Each year, during Hispanic Heritage Month (Sept 15 – Oct 15), we honor cultural legacy and also spotlight the hidden pains of remittances. Immigrants sending money to support families often face disguised fees—either through stealth exchange rate mark-ups or misleading “no-fee” claims.
Wise has been instrumental in advocating for:
- Regulatory clarity—calling out deceptive marketing tactics
- Unified pricing disclosures—to clearly show users the total cost of sending money
- Employee-led community mobilization (LatinX Wisers) to foster awareness and equitable financial services
Where does DogPay fit in this mission?
DogPay’s response:
- Transparent Rates Built In All fees and exchange margins are fully visible, avoiding the classic pitfall of hidden charges.
- Compliance-Focused, One-Stop Remittance Tools Supports transfers via stablecoins or fiat, delivering money quickly without surprises in cost.
- Community-Driven Financial Literacy Similar to LatinX Wisers, DogPay plans to cultivate user communities for knowledge sharing and financial empowerment.
- Turning Fairness into Practice While advancing global payments, DogPay remains committed to clear pricing and trustworthy service, ensuring remittances deliver help—not hidden deductions.
