NY-based Regalii has expanded its remote bill pay platform to India. Regalii was the first company providing a mobile cross-border payment between US and Latin America.
The company also expanded to Philippines and last year to Mexico, Guatemala, Honduras and El Salvador.
The company launched in 2013, where it had a successful pilot in the Dominican Republic, resulting in nearly 70,000 users in that country alone.
Regalii has launched its remote mobile bill pay services expansion to India and the Phil-ippines ahead of companies like Xoom, and accelerating their global operations to meet consumer demands and need for an alternative for faster-easier service.
In 2013, Regalii was the first company providing a mobile cross-border payment between US and Latin America. The company’s Asia expansion already includes 100 new vendor partners to accept payments through Regalii, a majority in India. Traditional remittance to India and the Philippines is roughly $97 billion and Regalii’s eye on the prize is the roughly 7% or $6 billion used for utility payments.
Regalii is the first and only remote bill pay platform that gives the user control and full transparency. Users can visit http://www.regalii.com from any mobile device and link recurring bills – tuition, utility bills, insurance and loan payments – and see live bill balances, due dates and receive reminders and savings tips – all in one place, at no additional charge. Users can also choose to set up automatic bill pay with Regalii, for a small flat fee of $2.99 for any bill amount, competitive to Xoom. Regalii allows users to budget all of their family’s finances back home reducing the inherent risk of family members carrying large amounts of cash.
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