Money transfer business calculator
Planning your own money transfer app? See what transfer fees and an exchange rate margin could bring in each month, after your costs, from your own numbers. Free, no sign-up, nothing leaves your browser.
- 1Pick who to pay and type the amount
- 2Tap send and it is on its way
- 3It lands in their account
Every figure here is only an example: put in the fees you plan to charge and the costs your partners quote you. It leaves out staff, marketing and compliance costs.
How money transfer businesses make money
Most charge a transfer fee, add a margin to the exchange rate, or both. Behind the scenes, a money transfer operator settles with its partners in bulk rather than moving each payment separately, and its partner in the other country pays out to a bank account, a wallet or for cash collection.
What it takes to start one
Money transfer is regulated almost everywhere, so a money transfer operator needs a licence or registration, or to work under a licensed partner, plus identity and anti-money laundering checks, and payout partners in the countries it serves.
See it happen
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
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.
Launch your own money transfer app
SendPay Transfer platforms let you launch a money transfer app under your own brand, powered by licensed partners. It is free to design and preview, and you launch when you are ready. SendPay tells you in writing which licences apply to your platform before you launch.