Online banking services being the easiest and hassle-free way of transferring foreign currency from one country to another, have built a scope for new and more advanced service providers to evolve. EziPay is one such online currency transfer provider that allows you to send money to Togo from anywhere across the world. Check out the EziPay’s website to learn about the best way possible and to know how to transfer funds online. Please note that not every provider is the same, so you must study a little before you choose your service provider.
Sending money is one of the most common things that millions of people do in the world each day. From international companies to families who are willing to buy a house in another country and finally to the people who send money to Africa(Togo) to their family; it is like a regular task for them.
But this task can be very frightening and may cost you a lot if you don’t perform it with smartness. Most of the people are still unaware of the fact that these international money transferring companies have hidden costs. With banks, money transfer companies, and foreign exchange brokers, there are only two major costs involved. First is the service charge for transferring your funds, and the other is to convert your money from one currency to another.
Most of the profit of the money transfer companies are extracted from their money conversion ways. These service providers don’t work at the actual interbank exchange rates, but with their own exchanging rates. The profit made by these service providers is commonly known as the ‘Spread.’ Although it is a common practice, you must always be careful about it, as not every company is so upfront about it.
Here is the list of the smartest way to send money to Africa(Togo):
- First and foremost way to transfer money are banks
Banks are the largest financial institutions that are quite effective for transferring a large number of funds. Most business organizations, including small, medium, or large businesses and even individuals use banking services to transfer money to Africa(Togo). Banks are the most common ways to transfer money; however, now they are being scrutinized because of their high hidden fees. Ask the customer advisors before choosing the bank as your platform for transferring money because otherwise, you may end up losing a lot of money in their hidden charges.
- Ask foreign exchange brokers
The broker’s main task is to act as a middle man between the bank and the customer. They usually have great relations with most of the banks, and they work to provide the most competitive rates for trading one currency to another. Again, they may charge you a ton of money for transferring the money from one country to another. The advantage of foreign exchange services are:
- They help you buy properties in a foreign country.
- They allow small businesses to make international payments.
- Online money transfer providers
The internet has made our lives easy in every possible way. Transfers through the internet is a very easy method for money transfer for both the national and international(Africa) levels. It is the most cost-efficient and smartest way to send money to Africa(Togo) for business or individual purposes.
Online transferring channels are regulated by the authorities and agencies, so they are the safest way of sending and receiving money. Some of these service operators take two to three days for completion of the transaction, but providers like EziPay offer instant online money transfer service. Online services have proven to be a revolution in the banking sector at both national and international levels.
People are sending money at the international level for many years now to support families living in a different country. However, until recent times, people used the same old school methods of international money transfer to Togo via banks, through agents or money wire services. The remittance market has changed in the last few years, and people have turned towards online money transfer services.
Here are five crucial reasons why an online money transfer app is best for sending money abroad.
- It allows for instant money transfer services.
Speed is essential when it comes to sending and receiving money, right? In crucial conditions, when your loved ones require money instantly for emergencies or to pay bills, the online payment methods come handy. The best thing about the online money transfer apps is that you can quickly send money to Togo.
The online payment apps can help you avoid wasting time while standing in the queue at banks and waiting for a few days for the transaction to be completed. Stay at the comfort of your home and save your time at work while you make an international money transfer to Togo.
- Online apps are easy to use.
Online apps provide users with a hassle-free money transfer service. These apps make sending or receiving money at an international level quick and simple for all the consumers. The apps are user-friendly, making mobile money transfer to the Togo process as simple as possible.
The money transfer is just a three-step process. First, select the mobile money app and fill out the sender, receiver, and bank details. Lastly, review the transaction. You can process the transaction by using your credit card, debit card, or mobile wallet.
- Online money transaction is cheaper than old school methods
The online money transfer apps have excellent value. These online apps offer a low global remittance rate. An idle app must have transparency with the consumers about the transfer and exchange rates for international money transfers. These apps are useful for paying money for goods and services online within no time. Some of these companies offer great value for money transfers for different currencies and countries. The apps also provide updates about the suitable exchange rates to different countries so that you can transfer money at the right time.
The money transfer service must be secure and reliable. The QR payment option makes the app reliable, secure, and safe. Your money is safe in the hands of these online money transfer apps because of their additional facility of threat protection. Thus, worry not and use an online payment app over the traditional money transfer services.
If you are looking for a safe money transfer app in Togo, then nothing is better than EziPay. It is a flourishing app for money transfer to Togo, which is safe, secure, convenient, and reliable. Check out the details of EziPay on its official website and make a wise decision while transferring a sum to Togo.
Want to send money home? Find the fastest and secured money transfer service for you.
When people thought that sending money home was a bit tough job to do, it became a lot easier with the rise of digital innovations and transformations happening. It is all thanks to FinTech solutions for emerging up with hassle-free and cost-saving services. During the wake of COVID-19, while you are living abroad and being the breadwinner of the family, it is sure you would want to send money to them instantly, and this is when apps like EziPay help you.
Global remittance plays a more prominent role in the lives of a large proportion of the diaspora community across the world. People send money to families living in different parts of the world. It was earlier a bit hectic task, but it is now made a lot easier. Instant payment capabilities, smart payment solutions for retail and online banking have made the lives of consumers easy as they can purchase goods and make payments online via mobile quickly and conveniently.
Hassle-free money transfer service that you can trust
You must choose the right money transfer service for your needs as it is essential, especially if you have to send money abroad regularly. EziPay can gain your trust by being one of the best online transaction apps. You can test this yourself by comparing it with other apps that provide you with the same services. These important trust factors will help you determine the right App for transactions:
- You can track your transactions, and it has a clear communication service.
- It is secure and uses the best possible threat protection and cybersecurity technology
- Money is delivered without any delays
- Money transfer provider is fully-verified and regulated EMI institution
- No hidden charges as detailed transfer fees are outlined before the transactions
- It is flexible with transfer and payout option to suit up your requirements
- Competitive exchange rates and reasonable transfer fees allow the transfer to be much easier and economic
If the money transfer solution that you choose checks all the above lists, then there is no reason for you to hold back. You must choose this financial institution to transfer money. The trusted app is reliable when it comes to online remittance. You can send money with the low-cost remittance, which is a quick solution for superfast and instant money transfers.
EziPay – A money transfer app for sending money to family abroad
While everyone’s preferences and needs are different, various factors influence the type of money transfer services you choose and the type of work you do, the hours, and the type of lifestyle you lead. Speed and convenience are big priorities that push you to transfer money using a mobile app. This secure money transfer service makes sure to give you the best speed and hassle-free services.