๐Ÿ”— Web Version forย everyone

December 14, 2018 in About Services
Monetley dashboard

Monetley is launching soon. ๐Ÿš€ However, before we go fully operational, there are specific things we must ensure are in order.

๐Ÿ“„ First, we need to be in good books with the regulatory bodies that control the work of financial institutions within the EU. The bodies implement specific control measures to regulate the financial services industry.

Thus, companies need to meet specific criteria before they get the licenses to operate in any industry of their choice.

๐Ÿ”‘ We need to get two necessary licenses before launching our service: the Electronic Money Institutions (EMI) and the Payments Institution (PI). The EMI license allows holders to issue to the market unique currencies. Users of such currencies can convert them to others that are readily available on the market. Moreover, an institution that has this license can issue cards of the leading players in the industry or create a new card payment system.

๐Ÿงพ The PI license allows organizations to provide all the primary financial services to users. The permit authorizes organizations to process and issue payments of account holders and other parties.

Monetley application form

๐Ÿ“… In a bid to launch our services soon, we intend to obtain both licenses by March 2019. Once we have the nod from the authorities, we will officially start our services.

๐Ÿ“ต We think that starting with a mobile version may not augur well with many users. In general, everyone needs to have instant access to our service regardless of the mobile operating system that he or she uses.

๐ŸŒ Currently, all good mobile apps have the iOS and Android-compatible versions. Developers must keep in mind that potential users of the apps fall into either of these two major categories. Therefore, we will first launch a web version of our product.

๐Ÿ–ฅ๏ธ ๐Ÿ“ฑ ๐Ÿ’ป Launching a web version will make it easy for anyone to access our system at this early stage. Hence, you will not have to install an app on your mobile device at this stage. You will be able to access all our features on your favorite browser.

๐Ÿช It is necessary to emphasize that the Monetley web version will not be inferior to the yet-to-come mobile versions in any way. Users will have access to all the features and functionalities of our service when they start using the web version. Besides, we shall use the web version to test a few technical aspects of the service. We shall then use the feedback from users to optimize the system and resolve any technical or aesthetic issues that people would have pointed out.

Monetley mobile dashboard

๐Ÿ›’ We will launch the mobile apps after a few months. The Monetley mobile apps will be available on Play store and Google Play. Thus, people who use either or both Mobile Operating Systems will be able to access and utilize our app.

๐Ÿ’ฏ๐Ÿ‘Œ The reason for following this plan of starting with a web version of our service is simple: to ensure that we give you perfect products. Our mission is to help you access all your financial services quickly and securely. We value your time; therefore, Monetley would like you to have the freedom to attend to other important things that matter to you.

โฒ๏ธ Therefore, we shall make our mobile version perfect. You will experience the uniqueness of our services when using the mobile app on any device. For example, we shall ensure that you can open an account in less than a minute on your mobile phone.

Monetley mobile application

๐Ÿšช Also, the account opening process will be very secure, thanks to the way we leverage technology to automate and optimize necessary security checks. Additionally, it will be fast and safe to open an account on our mobile app because of the way we streamline the process by drastically reducing the number of steps that one must go through when opening an account in the account opening process.

๐Ÿ“ž๐Ÿ“ง As part of our commitment to give your excellent services, we shall continuously improve the mobile and web versions of our application. We will test and develop the web version as preparation for launching the mobile app.

๐Ÿงช We shall repeatedly test the performance of the mobile app of our service to determine issues that our users do not like. We shall then be periodically rolling out new versions of our apps. The latest versions will have a lot of enhanced features, based on what we would have learned from our customers.

๐Ÿ—ฃ๏ธ๐Ÿ‘‚ Finally, our three-tiered system will make it easy for users to try out the first version of the Monetley app. The users can then give feedback on the extent to which the app helps them to access their finances quickly and securely, according to our mission.

๐Ÿ‘”๐Ÿ’ผ Interestingly, business people who need to make complicated decisions within tight timeframes will benefit from our system.

๐Ÿ’ณ๐Ÿ’ฑโœ”๏ธ The Monetley app will enable businesspeople to manage their finances in a very secure and convenient environment. Managers and Directors will, therefore, have the time to attend to other critical issues. Individuals who run simple current accounts will also enjoy using our secure and effective web and mobile versions.

