Spectrum Global Payment Solutions Information

Spectrum Global Payment Solutions (SGPS) offers processing, monitoring, settlement, and aggregation between originating and distribution partners through its proprietary platform. SGPS has been in the money remittance business for more than twenty-five years. The company’s success came early in its history through recognition of the vast potential of money remittances. The company also recognized the importance of offering a service that would revolutionize the industry. SGPS developed a proprietary IT platform that enabled consumers to quickly and safely send money to Mexico and Latin America, while at the same time, remain fully compliant with all applicable state and federal laws and regulations. This proprietary platform enabled SGPS to offer its service to third-party banks and other licensed money transmitters, who in turn offered it to their customers. Distribution Platform SGPS integrates local payment solutions into its product offering to cover the payout preferences of the local market. Our service includes multiple real-time payment alternatives in each country that match the lifestyle and needs of any consumer. Payment options include deposit to account and cash payout at banks, as well as payment through multiple entities with extended access and hours of operation. Services provided in all 50 states and the District of Columbia by Spectrum Global Payment Solutions, Inc. NMLS # 937914.