This past Friday, June 16, 2017, SolidTrust Pay is proud to announce that we joined 90 other leading payment processors and online money transfer operators in recognizing the International Day of Family Remittances (IDFR) and signing the IMTC pledge to work together to enhance innovative financial technology, provide greater efficiency and lower costs for a more accessible financial sector to all.
We chose to show our support by making all member-to-member transactions completely free on that day! Below are the results, which we’ve decided to share publicly to inspire and encourage others in our industry to act.
On June 16, 2017, $10,116.62 was sent through SolidTrust Pay in a total of 122 transfers to/from 39 different countries without paying a single cent in fees! The majority of the transfers were made from the UK, Canada, the US, Pakistan and Japan and among the top receiving countries were Serbia and Singapore.
We’re pleased with the results of our first participation event in the IDFR, and we look forward to making an even bigger contribution next year!