecommunication clients.

International Example

The sending customer in country 1 has a mobile account with a TelUPay client and sends funds via their mobile phone to a recipient in country 2 that has one of the following:

1. Mobile account with the TelUPay client
2. Bank account with the TelUPay client
3. A mobile account with any TelUPay client worldwide
4. To any Visa/Mastercard debit or credit cardholder worldwide using Visa’s FastFund and Mastercard's MoneySend services
5. Any third party bank account through international and domestic interbank networks
6. To the unbanked through a TelUPay client’s remittance agent network.

Domestic Example

The sending customer has a mobile account with a local TelUPay client and sends funds via their mobile phone to a local recipient that has one of the following:

1. Mobile account with the TelUPay client
2. Bank account with the TelUPay client
3. A mobile account with other local TelUPay clients
4. To any Visa/Mastercard debit or credit cardholder using Visa’s FastFund and Mastercard's MoneySend services
5. Any third party bank account through a domestic interbank network
6. To the unbanked through a TelUPay client’s remittance agent network