TAPTAP

Taptap Send is a consumer money transfer application that lets migrants and diaspora communities send remittances from developed sending markets to recipients in Africa, Asia, the Caribbean and Latin America. The service is live for senders in the United States, United Kingdom, Canada, Australia, the United Arab Emirates and across the European Union, and pays out to over 70 destination countries including Nigeria, Senegal, Kenya, Ghana, Bangladesh, Pakistan, India, Mexico, Brazil, the Philippines, Vietnam and Colombia. Payout is delivered into bank accounts, mobile money wallets and cash pickup points that recipients already use, with named local rails such as UPI in India, PIX in Brazil, GCash and Maya in the Philippines, JazzCash and EasyPaisa in Pakistan, Nequi and Daviplata in Colombia, and OXXO in Mexico. Senders fund transfers by debit card, bank account or Apple Pay.

The company positions itself against incumbent remittance providers it describes as expensive, slow and thinly distributed in rural areas, and frames its work against the UN Sustainable Development Goal of reducing cross-border remittance costs to 3% by 2030 — a target it says it is the only remittance company publicly committed to. It charges no transfer fee on a number of corridors (Nigeria, India, Mexico, Brazil), with a stated exchange-rate margin applying; low, disclosed fees are charged on other corridors, and the company notes it cannot offer a no-fee product in the pegged-currency Franc zone (XOF and XAF). Consumer protections cited include a 30-minute cancellation right consistent with US CFPB rules, biometric or PIN confirmation on every transaction, and live transfer tracking.

Taptap Send is regulated for money transmission in multiple jurisdictions; TapTap Send Payments Co. is licensed as a Money Transmitter by the New York Department of Financial Services and as a Foreign Transmittal Agency in Massachusetts (FT2108069).