Online payment transfer is one easy and simple way to transfer money to your employees, friends, and family if they are not present in your home, city, or country. You can pay for countless services and goods using your smartphones and other handheld devices and get your money transferred in a flash. However, people mostly use online money transfer websites and apps to transmit money to pay for freelance services. You must have come across the same if you must have used services like PayPal, Payoneer, and many other online services if you are a freelancer on Upwork, Freelancer, and many other services for freelancers.
One of the major reasons that such services exist today, was that banks were not too inclined toward using the internet and provided room for many other third-party mediums to develop tools that can facilitate money transfers between people and other service providers. Such transfer apps and websites often charge users when they transfer an amount so make sure that you check out the fee structures that are part of these services. But it is all worth it. If you use a cable TV or internet service, you can ask them if they accept payments this way. For instance, if you are a Spectrum Silver customer, then you can pay your bills online. You need to check this out with representatives of Spectrum by dialing in on their helpline. But first, you need to know about the different apps that can help you manage and transfer money online.
WorldRemit
This is a simple money transfer system that helps you send money to more than 100 countries with around 70 currencies to recipients. Apart from that, you have the ease of using your smartphone or computer to transfer money using a very safe medium. WorldRemit uses cutting edge technology that protects your money and makes your transfer get successful safely every time. For people who might not be earning much and want something affordable, WorldRemit provides affordable fees and the best exchange rates with no hidden costs at all. All you need to do is download the app or register for free and input your transfer details and method. Then enter the amount you want to transfer and the recipient’s details. Your amount will get to your recipient in no time.
Azimo
This is one of the fastest and safest ways to send money to more than 200 countries and territories throughout the world. Azimo aims to provide freedom of sending and receiving money while carrying out business or personal transactions. These guys want to make financial operations making it more affordable for people throughout the world. This is an award-winning app with millions of downloads across the App Store and Google Play and Trustpilot. Azimo is also an app that works really fast and provides a safe transfer of funds for almost everyone.
Venmo
This is one of the easy to use and affordable online money transfer media that can help you make payments to recipients just like you are paying a friend. It is very easy to set up and just feels like paying for your purchases at a store. You can share a joke, add emojis and cutely animated stickers while making a payment, and set your payment to be private, public, or friends. There are no hidden charges and you can pay the exact amount that is in your bank account or Venmo account. For people who are employed online or are running a business, the paycheck is sent right to the Venmo account earlier than you think.
TransferWise
This is a very affordable medium that you can use to transfer money without any hidden charges and with total financial transparency. You can follow some very easy steps to transfer your money and make your transactions successful and secure in no time. Apart from that, TransferWise has no hidden charges or costs for transfers and provides support worldwide in a number of languages.
PayPal
PayPal is a renowned name when it comes to apps and platforms that help you send and receive payments online. Users all over America rely on PayPal to shop online and to make transactions worldwide where PayPal is offered. Now it also has some unique features like Pay in 4, Crypto, and many other features like touch-free payments, adding emojis with your payments, bill splits and pool funds, etc.
Final Words
Online money transfers are one convenient way for people who are living in the current era where COVID-19 is at large. In the current era, you must avoid using hand cash payments and pay for your purchases using your debit card. Other than that, making payments using these apps and online platforms is very useful for people who you work with, your friends living abroad, and for sending gifts to people who you care about.
Author Bio:
About Caroline Eastman:
Caroline is doing her graduation in IT from the University of South California but keens to work as a freelance blogger. She loves to write on the latest information about IoT, technology, and business. She has innovative ideas and shares her experience with her readers.