Why You Should Choose Online Money Transfer For Your Transactions

The ICT revolution of the 21st century has driven so many awesome technologies in the world today such that there is barely anything that is impossible now. Things that were thought impossible before are now being done with a surprising kind of ease. All thanks to technology. The best part yet is that most of these things can be done from the comfort of your home, using the virtual space. Little wonder most people are now opting to take their every day activities to the online world today. One of the best ICT driven developments in the modern day world yet is the online money transfer technology. 

The popularity of Money transfer app in recent years have really grown quite rapidly and is already causing a revolution in the way money transactions are being done across the whole world. For good reasons too. Many people in this age of globalization work remotely from different locations in the world and have clients scattered across the globe. It becomes necessary then that they find a way to get paid quickly and easily too for the services they render to people both from near places and very far off places from them. And guess what, it is online money transfer to the rescue for this and many other numerous situations. 

If you are yet to adopt online money transfer as a fast, easy and smooth alternative for your money transactions, chances are that you are missing out of one of the most convenient ways of sorting out your money issues in the 21st century. Here are a few reasons why you should consider opting for online money transfers; 


1. Your money transfers will become swifter, taking very less time to complete transactions. Ranging from few minutes to very few hours according to the nature and distance of your transfer, unlike the traditional money transfers which might take up to days to complete far distance transfers.

2. There are a vast array of online money transfer service applications and websites available to allow you the luxury of different options

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3. Most of the online available website and application options available for online money transaction services are quite secured and easy to use.

4. Online  money transfer avails you with the option of many different awesome exchange rates to choose from, even better than your local bank transfers.

5. Most online money transfer service providers make their customer services available to you 24 hours every day.

6. Your transaction histories are saved for you online for easy future references.

7. The occurrences and chances of fraud cases in online money transfers have been drastically reduced.

8. Managing your money becomes much easier with the help of online budgeting apps.

Truth is that the benefits of choosing online money transfer which allows you to send or receive funds from any part of the globe with the help of secure internet connection are quite numerous, barely limited even. Some of them have been listed in this article. You can visit Paysay to get your everyday money transfer needs attended to now and you will be glad you did.

Tips for a Safe Online Money Transfer

Want to know about a reliable method of online Money transfer? If yes, then you are reading the right blog. It’s not necessary to have a strong finance background for secure money transfers. An adequate knowledge is sufficient regarding general methods and precautionary measures to save you from any sort of fraud or scam. In past almost all international money transfers were carried by banks. Now the time has changed, you can use several mobile application or person to person service in order transfer money fast with least audit of tax.

General Methods of International Money Transfer: 

With an increasing number of online businesses, there is an utmost need to generate convenient ways of online money transfer overseas. You do not need to worry at all because technologists have pondered on this subject keenly. There are several methods to transfer money online. I have listed some of them here. 

• Banks 

• Local money transferring services 

• Mobile applications 

Banks: 

Banks should not be the first choice, world has evolved much more, now you do not need to open a bank account first then deposit some money, and then send money that is usually slow and a complicated process. Plus you need to pay some tax as well. 

Talking about security, no doubt, banks are considered one of the safest ways to send money local and internationally. But now things are changed. There are thousands of mobile applications available that are able to send online money in any country any time and yes they have a much more compact security system as compare to most banks. 

Local money transferring apps: 

There are many apps that are quite convenient to send many in local areas. These services are fast, convenient and tax free. 

Mobile applications: 

Along with local services there are many mobile applications that provide local as well as international online money transfer.  I have personally used mobile application to send money overseas.  I found these apps much more relaxing and affordable than banks. 

Steps to send money online via mobile applications: 

If you are interested on sending money abroad via mobile applications then following steps are going to help you a lot. Read them carefully and you can send money with a great ease. 

1. Open Google Play store. 

2. Download link of your desired application. 

3. Install that app. 

4. Connect the app with your phone number. Activate your account. 

5. You will get a confirmation message on activation of your account. 

6. Name the recipient enter necessary detail.

7. Enter required information like ID and send money. 

8. Kindly be sure while adding up details regarding city and amount. 

For safe and secure Money transfer always try to choose an authentic application. Authentic doesn’t mean the very first online mobile app that pops up when you search about money transferring online. Authentic means a mobile app that covers regions of your choice and fulfill your requirements as well.