Need to send money to friends, family or loved ones living abroad? With Moreta Pay, you can send funds quickly and easily, all without the hassle of visiting a remittance service provider or paying excessive fees. Moreta is a mobile payment platform built to change how you spend, manage and move money, providing a quicker and more cost-effective alternative to conventional remittance options.
How It Works
Global remittance is notoriously expensive and challenging. While things have improved in many ways over the last few decades, traditional methods still come with unnecessary delays and excessive fees. Moreta Pay aims to change that, giving people like you an easier way to send funds to individuals. Whether you're a traveler, an expat looking to support family or a digital nomad needing to remit funds to a landlord, Moreta makes the process easier than ever before. Once you create a Moreta account and verify your identity with your passport and a selfie, you can fund your account on your terms. Connect your bank account, initiate a bank transfer or deposit funds with a card. The choice is yours, and you can easily add funds whenever you need.
When it's time to send funds to someone in Southeast Asia, you can do so directly within the Moreta app. All you have to do is scan a QR code tied to your recipient's personal bank account. Alternatively, you can use Moreta Pay to perform a direct bank transfer. Either way, the process is quick and easy. In most cases, your recipient will see those funds in their account far faster than if you used a standard global remittance service provider.
Send Money Across Borders Quickly & Securely
Sending money across borders can be risky. Those funds often have to travel between multiple payment networks. Furthermore, many remittance companies require recipients to pick up funds at a store or local branch, adding yet another barrier and delay to the mix. There are many ways that things can go wrong.
With Moreta, you don't have to worry about any of that. Moreta Pay is an ultra-secure platform that does direct remittance to your recipient's bank account. When you add funds to your account, your money is insured and stored with trusted banks. You also benefit from strict identity checks, 24-hour fraud monitoring and real-time account alerts. Move your money with confidence, no matter who you're sending funds to.
What Makes Our Remittance Service Different
Moreta Pay brings global remittance into the 21st century, offering a quicker, safer and more convenient option. The biggest thing that sets Moreta Pay apart from traditional remittance providers is that you can do everything directly from your smartphone, and you have two different ways to send money.
With other global remittance companies, you often have to visit a local branch, provide tons of personal and financial information about your recipient and pay exorbitant fees. Depending on the amount you send, you'll face a cost of $50 or more to send money to friends or loved ones. As if that weren't frustrating enough, your recipient also has to jump through hoops to receive that money. Moreta Pay cuts through the fluff, allowing you to send money directly to your recipient's personal bank account. You have two ways to do this. The first is to scan a QR code. Many financial institutions throughout Thailand, Vietnam, the Philippines and other countries in Southeast Asia allow account holders to generate a personal QR code tied to their accounts. With Moreta Pay, you can scan that code and send money as if you were paying a merchant. The other option is to perform a bank transfer by providing banking information. Whatever option you choose, Moreta streamlines the process to get funds to your recipient faster and more conveniently than you ever thought possible.
Benefits of Sending Money Overseas with Moreta Pay
There are many reasons to choose Moreta Pay. Beyond the convenience factor, Moreta prioritizes competitive pricing and complete transparency. Other remittance options can cost a fortune, especially when you're sending large sums of money. That's not the case with Moreta. You pay less to move your hard-earned funds. More importantly, you get full transparency about your exchange rate and applicable fees. Moreta Pay doesn't impose any hidden costs, and there are no eye-watering markups like there are with other remittance providers and banks. See how much that transfer will cost you up front, in your local currency.
With Moreta, you send funds in your currency, but your recipient receives the money in theirs. Currency exchange happens when you initiate the transaction, ensuring you get the most current mid-market rate. In addition to being easier and more cost-effective, Moreta offers greater flexibility for a wide range of people. Whether you're a balikbayan needing to support your family back in the Philippines or an expat needing to send a large sum of Baht to your landlord in Chiang Mai, you can do it all with Moreta Pay.
Start Sending Money Abroad in Minutes
Sending money overseas doesn't have to be complicated or expensive. Moreta Pay gives you a better option for global remittance, offering speed, convenience, transparency and security. Transfer funds on your terms and eliminate the hurdles of using a traditional remittance provider. Check out the Moreta Pay app today to learn more and see for yourself just how easy global remittance can be.
