Cross Border White label financial services are relatively new, but they are already part of the digital offerings in many markets worldwide. Regulators, who were once skeptical, are now understanding the value of white labeling. It might be the right solution for you. Ask us.
White labels (private labeling) has long been a widespread strategy in retail, where products are made by third party manufacturers and sold under a retailer’s name. The cost to manufacture is much lower resulting in higher margins and increased revenue for sellers. China learned that early on and grew its manufacturing sector tremendously.
Possibly the biggest benefit of private labels is that they eliminate the cost and pains of having to design and build a new product or service — especially when entering a new market. By outsourcing the entire process and leaving those details to the experts, sellers can instead focus on what they excel at: branding and marketing the finished product or service.
Because the advantages of this strategy are so multidimensional, it’s no wonder private labeling is growing in service-based industries. Digital services that require technological innovation and constant updates are taking white labeling to another level. And when regulation and licensing is involved, the benefits become huge. Businesses looking to develop new offerings can now easily outsource entire technology stacks and costly regulatory and compliance management.
White label financial services are relatively new, but they are already part of the digital offerings in many markets worldwide. Regulators, who were once skeptical, are now understanding the value of white labeling. White-Label Solutions that provide more than the use of an outsourced technology are called an As-a-Service Solution or XaaS
In the International Money Transfer & Cross-Border Payments Industry, we have 3 major XaaS being developed and offered: Remittance as a Service – RaaS, a P2P solution; Payments as a Service – PaaS, a B2B solution and Mobile Wallets as a Service – MWaaS, a P2P solution that can bundle other services such as a RaaS Solution. We, at Mohr World, are advising providers and resellers, helping to bridge the gap and bring solutions. Contact us. We can send you our digital brochure before we meet to discuss your needs.
From 2021 on, the expansion of RaaS will be huge. We have been at the forefront of the RaaS development solutions for the International Money Transfer & Cross-Border Payments Industry and the improvements in the last couple of years have made RaaS a possibility that cannot be overlooked. If you want access to the US & European peer-to-peer money transfer market, if you have a brand or want to develop one, RaaS is a service you should consider today. Overseas Banks, MTOs, fintechs, mobile networks, and retail networks will be the firms that will benefit the most. We can help you. Consultations are free. Contact us.
PaaS solutions are still in the development phase. You can outsource a P2P payment platform, that service is available, but a PaaS Solution that includes the Regulatory & Compliance components is still in the works and at Mohr World we are working with providers as we already have interested clients. B2B cross-border solutions are still a new branch of the industry, in constant development, with fintechs eagerly developing solutions that will contest the grip that banks have in the B2B cross-border market.
We have solutions that we can help you set up and advise you, from the get-go, to the development of the service as well as targeted marketing campaigns to make your XaaS offering a very successful undertaking. Contact us. We can send you our digital brochure before we meet to discuss your needs.
CaaS solutions are P2P Domestic Crypto Solutions. Already available in the US, this CaaS Solutions can offer companies a way to provide clients with a Crypto buying and/or selling solution. Stand-alone kiosks and ATMs are getting very sophisticated, with KYC and Security improvements to make an operation run smoothly and efficiently. Cloud Solutions and Crypto Wallets are being developed too. Besides some solutions already in the market, Mohr World is actively looking for CaaS providers to spearhead their implementation in the marketplace..
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