FASTEST, CHEAPEST, TRUSTED & RELIABLE
LATAM/LAC
PAYMENTS
HOW IT WORKS
01
FAST
Paylac is a Peer-to-peer, Low-Value (Max. USD $500) Digital Payments Wallet for cross-border remittances: Transfer money to any Latin America or Caribbean country via your Paylac mobile wallet via the blockchain at lightning Stellar speeds of just seconds.
02
LOW-COST
Send money to friends & family through the Paylac Peer-to-peer Mobile Digital Wallet at the lowest transparent flat 1.75% fee in the international marketplace, with no hidden foreign exchange rate or inter-bank exchange rate applied - at unparalleled speed.
03
EASY
Just load your Paylac Digital Wallet with MNO top-up, card transfer, linked bank account or Merchant top-up vouchers - and make your P2P transfer payment to any LAC country via the Paylac App. Receive virtually instant transfer notifications. Spend via Virtual Debit, ATM Card or withdraw cash from Merchant outlets.
MEET Paylac
PROBLEM-SOLUTION
Remittance flows into Latin America and the Caribbean (LAC) grew 10% to $85 billion in 2018. Mexico continues to receive the most remittances in LAC, receiving $35.6bn, up 11% over the previous year.
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The problem with cross-border remittances to LAC countries however, is the very high cost [averaging over 6%], and industry-wide slow speeds [of over a day arriving].
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Paylac is the ultimate solution to speed, cost, trust, and reliability.
OUR VISION
Smart solutions are at the core of all that we do at Paylac. Our main goal is not just finding smarter ways to help you send your Low-Value Payments faster and cheaper, but also provide you with a full array of financial services - to help you spend (Virtual Card & VISA ATM Debit Card), pay bills, make Domestic Payments, etc., plus provide access to Credit/Loans and Savings Products - the best financial products available in the international marketplace.
Paylac FOUNDATION FUND
0.5% of the fee goes towards the Paylac Foundation Fund of your destination LAC country, a charitable Foundation that donates to Education, Health, and Infrastructure Sustainable Development Projects as well as funding individual projects and good-cause applications.
WORKING WITH
