Arf: Bring working capital credit lines to money transfer firms
- Arf, a VISA Innovation Program company, built a global payment network enabling instant and fully compliant
- Announced the upcoming launch of its innovative product Credit
- Traditionally, when a money service business (MSB) wants to send money from one country to another
- It has to prefund the same amount in the receiving country, bringing about tied capital
- Designed to empower licensed MSBs all over the world, the soon-to-be-launched Credit emerged as an idea
- Although options existed, most lending companies only served customers with long-term credit needs or single payout corridors
