The best online money transfer tools

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To complete any transaction, you only need a good internet connection and a couple of minutes of your time. If you want to transfer funds abroad, then there will be no problems with this thanks to modern technology. Moreover, there are platforms with complete transparency and reliability that make it easy to do this.

Thanks to modern technology, you can send money to your family or friends abroad at a lower cost. In this article, we will take a detailed look at several popular platforms that will allow you to do this without too many problems and complications.

What are money transfer platforms?

A dedicated money transfer platform is a web page or mobile app that allows you to transfer money to other people or companies, almost anywhere in the world. Many of these platforms are free and their way of making money is through the fees they charge for every transfer. The vast majority of these pages have a sophisticated security system to ensure that the user’s data is highly protected throughout the entire process.

The popularity of these platforms is growing very quickly due to the great need of people to send money to another country, either to pay off a debt, or as a gift or financial assistance to a relative. There may be many options. With the growing popularity of such platforms, the demand for money transfer app development is growing.

 Reasons to make a money transfer

Globalization means that, despite distances, we are becoming more and more connected. At any moment we can be in another country and we will need to make a money transfer. Maybe we just need to transfer money to the right account.

 An example of the most common reasons why people make transfers:

  •   Invoices for rent or any services;
  •   Emergencies, whether health or domestic;
  •   Debts, loan payments;
  •   payment to suppliers;
  •   Payment for digital services.

  The best money transfer platforms

 The Internet allows us to choose between many things, one of which is platforms to transfer money in a faster, cheaper and more reliable way. They must be accredited platforms so you don’t fall victim to a scam. Therefore, we will look at some of the most reliable and popular platforms.

 Wise

Firstly, it is the Wise money transfer platform with over 10 million active users, its popularity is due to the main benefits offered by this platform, some of which are:

  •   Savings up to 13 times more compared to banks;
  •   Zero hidden fees in the exchange rate;
  •   Send money to 80 countries;
  •   Your first transfer without commission up to 500 euros.

This platform moves £6 million per month and its protection is guaranteed as it is regulated by the National Bank of Belgium (NBB) and other authorities around the world.

  WorldRemit

WorldRemit is another platform with a secure and fast service that allows you to transfer money online using a computer, laptop, tablet or smartphone. Among its most notable benefits are the following:

  • Speed: 95% of transfers made by users from this platform are ready in minutes.
  • Security: They use advanced technology to ensure that all users’ money is protected.
  • Low cost: WorldRemit offers very competitive rates and fees compared to most banks or other more traditional money transfer platforms.

You can download the WorldRemit mobile app for free from the App Store or Google Play and start sending money online in minutes to over 130 available countries. You can also easily track each of your payments and access your transfer history.

In addition, it has a 24/7 customer support service in 6 languages ​​so you can get help with any questions or concerns you may have regarding WorldRemit service and operation.

TransferGo

If you need to quickly make a payment to any of the 160 countries where TransferGo operates, you can do it directly from your mobile device without any complications. If you sign up with TransferGo, you’ll get the best exchange rate and zero fees on your first two transfers.

Therefore, if you need online translation, use all the possibilities and platforms that are available today.

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