How to grow your payments app with money transfer shops
By SendPay Business Ā· Ā· 2 min read
- 1Pick who to pay and type the amount
- 2Tap send and it is on its way
- 3It lands in their account
On many high streets, the money transfer shop is where people send part of their wages home, often in cash and often every month. Shops earn a fee on each transfer and usually sell phone top-ups and other services too. A payments app that makes their transfers quicker and cheaper can win these shops, and the loyal customers who come back every month.
Talk to money transfer shops
Ask local money transfer shops:
0 of 4 answered
Tick each question once you know your answer.
Make regular transfers quicker
Customers who send to the same people every month can save their recipients in your app, so each visit takes a minute instead of filling in a form again.
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
Let customers send from home too
A customer who sets up at the counter can also send from their phone, while the shop keeps earning on the customers it brought in.
Grow through community networks
Transfer shops serve communities that talk to each other. Win a shop trusted by one community and word spreads to the next shop and the next.
How it works
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Why sign up
Create your free SendPay account
It's all about creating your own financial platform with ease. Start with a free account today.
- šŖŖA free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
- š³Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
- šA free business websiteFree to build, free to publish and free to keep, with unlimited visits.
- šYour own financial platformDesign and preview your whole platform free, then launch when you are ready.
SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.
Questions people ask
What about mobile money agents?
The mobile money agents guide covers shops where people turn cash into digital money and back again.
Mobile money agents āWhat does a transfer cost customers?
The free money transfer cost calculator compares fees and exchange rates side by side.
Money transfer cost calculator āCan I call it a bank?
In most countries "bank" is a protected word you can only use with a banking licence. Call it an account, a wallet, an app or a platform. The accounts and payments behind a SendPay Business platform are powered by licensed partners.
Is there a step-by-step plan I can follow?
Yes. The free launch checklist takes you from picking your people and naming your app to setting fees, going live and winning your first ten customers.
Digital bank app launch checklist āHow do I start?
Pick a template, name it and preview every page before you launch. Your platform can be live on your own domain within 24 hours of confirmation.
Build my platform āRead next
Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.