Volume Payments and RemitSo Partner to Slash Remittance Costs for UK and European MTOs

Quick Summary

Volume Payments and RemitSo have partnered to provide real-time account-to-account payments for Money Transfer Operators (MTOs). This integration slashes customer funding costs by bypassing card networks, automates compliance, and allows MTOs to scale transaction capacity by 500% while reducing manual compliance efforts by 93% across UK and European corridors.

How Does Volume Payments Solve High Remittance Costs?

Volume Payments addresses the high cost of international transfers by replacing traditional card-based funding with real-time account-to-account payments. By leveraging Open Banking rails, the platform removes the "hidden tax" of card network fees that typically plague UK-Africa corridors. This infrastructure allows MTOs to offer more competitive rates to consumers while protecting their own margins.

• Elimination of traditional card fees through direct bank-to-bank transfers.
• Instant funding that ensures liquidity for MTOs and faster payouts for recipients.
• A unified system that replaces fragmented third-party software with a single automated loop.

What Results Has the RemitSo Integration Delivered?

The partnership has already proven its value through a live deployment for a UK-based MTO serving East Africa. The automated remittance infrastructure allowed the operator to handle seasonal traffic spikes that previously caused legacy systems to crash. By automating the heavy lifting of compliance, the solution enables lean teams to manage enterprise-level volumes securely.

• 500% increase in transaction capacity without additional headcount.
• 75% reduction in customer support costs due to smoother transaction flows.
• 99.9% platform availability maintained even during high-traffic promotional periods.

How Does This Partnership Automate Compliance?

The core of the RemitSo and Volume Payments alliance is a rule-based compliance engine integrated directly into the payment flow. This architecture enables real-time due diligence and autonomous payout processing, shifting the operational model from manual intervention to high-speed automation. This ensures that MTOs do not have to choose between rapid growth and regulatory safety.

"For a long time, money transfer operators felt forced to choose between growing fast and staying compliant. We wanted to break that trade-off. By automating the heavy lifting around compliance, a lean team can securely manage massive, enterprise-level volumes without skipping a beat." said Vivek Sharma, CEO, RemitSo

FF NEWS TAKE:

This partnership definitely moves the needle by tackling the two biggest pain points in the remittance sector: real-time account-to-account payments costs and compliance bottlenecks. By integrating Open Banking directly into a dedicated remittance core, Volume and RemitSo are effectively commoditizing high-speed, low-cost transfers. For MTOs, this isn't just an upgrade; it is a survival requirement in an increasingly margin-compressed market where automated remittance infrastructure is the only way to scale.