A Guide to Sending Money Online.
People are doing business with clients who are far away and since payments have to be made, there is the need for an easier way of sending money. Gone are the days when people had to settle for banks whenever money had to be sent overseas for business or just for social purposes. When the banks were the only option it was very inconvenient because people who could not find time to rush to the bank during the day were locked out of the transaction. The fact that there is online money transfer means whether it is during the day or night you can transfer the money. Also, you can also use the method to remit money to people in your region. One of the ways you can use to send money to any region in the world is through Paypal. It has been in the business for years and this has been due to their reliability. This network allows people to make transfers of as much as $10,000 to more than 190 countries. You will be charged 2.9 percent fee for the transaction or just 30 cents when you are sending money using a credit or debit card. The network supports about twenty currencies which means every major currency in the world is covered.
Another major way to send money online is through Venmo. You can send the money through the other party’s phone number or just the email. You will not be charged anything if the link your bank account but be ready to pay a 3 percent fee for using a debit card or credit card. Everyone is using a Google product on a daily basis. It is now very easy for you to send and receive money through Google Wallet. You just need your Google account and if you do not have one creating it is very easy. You will not be paying anything for the services when you link your Google account to the bank account and for debit card transactions there is a 2.9% fee.
You can use Square Cash in sending money even when the recipient hasn’t created such an account yet. The only thing you will have to do is link their email address to one of the bank cards you have. The great thing about this form of money transfer is that the services are absolutely free unless you are using a business account in which case you will be charged a 3% fee for the transactions. Facebook is one of the most popular social sites and it only makes sense that Facebook Messenger can be used in transferring money and you won’t have to close the chat either. However, only people who hold debit cards from U.S banks can accomplish this.This website will offer more details.