Payments

Alviere expands remittance options with cash-to-cash kiosk integration

Photo: Adobe Stock

November 20, 2024

Alviere, an embedded finance platform provider, has launched a feature that allows enterprise clients to offer cash-to-cash cross-border remittance capabilities, according to a press release. The expansion enables customers to initiate cash remittances from kiosks in the U.S. and facilitates cash pickups in over 100 countries.

This development aims to address the significant need for cash access in remittance flows, particularly in regions like Latin America. By integrating cash-to-cash remittances into their offerings, businesses can cater to a wider range of customers, including the unbanked and underbanked.

Alviere streamlines the process for businesses by handling regulatory compliance and offering support for in-store cash loading solutions. This enables businesses to focus on their core operations while leveraging Alviere's technology to provide enhanced financial services.