Remittance & Money/Currency Exchange Kiosk

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According to Precedence Research (www.precedenceresearch.com):
The global digital remittance market size is calculated USD 29.12 billion in 2025, and is predicted to hit around USD 103.26 billion by 2034.


Why Expand Your Money Transfer Services?

The financial sector has undergone substantial evolution over the years, and the potential for further growth in digital remittance is immense. Digital remittances represent not just a new way of credit transfers or cash transfers, but also a hygienic alternative for instant cardless payments. For this reason, fintech companies, like IBS , create innovative products to facilitate people’s access to financial services through technology.

Remittance and Money/Currency Exchange Kiosks (Remittance & Exchange iKiosk)

IBS is a pioneer provider of self-service kiosk solutions and a trusted name in the fintech market. Millions of users are using IBS technology all over the world through 1,300 deployed kiosks; 600 of which are self service remittance and exchange kiosks. Whatever scale of operation you may have, IBS is committed to providing you with the most convenient solution for processing remittances. Our Remittance Self-Service Machines (Remittance SSM) are custom-designed, which means you have the option of choosing the design, colors, components, and features. You can upload your company’s logo or a background image. An advertising module can also be added to promote your products and services while the machine is not in use. A kiosk with customizable features is a great investment for any business.

The IBS Remittance iKiosks are fully automated solutions with compact designs, meaning they can operate 24/7, and be placed in various parts of the city, like exchange houses, banks, financial institutions, and even at public areas like malls and airports. We integrate top-notch hardware with advanced software to guarantee simplified, continuous financial transactions.

IBS Remittance Self Service Machines (SSM) offer the convenience of completing typical transactions such as sending money internationally, viewing balances, printing statements, opening accounts, transferring cash/credit, and paying bills. For instance, users can transfer money to family, friends, and any pre-registered overseas beneficiaries with only a few clicks! Users can also receive money and withdraw it instantly from any nearby Remittance Kiosk. Our smart Remittance iKiosks feature an integrated Remittance Calculator, enabling the calculation of inward/outward remittance transactions, including the applicable remittance fee. Additionally, users can get a summarized report of remittance transactions by simply accessing the Remittance Statement within their account and selecting the desired period.



Integrated within the IBS
Remittance & Exchange ATM

Remittance Calculator

Remittance Statement

Conversion Calculator

IBS also manufactures Remittance & Exchange Kiosks, which offer advanced currency FX and money exchange services in addition to the standard remittance activities. Users can check real-time currency foreign exchange rates, exchange one currency for another, and exchange money speedily and securely. The agility and convenience offered by these Money Exchange Kiosks play a crucial role in shaping the future of money transfers and exchange, making transactions more accessible and efficient than ever.

Companies that have implemented the Infinite e-channels management platform derive the most value, as it seamlessly integrates with Kiosk, Web app, and Mobile app. They can operate, configure, and monitor all channels through one core software rather than managing each channel separately. Authorized personnel can also see live dashboards and reports for each connected machine.

What’s more! Transactions can be done through various payment channels such as:
Cash to Cash | Cash to Card | Cashless, via Debit Card or Mobile

Allow customers to send money securely, within seconds. Contact our experts for a consultation.

Benefits

• Realtime Foreign Exchange (FX) Rates
• Hassle-free money transfers
• Accelerate currency exchange
• Reduced operational cost
• Enhanced queue management
• Boosted sales
• Adoption of technology
• 24/7 availability
• Secure and easy to use
• Cost effective
• Custom made

Functions

• Highest standards of security
• Customized design
• Multiple languages
• Multiple currencies
• Easy installation
• Fast customer data collection
• Enhanced customer experience
• Multiple device integration
• International standard
• Fraud protection
• Easy relocation
• Registration & KYC

Features

• Local Remit
• International Remit
• Cash/Credit Transfer
• Bank Transfer
• Receive Money
• Pay Bills
• View Balance
• Open Account
• Corridor Transfer ( WesternUnion , Money Gram, …)
• Currency Conversion
• Currency/Money Exchange
• Remittance Calculator
• Remittance Statement