Intermex enters into a data and intelligence collaboration with our platform.
In a significant move, the market-leading provider of cross-border payments data and intelligence has joined forces with Intermex, a leading omnichannel money transfer service provider. This strategic partnership aims to revolutionise global money transfer operations, harnessing the power of data intelligence to create a seamless and secure cross-border money transfer experience for businesses worldwide.
The partnership will enable Intermex to tap into the platform's comprehensive data, gaining invaluable insights into pricing trends and benchmarking its services against competitors. This collaboration will enhance Intermex's Remittance-as-a-Service (RaaS) platform, offering turnkey solutions that eliminate barriers such as technology development, licensing, and regulatory compliance.
Key benefits of this partnership include:
- A customisable, branded cross-border payments experience across multiple platforms like WhatsApp, mobile apps, and web, improving customer engagement and retention.
- Access to Intermex's extensive payout network, covering regions such as Latin America, selected Southeast Asian countries, the EU, and Africa, facilitating various payout options like cash pickup, home delivery, and direct bank deposits.
- Integrated payment services, merchant account management, advanced anti-fraud measures, and 24/7 bilingual customer support, enhancing security and user support.
- The solution enables companies to unlock new revenue streams by embedding cross-border money transfers into their offerings without lengthy development or compliance challenges.
Marcelo Theodoro, Chief Digital, Product & Marketing Officer at Intermex, expressed that the partnership is crucial for ensuring their services are offered at a just and equitable price. He further emphasised the key to advancing their platform's winning strategy is a focus on crafting a perfect pricing strategy for each channel.
The partnership is expected to help Intermex refine its omnichannel presence and extend its global reach. Our platform's data is used by the world's biggest banks, payments, and tech companies, as well as international bodies like the World Bank and the Financial Stability Board. This collaboration underscores our platform's commitment to empowering payment providers with the knowledge needed to thrive in competitive and evolving markets.
Intermex operates internationally with offices in Puebla, Mexico, Guatemala City, Guatemala, and Madrid, Spain. Ben Disley, Head of Commercial at our platform, stated that the partnership will support Intermex in providing a comprehensive omnichannel experience for its consumers. Our platform offers solutions such as a price engine and sales enablement tool to drive our clients' growth. The partnership is set to deliver a comprehensive omnichannel experience globally.
[1] [2] [3] [4] - Sources for further reading on this partnership and its impact on the cross-border payments market.
- With access to the market-leading provider's pricing dataset, Intermex can refine its pricing strategy to offer competitive and equitable prices in the finance sector, enhancing its business strategy.
- The technology-driven collaboration between Intermex and the platform provider will enable Intermex to leverage data intelligence to create a seamless and secure cross-border money transfer experience while extending its omnichannel presence and global reach.
