Send Money Smarter
An exceptionally affordable way to send remittances to mobile money platforms globally. Send money to 16 countries and counting with the Telcoin App.
USD 1.00 = PHP
Actual rate and amount received by beneficiary may vary from what is shown on the calculator due to timing and other factors.
The average cost of sending $200.00 to mobile wallets via
Average cost based on competitor website data on April 19, 2022.
There’s no such thing as a free remittance
Traditional remittance companies often get away with claiming their services are "free" because some don't charge a fee to send money. The trick is, their "fee" actually comes from the foreign exchange rate between the currency being sent and the currency being received. In reality, the World Bank reports that the global average cost of sending a remittance is more than 6 percent.
Even in a competitive remittance corridor, like the US to the Philippines, sending $200 costs more than 4 percent on average. Our pricing is transparently shown in real-time in the Telcoin App, and sending the same $200 from the US to the Philippines costs just 1.2 percent.
That's $2.40 in total fees versus $4-$12 or more when using the competition. And every dollar counts when family is involved.
Send money to 16 countries and counting with the Telcoin App
Telcoin works with telecom and mobile money providers globally, enabling direct connections to trusted platforms that are already used by millions.
The Telcoin App now supports fiat remittance from Canada and the United States to 16 countries. Use your bank account to send to the following countries/mobile money platforms (additional corridors coming soon).