Canadians with dependents abroad can make instant, secure, and free transfers to countries around the world using SelectCore remittance solutions. Once the user makes the order, funds appear instantly in the recipient accounts and are confirmed with a text message on the mobile phone.
Because SelectCore’s revenue model is based on transaction fees from end merchant redemptions, both parties are saved the costly commissions charged by traditional wire transfer services.
The service has proved very popular for topping up mobile telephone accounts that help loved ones keep in touch over great distances. SelectCore offers airtime top-up for more than 70 mobile operators in 50 countries representing a market of nearly 400 million.