Retain Immigrant Members with Affordable Remittance
Replace $45 wire transfers with $4.99 branded remittance. Keep members, grow deposits, and add revenue.
Member Retention
Stop losing immigrant members to fintechs. Offer the remittance service they need — under your brand.
New Revenue Stream
Earn $3-8 per transaction. A 50,000-member credit union can generate $200K+/year in remittance revenue.
CFPB Compliant
Full Remittance Transfer Rule compliance built in — pre-payment disclosures, error resolution, digital receipts.
Deepen Relationships
Members who use remittance are more likely to use other products — loans, credit cards, savings.
Wire Transfer vs. Platly
See how Platly-powered remittance compares to traditional wire transfers.
| Feature | Wire Transfer | Platly |
|---|---|---|
| Cost to member (on $300) | $45-55 | $4.99 |
| Delivery speed | 2-5 days | Minutes to hours |
| Your branding | ||
| CFPB compliant | Manual | |
| Mobile app | ||
| Revenue per transaction | $0 | $3-8 |
| Member satisfaction | Low | High |
Trusted by Operators Nationwide
Hear from remittance operators building with Platly.
“We went from zero to 300 transactions per month in our first 4 months. Platly made it possible for a grocery store to become a money transfer business.”
Store Owner
Community Market, Miami
“Our immigrant members were paying $45 for wire transfers. Now they pay $4.99 through our branded remittance service. Member satisfaction is through the roof.”
VP of Member Services
Midwest Credit Union
“I wanted to serve the Somali diaspora in Minneapolis but didn't have the technical skills or compliance knowledge. Platly handled all of that.”
Corridor Entrepreneur
Minneapolis, MN
Ready to Launch Your Remittance Business?
Join operators who are building profitable remittance businesses with Platly. No technical expertise required.