Moin and Toss Launch International Remittance Service
A New Era of International Money Transfer Begins! Moin and Toss App Launch Ultra-fast, Lowest-cost Service Korea's leading fintech company, Toss, now allows users to experience the innovative service of Moin, a specialist in international m...
A New Era of International Money Transfer Begins! Moin and Toss App Launch Ultra-fast, Lowest-cost Service
Korea's leading fintech company, Toss, now allows users to experience the innovative service of Moin, a specialist in international money transfers. Without needing a separate app installation, international money transfers can be made with just the Toss app, significantly enhancing user convenience. Currently, users can access 'Moin International Money Transfer' by searching for it in the 'All' tab within the Toss app, and it will soon be expanded to allow easy access from the 'Transfer' menu as well.
Moin boasts **up to 4 times faster transfer speeds** and **up to 90% lower fees** compared to commercial banks. Thanks to Moin's unique direct transfer system, which bypasses intermediary banks, rapid processing is possible, and customers can use international money transfer services more economically with preferential exchange rate benefits applied to all currencies.
The usage process is also remarkably simple. Both existing Moin users and new customers can make international money transfers immediately after a simple identity verification. Customers who first use Moin's service through the Toss app can continue using the service with their automatically linked account in the Moin app without a separate registration process, providing a seamless user experience.
Moin has been recognized for its technological prowess in the B2B sector by providing white-label remittance solutions to Mirae Asset Securities through its algorithm-based international money transfer system, 'Moin Payment Network (MPN).' It also successfully operates B2B international money transfer and payment solutions that automate overseas settlement tasks for PG (Payment Gateway) companies and platform providers.
Notably, Moin, along with Toss, are the only two Korean companies named among the 'World Top 100 Fintech Companies' selected by global accounting firm KPMG, proving their innovation on the global stage.
Seo Il-seok, CEO of Moin, stated, "The integration with the Toss app has drastically improved the accessibility and convenience of international money transfers," and "we are delighted to offer Toss users a fast, affordable, and secure transfer experience." Moin plans to continue its efforts to expand collaborations with various companies to make international money transfer services available on more platforms in the future.
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