International cash transfers made quick, secure and clear with DeeMoney Neo App

With the pandemic boosting the global digital economy and accelerating cross-border payments, persons are continuously in search of hassle-free modes of transaction. However, discovering the best and trustworthy financial service may be difficult because of cumbersome procedures and cash lost to hidden costs and trade charges. DeeMoney, Thailand’s #1 Fintech specialising in cross-border funds, aims to handle these ache factors by providing affordable, transparent, and seamless cross-border fee choices.
DeeMoney is Thailand’s premier and fastest-growing Fintech firm specialising in worldwide funds. The firm is licensed by the Bank of Thailand, with further licences by way of the “International Money Remittance Service Non-Bank Licence” & “Money Exchange and E-Payment Licences”.
DeeMoney has recorded 300%+ progress in the course of the pandemic and has processed THB one hundred Billion + and four Million+ transactions in and out of Thailand to date. This progress has been recognised with awards, including the 2022 Business Innovation Award within the finance class and awards from World Business Outlook for Best Cross Border Payments Solution Provider Thailand and Fastest Growing Fintech Thailand. But the company’s development does not cease right here. A continued emphasis on making international money transfers frictionless has led to the company launching a new app – DeeMoney Neo.
DeeMoney has just lately launched its new app- DeeMoney Neo, with an purpose to empower its customers. The DeeMoney Neo App is a new and improved version of its predecessor – the DeeMoney (Red) App.
Daud Charles, Chief Growth Officer, defined that the DeeMoney group had spent the last 2 years amassing customer feedback and dealing on including it to their merchandise. The result is the DeeMoney Neo App, designed to leverage the ability of know-how, accessibility, and transparency to ensure that monetary systems empower users to expertise the world, not act as a barrier to it.
The clients have various options to select from with the Neo app, DeeMoney has added to its current offerings. It now supports greater than forty countries, with a number of payout foreign money options. Additionally, totally different payout options, together with account credit score or cash pickup services, can be found in some countries. Ultimately, this gives the purchasers the freedom of choice.
Hidden fees abound on the planet of international money transfers. Often, Incredibly or receivers end up paying for expenses that weren’t clearly talked about. In some cases, additional fees and taxes that are charged as a serving to process can be charged to the recipient, unbeknownst to you.
“One thing that DeeMoney strives to do with our services is to be absolutely transparent. Because, with transparency, comes trust” – Mr Eustace Lobo, Chief Operating Officer mentioned.
DeeMoney takes delight in its transparency with the customers by providing a flat payment, meaning there are not any hidden expenses. So, whether or not you’re transferring US$100 or $100,000, the FX price is guaranteed at the time of the transfer. You will solely need to pay the identical flat charge of a hundred twenty five baht (approximately $3.50) for many nations. If you have to switch cash to a loved one living in Singapore, you’ll know precisely how much they’ll receive and how a lot you want to pay in fees. There are no hidden charges or charges. Everything is clear and simply visible to you in the DeeMoney Neo app.
Traditionally, wired transfers with traditional banking would take a quantity of enterprise days for someone to obtain the money. But with DeeMoney, you could be confident that your money will be in the receiver’s account on the subsequent working day, generally even the identical day after the transaction. Mr.Lobo, gave the DeeNext service for example; the service ensures that the money will reach within the next working day. DeeMoney Neo’s clean user interface also ensures you can transfer money with only a few clicks.
Mr. Lobo additionally added the significance of responsive and reliable customer assist. He explained that if customers run into some points, clients tend to hunt instant response and help, so a strong help infrastructure is essential. DeeMoney has a multilingual assist staff which operates 7 days per week. When there is a matter, query or concern, the team’s human operator will not only answer your question however will assist you in tackling the problem and developing with a solution promptly. Moreover, because the staff is multilingual, you will likely be paired with an operator who speaks a language you might be comfortable with.
Security is a paramount concern when conducting on-line cash transfers. Sakchai Siripanyawuth, Chief Technology Officer, explains that since DeeMoney is licensed by the Bank of Thailand, DeeMoney is held to the same rigorous requirements of the banking trade and banking platforms. So, security is remitted, establishing trust with the shoppers.
The in-house technical expertise ensures that the platform is bulletproof by performing regular in-depth safety audits, e.g., making certain that the API (Application Program Interface) is safe. Of course, normal in-app safety such as OTP (one-time passwords) and two-factor authentication are implemented. As such, the system and the new Neo App are secure and reliable. He added that one of many key features of the Neo App is its NFC-enabled digital onboarding expertise which makes for a handy and seamless person experience whereas making it more secure and preventing fraud.
According to a latest survey, Thailand is among the finest nations for digital nomads. The Land of Smiles has a comparatively giant and growing worldwide crowd. DeeMoney offers a seamless and efficient mode for many who transfer cash to wherever they wish, whether or not to their mother and father back home in Canada or their youngster learning in college in the United States. The benefits don’t only limit to worldwide switch; it extends to different monetary companies similar to making funds or issuing bills of trade.
After Extraordinary into the customer’s needs for the past two years, DeeMoney discovered that prospects worth cost-effectiveness, efficiency, transparency and safety. DeeMoney Neo is designed to empower and ship what the purchasers want with its well-improved speed, transparency, security and user interface..

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