Remitly
remitly.comBuild Difficulty: 4/5
A few focused days to build a solid replacement
Send or Transfer Money Online with Remitly
How to Replace RemitlyOverview
Features
20 features across 15 categories
Compliance(3)
Verify customer identity to determine sending limits and eligibility
Transfers are not subject to U.S. remittance tax as they are digital money transfers
Set maximum amounts per transfer based on sending country and identity verification
Content(1)
Informational blog content covering remittance taxes, exchange rates, immigration topics, and citizenship
Core Transfer(1)
Transfer money to 100+ currencies across 170+ countries and territories
Delivery Options(1)
Choose delivery method including bank account, mobile wallet, cash pickup, home delivery, or debit card deposit depending on recipient location
Information(1)
Display current exchange rates for popular currency pairs before sending
Monitoring(1)
Track all money transfers in real-time through website and app with transfer history
Notifications(1)
Receive notifications via email, SMS, or push notifications about transfer progress with reference numbers
Payment(1)
Accept debit card and credit card as payment methods for transfers
Platform(2)
Smartphone application available on App Store and Google Play Store for sending money
Web-based interface accessible via browser on tablet, laptop, or computer
Pricing(3)
Provide competitive USD exchange rates and currency conversion rates
Offer low fees for money transfers across various corridors
Display total cost and delivery time before sending a transfer with no hidden fees
Promotions(1)
Special promotional offer available for new customers on their first transfer
Reliability(1)
Promise that every money transfer is delivered on time, or fees will be refunded
Security(1)
Multiple levels of security designed to keep transfers protected, including encryption and fraud monitoring
Support(1)
Provide support through Help Center, phone, and chat services
User Experience(1)
Recipients do not need to sign up with Remitly to receive money
Cost Calculator
Pricing data not available for Remitly. Check their website for current pricing.
Build vs Buy
Should you build a Remitly alternative or buy the subscription? Estimate based on 20 features.
Buy Remitly
Better ValueBuild Your Own
Buying Remitly saves ~$18,480 over 3 years vs building.
Estimates based on 20 features and a BuildScore of 4/5. Actual costs vary.