Avosend provides a mobile application for fast, commission-free money transfers across 28 countries, utilizing 3D Secure technology to ensure transaction security. The platform addresses the need for affordable and efficient cross-border remittances, allowing users to send money directly to bank cards, accounts, or for cash pickup with competitive exchange rates.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional cross-border money transfers often involve high fees, unfavorable exchange rates, and complex procedures, making it difficult for individuals to send money to family and friends abroad. Many existing solutions lack transparency and can be slow, creating uncertainty for both senders and recipients.
Solution
Avosend provides a mobile application that enables users to send money quickly and affordably to 28 countries. The platform supports transfers to bank cards, accounts, or for cash pickup, offering competitive exchange rates and low commission fees. By leveraging 3D Secure technology, Avosend ensures transaction security and protects users from fraudulent activities. The service aims to simplify international remittances, providing a user-friendly experience with transparent pricing and real-time tracking.
Target Audience
The primary target audience includes individuals who need to send money internationally to family, friends, or for other personal reasons, particularly those seeking affordable and secure transfer options.
Features
- Mobile application for iOS and Android platforms
- Support for transfers to bank cards, accounts, and cash pickup locations
- Integration with Mastercard, Visa, and Mir payment systems
- Real-time exchange rate monitoring and commission fee calculation
- 3D Secure technology for secure transactions
- Transaction history tracking
- Customer support available 24/7
- Multi-language support