CATEGORY: Open Category
NAME: Fernando | Gutiérrez García Zepeda
APPLICANT TYPE: Company
We provide a real-time Fintech solution (API) to process remittance to Mexico to Bank accounts, Debit Cards and Mobile Accounts in an 24*7 window service to any Bank, or Financial institution conected witn Mexico Central Bank INTERBANKING ELECTRONIC PAYMENT SYSTEM (SPEI®) http://www.banxico.org.mx/sistemas-de-pago/informacion-general/sistemas-de-pago-de-alto-valor/interbanking-electronic-payme.html.STP has authorization by Mexico Central Bank as a fintech SPEI Participant http://www.banxico.org.mx/monspei/#todos
And as a money transmitter company authorized by National Banking and Securities Commission http://www.cnbv.gob.mx/PrevencionDeLavadoDeDinero/Registro-de-Centros-Cambiarios-y-Transmisores-de-Dinero/Paginas/default.aspxWe provide our clients (MSB) as well a Certified validation from Mexico´s Central Bank (Electronic Payment Receipt (EPR)) of the remittance benefitiary Name and Tax ID in order to prevent fraud and strenght AML compliance process.
We are sure that STP in a few years, will commoditized remittance fee and technologý to all MSB and Money Transmittor Companies worldwide sendind money to Mexico in real time, to Bank accounts, Debit Cards and Mobile Accounts in an 24*7 window service with a fee per transaction lower than 50 cents.
We are very proud what we acomplished so far paying more than 1,000,000 remittances to our fellow Mexicans.
SOLUTION IS LIVE? Yes