PRESS RELEASE

RemitBee Expands International Payment Coverage with New Destinations and Payout Methods

Mississauga, Canada, November 12th, 2026, FinanceWire


RemitBee has broadened its international money transfer coverage, adding new destination countries, currencies and payout methods for Canadian senders. The expansion follows three infrastructure partnerships signed in 2026 — with Visa Direct, TerraPay and Adyen — that collectively extended RemitBee's reach to more than 150 currencies and 200 payment systems worldwide, according to figures cited in Visa's announcement of the collaboration. 

The updated coverage gives eligible customers additional ways to deliver funds across corridors including India, the Philippines, Bangladesh, Ghana, Brazil, Nepal and Indonesia, among others. Depending on the destination, recipients can receive payments through bank deposits, digital wallets, cash pickup, or eligible card payouts. 

Expanded Payout Network 

The biggest shift is wallet-based delivery. RemitBee's October partnership with TerraPay opened digital wallet payouts across several global corridors, letting recipients access transferred funds through mobile wallet services without needing a traditional bank account. 

In markets like the Philippines (where GCash dominates) and Ghana (where MTN Money and Airtel Money carry large user bases), wallet delivery now serves as a practical alternative to bank deposits. 

Bank deposits remain available across all supported destinations. Cash pickup at participating locations continues to serve recipients who prefer physical collection or lack access to digital financial services. And Visa Direct, integrated since May 2026, supports eligible card-based payouts where available. 

The combination is important because receiving infrastructure varies sharply by country. A corridor that works well with bank deposits in India may need wallet delivery in Bangladesh and cash pickup in parts of Sub-Saharan Africa. One payout method does not fit 150 currencies. 

Three Deals, One Buildout 

RemitBee executed three infrastructure partnerships over six months, each addressing a different layer of the payment chain. 

Visa Direct, announced in May, connected RemitBee to Visa's global network for cross-border payouts covering eligible bank accounts, wallets, and Visa cards. TerraPay, signed in October, extended wallet-based delivery across additional emerging market corridors. 

Adyen, also in October, strengthened how RemitBee collects payments on the Canadian sending side, starting with card payments and preparing the company for entry into new international markets beyond Canada. 

Pricing and Transparency Before Confirmation 

RemitBee's consumer service lets Canadian customers review the exchange rate, applicable fees and the exact amount the recipient will get in local currency — all before confirming a transfer. The company publishes its exchange rate margin at 0.3% to 0.8%, varying by destination. Transfers of CAD $500 or more funded by Interac e-Transfer, EFT or bill payment carry no additional transfer fee. 

For businesses, RemitBee's RPass platform supports cross-border payouts through an API and portal, handling bank accounts, mobile wallets and cash pickup across more than 100 countries. 

Wider Market Context 

International remittances to low- and middle-income countries reached US$728.6 billion in 2025, according to the International Fund for Agricultural Development — more than foreign direct investment and official development assistance to those economies combined. 

The Philippines alone received a record US$35.63 billion in cash remittances that year, while India topped US$129 billion. For Canadian senders, services offering money transfer to Philippines, India, Sri Lanka, Pakistan, and other high-volume corridors are responding to that demand with additional payout options and local-currency delivery. 

On the Canadian side, immigrants made up 23% of the population in the 2021 Census. That demographic composition creates steady demand for cross-border payment services connecting Canadian earners to families and financial obligations abroad. The corridors carrying the heaviest volume from Canada — India, the Philippines, Pakistan, Bangladesh and Nigeria — are the same ones where receiving-side infrastructure has changed the most rapidly over the past three years. 

A Consolidated Direction 

Rather than offering one universal delivery method, the company configures payout options by destination, matching how recipients in each market actually access their money. A bank deposit works well for a salaried professional in Mumbai. A mobile wallet reaches a family member in rural Ghana who may not hold a bank account at all. 

The expanded payout methods are available now through RemitBee's consumer money transfer service. Transfer limits, processing times and receiving options may vary by country, recipient bank and account verification level. 

About RemitBee 

Founded in 2015, RemitBee is a FINTRAC-registered Canadian fintech company providing international money transfers and currency exchange to individuals and businesses. The company also operates RPass, a cross-border payments platform for business and institutional clients. More at RemitBee money transfer. 

Website: www.remitbee.com



Contact
Akash Parcha
RemitBee
akash.parcha@remitbee.com
+1-905-232-2232


Disclaimer. This is a paid press release.