Spectrum Global Payment Solutions offers processing, monitoring, settlement, and aggregation between originating and distribution partners through its proprietary platform.
PNC Global Transfers has been in the money remittance business for more than twenty-five years. The company’s success came early in its history through recognition of the vast potential of money remittances. The company also recognized the importance of offering a service that would revolutionize the industry. PNC Global Transfers developed a proprietary IT platform that enabled consumers to quickly and safely send money to Mexico and Latin America, while at the same time, remain fully compliant with all applicable state and federal laws and regulations. This proprietary platform enabled PNC Global Transfers to offer its service to third-party banks and other licensed money transmitters, who in turn offered it to their customers.
Distribution Platform
PNC Global Transfers integrates local payment solutions into its product offering to cover the payout preferences of the local market. Our service includes multiple real-time payment alternatives in each country that match the lifestyle and needs of any consumer. Payment options include deposit to account and cash payout at banks, as well as payment through multiple entities with extended access and hours of operation.
Mexico, Latin America, and Caribbean
PNC Global Transfers is an aggregation leader and key player for remittances in Mexico. Processing billions of US dollars every year accounting for over one-third of all remittance payments paid in Mexico, PNC Global Transfers has direct connectivity with the most reputable distribution partners in the country: BBVA, Elektra, BanCoppel, Telecomm Telegrafos, Banorte, Bansefi, among others. PNC Global Transfers offers direct connectivity to more than 60 distribution partners in Latin America and the Caribbean with more than 60,000 points of payment.