Active global funding sources - Pay or get paid with local transfers, deposits or checkouts.
PEXBANK is a tech-enabled platform that provides instant payment processing to allow recipients of diaspora remittances to receive money for local expenditure with zero need for currency handling though direct peer conversions.
Signup and complete KYC requirements
Provide or request a choice payment by deposit, transfer or checkout.
Follow process to seal a transaction.
Setup your own rates with simple search or recommendations. Send money from your payment app or service in any country. Obtain converted value to pay directly to your local employees, freelancers, business and vice versa. End the long turns from International Wire Transfers to your bank account with your pexbank CashWallet and cut-off several middleman transactions while saving fees over multiple conversions!
Cut the standard traditional remittance fee of about 9.12% to Africa to less than 4%.
All users must have identities verified to effectively become part of this community.
Specials plans to ensure ultimate payment execution to service cost less than 1%.
Delivering seamless customer support via the online and telephone channels.
Digital banking facilities are available for local withdrawal, transfers, and deposits.
Spend money like a local through virtual cards that allow you to make payments
Over 250+ payment categories and counting.
Offering the most competitive rewards up to 5% of transaction revenue.
Lets share some of the problems peculiar to people in the diaspora and everyone else at home.
Remittances to and from sub-saharan Africa remains the highest at about 9.12% with several middlemen banking profit on remittance losses.
International spending and banking limits are implemented much to our inconvenience.
Less popular countries convert local currency first to USD to initiate transfer, which is converted again to legal tender of destination country
Merchant & freelance payment payouts suffer limitations with geographical restrictions.
Payments fails because global payment gateways often reject local debit/credit cards. You can overcome this by payment facilitation.
Explore the full potential of a unique system
