There have been many moments in my life when I wish I had a better money transfer app, most notably during my travels in Japan. This post, brought to you and contributed by Allen Brown, covers some of the reasons you might want to look at these apps as you handle finances across borders and currencies.
Have you ever had to transfer money to another country? Into another currency? You may sending money to a family member in a different country, or you may be paying bills or debts abroad. Maybe you just have a friend in another country who has a birthday coming up, and you’d like to send them cash as a gift.
Regardless of the reasons why you make transfers, you would do well to find simple solutions to your money exchange needs.
Why Money Transfer Apps Are Helpful
Within the last decade, money transfer apps have become very popular. For a time, PayPal was one of the only methods that a person could use to transfer money. But now, a wide range of money transfer apps have come into full swing.
If you are looking for a good international money transfer app, a good place to start is Western Union or Paypal. By using these international money transfer apps, you are able to easily and seamlessly move money to the person or persons you’d like to send funds.
There are several reasons why these apps are more beneficial than transferring money through your bank or handing money to a person. One of the main reasons is because the apps have lower fees or in some cases are even free, so there is no extra money that has to be involved.
Apart from that, the apps are simple. With a simple click of a button, you are able to transfer money within seconds. The last reason is that the applications are extremely safe. People from all around the world use these applications, and they have been able to transfer and obtain funds safely through them.
Make sure to thoroughly research any money transfer service before use. While the big names are reputable, you’ll want to examine the reputation of each app on your own.
Get Funds When You Are In An Emergency
There is no way to know when you may have a personal emergency. This can be extremely stressful if you are traveling out of your home country. It can be almost impossible to send money to a friend or family member who is traveling in another country without using a money transfer app.
Since that is the case, savvy individuals choose to download at least one or several different money transfer apps in order to be able to benefit from their use if it is needed.
The Way Your Money Moves
You have more control of your money now than ever have before. If you are living in a Western country, then you are largely at an advantage financially as many of these currencies go further in some other parts of the world.
You are also in control of the ways that you move your money. You’d do well to in many cases to use the apps over using the banks when it comes to transferring money. It will simplify your financial life.