International Wire Transfer
Traditionally when you do wire transfer you get a low exchange rate. You need to go to a third party company like Transferwise, Xoom or paypal to transfer money. How would a customer like it if he is in bank account and still get a good exchange rate offered by Transferwise or Xoom?
We integrated Transferwise platform with Q2 platform bank SFCU. SFCU members can automatically create a Transferwise account staying within the SFCU online banking. SFCU members get a better exchange rate and transfer money internationally.
We have used Q2 SDK and Transferwise API to build the integration. We built the front end in Tecton.
SFCU members are able to send money at a good exchange rate. The app would soon be available for all Q2 banks