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Powered by ChatBank & BlockLynk
ChatRemit
Powered by ChatBank & BlockLynk
Payments Made Social
Payments Made Easy
1Confidential
ChatRemit
 The ChatRemit program is a cardless mobile payments
solution utilizing social media messenger ‘ChatBots’,
Blockchain Technology, and existing banking network
infrastructure as a convenient and cost effective
payments delivery channel.payments delivery channel.
 The ChatRemit solution enables person-to-person
money transfers and one-to-many disbursements.
 Verticals include, but are not limited to banks, money
remittance services, government agencies, insurance
providers, corporate disbursement programs, charities,
and disaster relief organizations.
2Confidential
ChatRemit
 The ChatRemit virtual accounts can be prepaid with a
single load for one time use or they can be linked to
direct deposit accounts and prepaid general purpose
reloadable debit card accounts.
 All sources of funds are verified and deposited in the
depository escrow account of the sponsoring bank in a
prepaid access ‘Good Funds’ model.
 ChatRemit cross border transactions are routed and
the funds settled according to existing remittance
interbank settlement correspondent bank
relationships.
3Confidential
ChatRemit
 ChatRemit integrates a powerful set of technologies into a single
platform that creates an Omni-channel payments ecosystem that
incorporates social media messenger channels and blockchain
technology with established banking payment infrastructure.
 By harnessing the power of a ‘ChatBot’ messaging mobile By harnessing the power of a ‘ChatBot’ messaging mobile
interface and decentralized distributed blockchain networks,
ChatRemit will revolutionize how people send and receive
money. Whether in Person-to-Person (P2P) remittances,
Consumer-to-Business (C2B) payments or Business-to-
Consumer (B2C) funds disbursements.
 BlockLink Gateway service delivers a Frictionless, Anonymous,
Secure, Transparent (FAST) transaction platform that is a game-
changer for Omni-channel payments.
4Confidential
Regulatory Compliance
 A bank or financial application provider can hold an
identifier that confirms their status for business,
regulatory status, and available products.
 An end-user customer is connected to subscribed An end-user customer is connected to subscribed
financial application providers and has a store of
information regarding their identity, country-of-
residence, and other important regulatory
information.
 There is a token used to pass a message from financial
player to financial player that informs each party of a
user-initiated money transfer.
5Confidential
Remittance Funds Flow
Real-Time Money Transfer
USD FXEncrypted Token
ChatRemit
ChatBot
Wallet
App
Standard Interbank Escrow Account Settlement
6Confidential

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Chat remit overview

  • 1. Powered by ChatBank & BlockLynk ChatRemit Powered by ChatBank & BlockLynk Payments Made Social Payments Made Easy 1Confidential
  • 2. ChatRemit  The ChatRemit program is a cardless mobile payments solution utilizing social media messenger ‘ChatBots’, Blockchain Technology, and existing banking network infrastructure as a convenient and cost effective payments delivery channel.payments delivery channel.  The ChatRemit solution enables person-to-person money transfers and one-to-many disbursements.  Verticals include, but are not limited to banks, money remittance services, government agencies, insurance providers, corporate disbursement programs, charities, and disaster relief organizations. 2Confidential
  • 3. ChatRemit  The ChatRemit virtual accounts can be prepaid with a single load for one time use or they can be linked to direct deposit accounts and prepaid general purpose reloadable debit card accounts.  All sources of funds are verified and deposited in the depository escrow account of the sponsoring bank in a prepaid access ‘Good Funds’ model.  ChatRemit cross border transactions are routed and the funds settled according to existing remittance interbank settlement correspondent bank relationships. 3Confidential
  • 4. ChatRemit  ChatRemit integrates a powerful set of technologies into a single platform that creates an Omni-channel payments ecosystem that incorporates social media messenger channels and blockchain technology with established banking payment infrastructure.  By harnessing the power of a ‘ChatBot’ messaging mobile By harnessing the power of a ‘ChatBot’ messaging mobile interface and decentralized distributed blockchain networks, ChatRemit will revolutionize how people send and receive money. Whether in Person-to-Person (P2P) remittances, Consumer-to-Business (C2B) payments or Business-to- Consumer (B2C) funds disbursements.  BlockLink Gateway service delivers a Frictionless, Anonymous, Secure, Transparent (FAST) transaction platform that is a game- changer for Omni-channel payments. 4Confidential
  • 5. Regulatory Compliance  A bank or financial application provider can hold an identifier that confirms their status for business, regulatory status, and available products.  An end-user customer is connected to subscribed An end-user customer is connected to subscribed financial application providers and has a store of information regarding their identity, country-of- residence, and other important regulatory information.  There is a token used to pass a message from financial player to financial player that informs each party of a user-initiated money transfer. 5Confidential
  • 6. Remittance Funds Flow Real-Time Money Transfer USD FXEncrypted Token ChatRemit ChatBot Wallet App Standard Interbank Escrow Account Settlement 6Confidential