The LightRemit App has been successfully launched in Thailand by Inception Technology – a fintech start-up company owned by Lightnet Group, a global cross-border remittance network. This groundbreaking application offers Thai consumers a fast, convenient, and cost-effective solution for outbound transfers from Thailand to over 80 countries worldwide.
With a commitment to transparency and customer satisfaction, the LightRemit App offers a flat fee for every transfer along with a competitive and fully transparent FX rate. Its seamless onboarding process offers to both foreigners and Thai nationals, ensuring an effortless user experience. Additionally, recipients benefit from up to 24-hour fund settlement with multiple payout options available.
Naushad Hussain, Chief Operating Officer (COO) of Inception Technology said: “We believe in addressing the pain-points prevalent in the ASEAN money transfer market. Therefore, we’re proud to introduce a zero-fee FX scheme post-launch, supplementing our innovative money platform.”
Chatchaval Jiaravanon, Chairman of Inception Technology and Lightnet added: “As ASEAN economies require time to recover from financial setbacks. This is precisely where LightRemit steps in. Our goal is to facilitate seamless transactions. We are committed to continually enhancing our payment technologies and broader accessibility for users on a larger scale.”
Furthermore, Inception Technology holds four licenses issued by the Bank of Thailand including Electronic Money, Electronic Payment, Electronic Money Transfer and Money Transfer Agent licenses. We are fully compatible with local and international regulations to ensure that every transaction is secure.
In addition to its core benefits, the LightRemit App utilizes a unique backend system with a seamless and customer-friendly onboarding KYC process. Customers can also receive a personalized money transfer experience tailored to their specific needs.
The LightRemit App is now available for consumers to download from both Android and iOS platforms. To learn more about the features and sign up, visit the company website at lightremit.net or download the app directly from Google Play and the Apple Store.
