- Currently available in Canada as a sending market, QicSEND sends remittances to more than 30 countries and has proved to be a viable alternative to banks for global payments and transfers to unbanked areas.
Whilst some operators, such as Moneycorp and Xpress Money are now focusing their expansion plans to South America, QicSEND – a Toronto based global money transfer and payment platform – is aiming to supplement an additional $6 billion remittance market for the company bringing its instant and guaranteed money transfer service to India, Sri Lanka and the Philippines. With this expansion QicSEND customers can now send instant money transfers anytime and anywhere online to family and friends to more than 30 countries worldwide.
Although it is currently available in Canada as a sending market with plans for additional key transfer originating countries to be added in the near future, QicSEND is one of the few fully operational, compliant and licensed platforms in the world enabling risk-free and fraud-free instant transfers. Its payment platform has state-of-the-art technology that allows customers to sign up for and send money transfers instantly from web or mobile apps. Its platform also offers a full range of pay-out options from cash pick-ups and deliveries to bank and mobile account transfers, providing its services to even unbanked areas.
"We are very excited to launch globally and bring our industry leading, instant transfers to India, Sri Lanka and the Philippines," said Hari Nesathurai, Founder and CEO of Mercury Mercantile Technologies, which owns and operates the QicSEND brand. "QicSEND's customer-focused, digital platform offers a faster, easier, risk-free experience with better foreign exchange rates. This expansion will enable more hard-working migrant workers to send money home to their families abroad."
