SureRemit is an ecosystem of merchants for global non-cash remittances powered by Stellar and the RMT token. SureRemit removes the complexities involved with money transfers. It is not a money transfer service.
The SureRemit Ecosystem is designed to address two major problems immigrants face when executing cross-border and local money transfers:
- The cost of remittances is punitively high. Transferring money via banks and traditional international money transfers operators could cost from 7-12% of the value transferred;
- Over 40% of remittances are intended for specific uses like food, clothing, medicine, school fees or utility bill payments. Senders (immigrants) want to ensure that their money is being utilized for its intended purpose.
The platform connects senders directly to the merchants that serve their recipient's basic needs back home.
SureRemit leverages on the merchant network of SureGifts and other partner merchant aggregators globally, to enable immigrants to send electronic vouchers that can be used to purchase goods and services at several quality merchants back home in a few easy steps.
SureRemit does not facilitate cash transfers, and the vouchers it retails can only be used within a closed (but extensive) network of merchants in the recipients’ country.
You can also use SureRemit to pay UTILITY BILLS and SEND AIRTIME to your loved ones directly.
How does SureRemit Work?
Here is a practical example of how you can send the value to your loved ones in Africa using SureRemit:
Scenario: You want to send a value for groceries to a family member in Nigeria.
• Download this app and register.
• Select Send Voucher
• Select Nigeria in the country option and Food in Category option from the drop-down
• Enter value and pay with your RMT token
Your recipient will instantly receive a voucher to their e-mail and/or phone that can be used (and reused) at your chosen merchant.
SureRemit is expanding across different remittance corridors starting with Nigeria, Kenya and Rwanda with India, UAE, Lebanon, Turkey, Qatar coming soon. If you’ll like to see your country here, please send an email to email@example.com and we will work on making your country available as soon as possible.
- Introducing SureRemit referral program and other improvements.
Ratings and Reviews
The start of a new era!
I love the boys at SureRemit and believe this is going to be one of the leading payment apps! App looks great, excellent leadership, and tons of payment options for customers. I can’t wait to hear the stories of families saving money and time by using SureRemit and the Stellar ecosystem to send loved ones money across the world!
Sign up gave me an error due to having hyphens (-) in my phone number. The error didn’t tell me what was wrong though! Add a description of what needs to be fixed, or allow for flexible input to read phone numbers of all formats.
Other than that, I love the look and feel!
Slick, Easy and Very Inexpensive!!
Downloaded the app and immediately used it to send a friend a Starbucks voucher. Credit Card purchase was seamless. Used a big bank US MasterCard. The many uses for this app are awesome! Besides sending vouchers, you can also donate money to charity.
With Family Sharing set up, up to six family members can use this app.