What to look for in an international digital money transfer app
In our experience, the most successful money transfer companies should do what they say: make money movement a no-brainer!
Users today want a straightforward, affordable and quick method of sending funds all around the globe – doing away with more traditional banking systems that tend to overcomplicate the process.
Nowadays, many of us may benefit from having the ability to manage our finances at our fingertips. By using the latest in smartphone technology, people can log into digital transfer platforms and send funds at the touch of a button.
While some corporate banks may have been slow to embrace the internet age and the new wave of digital technology, third-party solutions have evolved and radically transformed the payments industry for good.
When selecting a money transfer platform, it is essential to consider the following:
- How affordable is the service?
- How quickly is money transferred?
- Are you able to view upfront exchange rates when moving money internationally?
- Is it user-friendly?
- How many sending and receiving countries are there?
- Is it secure?
Paysend allows you to move money close to real-time, with transfers arriving close to real time, to 100+ countries globally. The use of our expert and reliable digital technology helps US customers keep on top of spending as they support loved ones in a secure manner!
Paysend allows you to experience:
- Moving money for less
Send money hassle-free with Paysend to family and friends for a low fee of just $2. - Quicker transfer speeds
Transfer money within minutes. In fact, 95% of Paysend transfers are completed in close to real-time. - Up-to-date exchange rates
Review up-to-date exchange rates before sending money to keep tabs on how much money your recipient will receive. - Purchases on the go
Paysend provides intelligent and succinct payment methods that allow users to spend funds on the go. Users can also view their spending in-app or online. - A safe and secure platform!
Security is an essential requirement when selecting a money transfer app. It’s important to us that we ensure all your transaction data is protected.
Paysend on a mission to connect users all over the globe!
Paysend is on a mission to help transform how people all over the globe safely manage their everyday finances by connecting families and friends through our money transfer platform.
Paysend was the first Fintech to introduce global card-to-card transfers and as of November 2021, Paysend celebrated reaching 5 million customers in under just five years, a testament to our exponential growth and customer loyalty.
If you are looking for a fast and effective method of moving funds internationally at the click of a button, look no further than Paysend.
A step-by-step guide to setting up your Paysend account
- Download the app and click the sign-up button.
- Type your mobile phone number beginning with +1 (US country code).
- Fill out your personal information (first and last name, date of birth, email).
- Enter your United States residential address.
- Verify your account using the code sent straight to your smart device. If you are on the Paysend App, create a four-digit passcode for additional security.
- Start sending money today!
Download the Paysend app* from the App Store or Google Play, or visit our homepage to learn more.
*Standard data rates from your wireless service provider may apply.
Latest Posts
Here's the short answer: yes, you can use a credit card to get money into someone's bank account abroad. "Credit card to bank transfer" means exactly that — you fund the transfer with your credit card, and your recipient receives it in their bank account. Or on their card, in their wallet, or as cash to collect, depending on where they are.
The card and the bank account do different jobs. Your card pays for the transfer. A provider like Paysend then pays the money out through local systems on the other end. It's one flow, and it takes about a minute in the app.
One thing worth knowing before you start: a credit card is usually the most expensive way to fund a transfer. Some issuers treat it as a cash advance, and credit tends to carry higher payment fees than debit. You'll always see the full cost, exchange rate included, before you confirm anything. What follows is: the ways your money can arrive, what each one costs, how fast it gets there, and the cheaper routes worth checking first.
Every month, thousands of people working in the Czech Republic send part of their payday home — many of them Ukrainians supporting family across the border. And the traditional route makes it harder than it should be: bank wires that ask for IBANs and SWIFT codes, fees that only show up after the money's gone, and days of waiting while someone at home is counting on it.
Pavel Štich has spent years helping his readers solve exactly that. He's Co-Founder and Lead Financial Editor at Moneyo.cz, an independent Czech platform that compares money transfer services, stock brokers, and alternative investments — and a Paysend Ambassador, which means he tests what he recommends, explains it plainly, and brings his readers reader-only perks. We asked him how Moneyo started, who reads it, and why he chose Paysend.
