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Remittances save Mother’s Day in the Dominican Republic

· 3 min de lectura
Día de las Madres remesas

Mother’s Day remittances have become a key gesture for thousands of Dominicans living in the United States who support their families in the Dominican Republic from a distance. On a date of high emotional value, the conversation about money, closeness, and support takes center stage once again.

A family bond that also drives the economy

In the Dominican Republic, Mother’s Day is not just a domestic celebration. It is a day full of gifts, visits, phone calls, and also money transfers that help cover expenses, buy food, or prepare a family gathering. For the diaspora, especially in the United States, this date usually triggers more transactions than usual.

The weight of these transfers is evident. Remittances remain one of the main sources of foreign exchange inflow for the country and direct support for millions of households. Data from the Central Bank of the Dominican Republic shows that the flow sent by Dominicans abroad continues at historically high levels, originating strongly from cities like New York, New Jersey, Florida, and Boston.

Mother’s Day remittances do not just mean money: they also represent emotional presence when distance prevents being close. In many cases, this remittance arrives as a practical and quick solution to support mothers and grandmothers back home.

Félix Pago and the commitment to sending money via WhatsApp

In this context appears Félix Pago, a fintech founded by Latino entrepreneurs in Miami that seeks to simplify the process of sending money from the United States to Latin America. Its core proposal is to operate via WhatsApp, without forcing the user to download an additional app or navigate complex platforms.

The mechanics are straightforward: the customer starts a conversation, types or sends a voice note with the amount and the recipient, follows guided instructions, and completes the payment through a secure link. Afterward, they receive immediate confirmation of the transaction.

“We want sending money to be as easy as sending a WhatsApp message,” explained Bernardo García, co-founder of the company.

The idea addresses a concrete problem: many people want to move money quickly, but without wasting time on technical processes. On dates like Mother’s Day, this simplicity becomes even more valuable.

Cash pickup and nationwide reach

An important point for the Dominican market is that beneficiaries can receive the money via bank deposit or pick it up in cash at more than 200 Caribe Express branches throughout the country. This partnership expands options for those who still rely on cash as their primary method of collection.

In addition, the operation is supported by UniTeller, a subsidiary of Grupo Financiero Banorte specialized in international payments. This structure aims to combine conversational technology with a physical network already familiar to many users.

Security, costs, and service expansion

Mother’s Day remittances also force us to talk about security and transparency. Félix Pago claims to operate under AML, BSA regulations and FinCEN supervision, with identity verification processes, transaction monitoring, and fraud prevention.

Regarding fees, the platform offers a first transaction free of charge and then charges starting from US$2.99. The company states it exceeds 400,000 users and has more than 300 employees, while expanding its presence among the Latino community in the United States.

More than a transaction, a way to be present

For the Dominican diaspora, remittances remain an economic tool, but also a form of daily companionship. On dates like Mother’s Day, this symbolic value intensifies: the money helps, but it also says “I am here.”

In the midst of this reality, Félix Pago tries to capture an audience looking for speed, security, and less friction to send support to their families. And in that scenario, Mother’s Day remittances once again confirm that each transfer can have a much broader impact than the amount sent.