Online global money transfer applications and remittance platforms are the future for the diaspora community across the globe. It is about time to ditch bank queues and outdated methods of money transfer. Services of online money transfer are more convenient and way faster. The safest means of transferring money involves using a regulated, reputable provider or your bank account. Organizations offering international payment services with robust security measures can protect both parties involved in an international transaction. Here are some of the safest online money transfer services that you can trust. PayPal PayPal is one of the largest processors for online payment. Using PayPal, you can conveniently transfer money from one account to another without using your bank account or credit card. PayPal offers an advanced search feature and is a secure way of transferring money to the correct recipient. Every user has a unique QR code and link of their own. You also don't need to fret about hidden fees. Transactions made through PayPal are free for both recipients as well as senders. Google Wallet You can use Google Wallet for free, regardless of the nature of the money transfer. The distinctive factor of Google Wallet is its tremendous speed. This app is ideal if you want to transfer money to someone who has a debit card set as their default payment method in Google Wallet. When you move money from your debit card, the payment will appear in the recipient's card-linked bank account in about a minute. Wire Transfer For over fifty years, Wire transfer has been considered to be the staple for money transfers. They are swift, reliable, and secure. However, it is slightly outdated in terms of convenience. If you want to use this money transfer method, you will have to walk up to a physical branch of your bank to use their services. However, some banks provide wire transfer services on their website. Western Union Western Union has been considered a fixture in the space of money transfer for more than a century. Its convenience, dependability, and ease of use are responsible for its longevity. Western Union has branches in almost every nation in the world and is facilitated with an option of local withdrawal. The service is quickly gaining popularity for business transactions, too. Transfast Transfast is very convenient to use. Enter the amount you want to transfer and where you want to send it to initiate the process. They partner with several banks and have cash pickup locations all across the globe as a part of their payout network. Transfast enables the recipients to collect funds even in the absence of an internet connection. Whether transferring money overseas or domestically, always use safe and secure online platforms to ensure hassle-free monetary transactions.
