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Online Payments

Atom Solutions to launch new remittance service

Friday 28 December 2018 | 10:20 AM CET

The Japan-based fintech company Atom Solutions has announced that it will launch an international remittance service starting in March 2019.

According to Mobile Payments Today, the remittance rate will be 0.5% above the interbank and the service will have a sending fee of around five cents.

In addition, the company will offer remittance services between South Korea and the Philippines and expand into 10 countries. The service will not be offered through traditional banks, but using peer-to-peer transfer through an Eternal Wallet, of which there are about 40,000 users.

More: Link
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