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Remitly: Send Money & Transfer

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Remitly is a mobile application that facilitates international money transfers for individuals. It allows users to send money to family and friends in over 170 countries, offering various delivery methods such as bank deposits, mobile wallets, and cash pickup locations. The service emphasizes secure, fast transfers with competitive exchange rates and low fees for senders, while recipients do not pay fees.

Features
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Must Have

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Payment Processing

Developer API Integration

Billing & Subscription Management

Fraud Detection

Dashboard & Reporting

Other

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Stripe Connect

Stripe Issuing

Stripe Terminal

Stripe Treasury

Stripe Atlas

Stripe Capital

Stripe Sigma

Stripe Tax

Stripe Invoicing

Multi-Currency Support

Global Payment Methods

Webhook Event System

Customer Portal

Identity Verification

Rationale

Remitly is a money transfer service for individuals to send money internationally, primarily for personal use. It focuses on remittances, allowing users to send money to family and friends abroad with various pickup and delivery options. This differs significantly from Stripe's core offering, which is a payments infrastructure platform designed for businesses to accept payments, manage subscriptions, and handle financial operations. Remitly does not offer developer APIs for businesses, billing/subscription management, or fraud detection tools for merchants, which are must-have features for the Stripe Payments Platform concept.

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