Workers’ Remittances are generally defined as cross-border, person-to-person payments of relatively low-value. It’s about any type of payment product or channel (account, cash, cards), including mobile payments; the qPI-WR feature of qPayIntegrator ensures the collections, processing and distribution of remittances using WR pacs.
As a successful result of a several months work in this direction, BIS’ team passed the Technical and Functional Validation for the qPayIntegrator suite within the SWIFT certification programme SWIFTReady Workers’ Remittances.
This accomplishment will be stated in a Letter of Conformity that’s on our way.
We are at the service of any interested commercial bank to fulfill the required certification tests.