Alfred Pay

Alfred Pay is a financial technology service operating in the United States and Dominican Republic. The service enables individuals to send money peer-to-peer, domestically and internationally. The company's objective is to bridge the payment systems between traditional and digital finance.

Alfred Pay's technology is also a compliant cryptocurrency to fiat payment network where transactions and settlements offer users reduced friction and intermediaries in the process of sending money internationally. The company provides users with an app to send and receive their remittances directly to and from their iOS or Android mobile devices.

Users can receive USDC, and the service allows them to store funds in dollars regardless of location. There is an option to send USDC directly to a username on Alfred and directly to a local bank account. Recipients do not require wallets to receive funds. The service also has an ATM withdrawal feature, through which a user can withdraw pesos in exchange for USDC. They can also create a profile, add and invite friends and family, and compare sending costs.