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# Fee-Free Remittance Programs
Quippi Offers Sharing Income in an Ethical and Fair Way

By Social Business Editor | Published 2014-05-13 | Social Good
Source: Trend Hunter, https://www.trendhunter.com/trends/quippi
References: [plus.google](https://plus.google.com/%20Quippi/about) & [quippi](https://www.quippi.com)

Quippi Corporation is a social enterprise that allows immigrants in the United States to share their income with their friends and families in Mexico in a safe, secure, fast and fee-free way. Remittances tend to have a huge economic impact on the worldwide economy but especially on families in developing countries who are trying to make ends meet.

"Basically, instead of wiring money—and paying a hefty fee to do so–consumers send gift cards accepted by popular stores in Mexico that they buy without forking over extra money," [said Forbes contributor](http://www.forbes.com/sites/annefield/2014/05/13/attracting-venture-capital-by-not-abusing-immigrants/) Anne Field. "Also Quippi doesn’t hide additional charges through currency exchange rates."

**Contact Information**
Quippi [website](https://www.quippi.com)
Quippi on [Facebook](https://www.facebook.com/Quippi)
Quippi on [Twitter](https://twitter.com/quippi)
Quippi on [YouTube](https://www.youtube.com/user/QuippiUSA)
Quippi on [LinkedIn](https://www.linkedin.com/company/quippi?trk=top_nav_home)
Quippi on [Google+](https://plus.google.com/+Quippi/about)

## Trend Insights (Trend Hunter)

- Score: 5.4/10
- Popularity: 57% | Activity: 96% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, South America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Social Good](https://www.trendhunter.com/socialgood) > [Social Business](https://www.trendhunter.com/socialbusiness)

## Key Themes

### Key Themes Behind This Trend

- **Remittance Innovation:** Quippi's fee-free remittance program revolutionizes the traditional money wiring process, presenting a disruptive opportunity in the remittance industry.
- **Social Sharing Economy:** Quippi's income sharing model highlights the potential for disruptive innovation in the social sharing economy, providing a fair and ethical way for immigrants to support their families.
- **Alternative Payment Methods:** Quippi's use of gift cards as an alternative to traditional remittance methods opens up the potential for disruptive innovation in the payment industry, reducing fees and hidden charges.

### Where This Applies

- **Remittance Services:** Quippi's fee-free program challenges the remittance industry norms, presenting a disruptive innovation opportunity for companies in the remittance services sector.
- **Social Impact:** Quippi's social sharing model creates opportunities for disruptive innovation in industries focused on positive social impact and financial inclusion.
- **Payment Solutions:** Quippi's use of gift cards as an alternative payment method presents a disruptive innovation opportunity for companies in the payment solutions industry, particularly in the realm of cross-border transactions.

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