alanya escort manavgat escort fethiye escort kemer escort didim escort çanakkale escort Aydın escort muğla escort tekirdağ escort manisa escort balıkesir escort trabzon escort elazığ escort ordu escort kütahya escort ısparta escort rize escort maraş escort yalova escort giresun escort yozgat escort tokat escort şanlıurfa escort sivas escort batman escort erzurum escort sinop escort kırşehir escort karaman escort kırıkkale escort bolu escort amasya escort niğde escort uşak escort edirne escort çorum escort osmaniye escort zonguldak escort van escort erzincan escort Hatay escort Aydın escort İzmir escort Ankara escort Antalya escort Bursa escort İstanbul escort Kocaeli escort Konya escort Mardin escort Mersin escort Samsun escort Sinop escort Tekirdağ escort Rize escort Amasya escort Balıkesir escort Çanakkale escort Bolu escort Erzincan escort Şırnak escort Adana escort Van escort Yozgat escort Zonguldak escort Afyon escort Adıyaman escort Bilecik escort Aksaray escort Ağrı escort Bitlis escort Siirt escort Denizli escort Burdur escort Diyarbakır escort Edirne escort Düzce escort Erzurum escort Kırklareli escort Gaziantep escort Giresun escort Kilis escort Kars escort Karabük escort Kırıkkale escort Kayseri escort Kırşehir escort Malatya escort Maraş escort Manisa escort Muş escort Muğla escort Kastamonu escort Ordu escort Nevşehir escort Sakarya escort Osmaniye escort Şanlıurfa escort Sivas escort Trabzon escort Tokat escort Ardahan escort Bartın escort Karaman escort Batman escort Bayburt escort Bingöl escort Elazığ escort Gümüşhane escort Hakkari escort Eskişehir escort Isparta escort Yalova escort Uşak escort Iğdır escort Ankara escort Bursa escort Antalya escort Kocaeli escort İzmir escort Konya escort Diyarbakır escort Samsun escort Mersin escort Hatay escort Malatya escort Muğla escort Tekirdağ escort Kütahya escort Aydın escort Manisa escort Trabzon escort Balıkesir escort Afyon escort Sivas escortÇanakkale escort Isparta escort Yalova escort Giresun escort Kahramanmaraş escort Şanlıurfa escort Ordu escortTokat escort Yozgat escort Çorum escort Erzurum escort Elazığ escort Aksaray escort Kastamonu escort Kırklareli escort Rize escort Kırıkkale escort Burdur escort Karabük escort Kırşehir escort Bilecik escort Niğde escort Amasya escortUşak escort Edirne escort Sinop escort Düzce escort Erzincan escort Karaman escort Osmaniye escortadana escort ankara escort antalya escort balikesir escort sakarya escort bodrum escort bursa escort denizli escort eskisehir escort gaziantep escort hatay escort izmir escort izmit escort kocaeli escort konya escort manisa escort mersin escort samsun escort samsun escort sanliurfa escort tekirdag escort adana escort adiyaman escort afyon escort agri escort aksaray escort amasya escort ankara escort ardahan escort artvin escort aydin escort balikesir escort bartin escort batman escort bayburt escort bilecik escort bingol escort bitlis escort bolu escort burdur escort bursa escort canakkale escort cankiri escort corum escort denizli escort diyarbakir escort duzce escort edirne escort elazig escort erzincan escort erzurum escort eskisehir escort gaziantep escort giresun escort gumushane escort hakkari escort hatay escort igdir escort isparta escort istanbul escort izmir escort izmit escort kahramanmaras escort karabuk escort karaman escort kars escort kastamonu escort kayseri escort kibris escort kilis escort kirikkale escort kirklareli escort kirsehir escort kocaeli escort konya escort kutahya escort malatya escort manisa escort mardin escort mersin escort mugla escort mus escort nevsehir escort nigde escort ordu escort osmaniye escort rize escort sakarya escort samsun escort sanliurfa escort sinop escort sivas escort tekirdag escort tokat escort trabzon escort usak escort van escort yalova escort yozgat escort zonguldak escort
Online Money Transfer

A long time back, money transfer was a telegraphed service. Back in 1973, the Society for Worldwide Interbank Financial Telecommunication or SWIFT was established by banks for money transfer worldwide. However, with the onset of WWW, things changed forever and for the better. Today, due to digital technology, electronic transfer and e-deposit are a reality. The difference between the conventional money transfer pre-digital era and now primarily lies in the delivery speed. Invariably the speed of such transactions will give thrust and boost to the business and lifestyle aspirations of the common man.

Money transfer via electronic medium should be done responsibly

While the internet has enabled swift e-money transfers, it does not entail that users can be careless and carry out such transactions without any sense of responsibility. You need to consider various aspects when choosing the right platform for online money transfer via electronic medium.  Here are some of the main points to keep in mind:

  1. Choosing the right app is imperative – whichever platform or app you choose to facilitate seamless and secure money transfer, ensure that it should be safe, trusted, and credible. Choose a platform that follows end-to-end encryption so that the transfer can take place with the highest security levels.
  2. Look into the charges of money transfer, unlike conventional methods or the use of credit cards or debit cards, where transfers cost money, though the charges differ from bank to bank.   In most cases, the bank charges are quite high. However, when you choose a money transfer app, ensure that the charges are minimal along with fast services.
  3. Another essential aspect that needs to be considered when going in for electronic payment is to ensure that the beneficiary details are entered accurately. Ensure that the account number or bank details are all accurate.
  4. It is also essential to ensure that all risk factors are thoroughly evaluated before undertaking an online money transfer. It is imperative to read, understand and apply the do’s and don’ts and the best practices of online transactions preceding all e-money transfers.

Online money transfer – is it a pro or a con?

Choosing the right app for a money transfer can prove to be a huge benefit. One of the biggest advantages of online transfer of money is that it is fast and swift. Downloading a reputed and trusted money transfer app helps you enjoy the benefit of carrying out the transaction fast anytime, anywhere. In fact, the transaction is completed within seconds or few minutes without the need to fill up paper or document. The paperless method is a big benefit because it directly impacts cutting down trees and the environment.

Besides, the transaction can be carried out at your convenience. You do not have to wait for the bank or the financial institution to open.  Online money transfer entails downloading a credible app and opening it anytime necessary to transfer money electronically. Also, it is immaterial that you are traveling or stationed at your native place. The app will help transfer the money from wherever you wish to carry out the transaction – all that you need is a strong and secure internet connection.

Digitally, you can transfer money to any bank account seamlessly. Be it paying your credit card bill or transferring money to your parents staying in a town or rural area. Another strong reason in favor of online digital money transfer is that the charges involved are minimal and your KYC process is super fast. There is hardly any need for physical verification, and the entire process takes just under a few minutes.

While there are no upfront con of e-money transfer, it is important that enough care is taken to download the right app and use it safely for maximal benefit.

Leave a Reply