Welcome to Monetley; where we value your time.ย โŒš
Your Alex fromย Monetley

Open Multicurrency Account Online Momently

December 11, 2018 in About Services
Multicurrency account
Multicurrency account

Opening an account does not have to be a complicated process. People do not have to travel from their homes to bank branches to open simple current accounts. It is no longer necessary to process much paperwork when activating an account. Moreover, the process of getting an account does not have to take very long. Nowadays, thanks to the emergence and growing popularity of Fintech, you can get a fully functional personal or business account in a matter of minutes. Besides, the account will be fully compliant with all the regulations that govern financial transactions across Europe and other regions. Monetley is at the forefront of this change. We are committed to helping you open a bank account online in an instant.

๐Ÿ”‘ Monetley uses an innovative, simple, and secure process to let you open an account online very quickly. We have developed a system that addresses all the bottlenecks that people and banks frequently experience during the account opening process. Firstly, it has been difficult for people to open accounts fast enough because banks need to verify much information about their clients. The verification process is meticulous, tedious, and quite intrusive. It is common for would-be clients to shirk away from financial institutions when they realize that the staff is keen on learning much information about them.

๐Ÿ“ฑ Technology has provided a practical solution to this problem in the form of biometrics. A lot of companies at this stage fully understand how this technology will affect the financial services sector, so they started to implement it. Suffice to say that it has already changed the way financial service providers can access and use information about their clients. Monetley is one of the adopters of this technology. We will use biometrics to capture all the critical information about our customers. When you open an account with us, you will not have to create tones of passwords and keep them in mind you will get the access with a few clicks.

Monetley dashboard

๐Ÿ“‘ We ensure that all the new accounts that our customers open meet the requirements of regulatory bodies. The FCA is the preeminent institution that governs all financial services in the region. A credible financial service provider needs to gain the approval of the FCA. Moreover, the body runs a system that guarantees people a refund of their money if something wrong happens to the financial service providers. Monetley will fully complies with all the requirements of the FCA. When you open an account with us, you will enjoy all the services that the FCA offers the public.

๐Ÿ—บ๏ธ Moreover, we adhere fully to all other relevant legal requirements. Given that most of our clients live and work in the EEA region, we have ensured that all our internal processes are in line with what the regulatory bodies in the EEA want. For example, the account holder registration process is seamless and fully secure. By conducting AML of all our customers, we make it easy for clients to open an account in a safe environment.

โฑ๏ธ Our focus on leveraging technology to create an effective and seamless account opening process will benefit you in several ways. In general, you will enjoy the convenience of opening a bank account within the shortest time possible and remotely. You can use a mobile device to open a current account with Monetely at any time. The process is so simple and secure that you can do it from anywhere.

๐Ÿ™‹ Moreover, it will be convenient for you to complete the account registration process without having to answer many questions. We shall get all the information we need about you; therefore, you will not have to face a teller who is asking questions issues that you would not want to discuss with anybody else.

Monetley transfer

๐Ÿ’ท ๐Ÿ’ต ๐Ÿ’ถ Similarly, we have designed this system to give you convenience. You can now manage your money more effectively than before by converting it from one primary currency to another. Our account allows the use of three major currencies: USD, GBP, and the EUR. You can switch between any two of these currencies in an instant. It will be particularly beneficial for business organizations because they must process invoices in different countries. If you are running an organization, you will find it easy to pay your creditors, thanks to the fast conversion process at affordable rates that we offer on our platform.

๐Ÿ’ฑ For private individuals, the ability to convert money between multiple currencies will give them freedom and convenience. It will be easy for you to shop online by converting the money to the right currency. Furthermore, the currency conversion capability on our platform makes it easy for individuals to travel and use their money freely.

๐Ÿ“ˆ Our financial services model drastically reduces the costs of all transactions. We then pass down the money that we serve from managing transactions to you, our customers, in the form of reduced prices for all the services on our platform. It is easy to manage a business current account on our platform than using conventional means because our rates are cheaper than what traditional financial service providers charge. Also, it is more affordable and more convenient to access and manage your money on our platform than when you use ordinary providers of financial services.

โœ”๏ธYou can take advantage of the convenience, simplicity, and security of our financial services system by opening a current individual or business account. We have made the process so quick and straightforward so that you can have the time to do other equally important things. Moreover, you do not have to worry about the security of your data or money because of the level of sophistication of the security features that we use.

Welcome to Monetley; where we value your time.ย โŒš

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