Online, local, and worldwide payment sending and receiving is a relatively recent development. Up until recently, the only safe and authorized way to move money from one place to another was through bank transfers. We encourage you to give it a try even if you have never sent or received money online. The blog outlines four scenarios or causes for which you might have to use online payment platforms or apps to transfer or receive payment online.  

Family/Friends Residing Abroad

The globe is becoming a global village at a rapid pace. It's likely that you have close friends or family in another city, nation, or continent, no matter where you live. International money transfers are necessary for a number of events, including birthdays and anniversaries, gift-giving on special occasions, and personal loans to siblings. We encourage you to sign up for a reputable and cost-effective online app, such as the Remit Choice app, in order to facilitate simple and rapid money transfers.

Personal Emergencies

You could also need to use money-transfer websites or applications for private emergencies. Personal emergencies can involve things like travelling and getting into an accident, having a physical emergency while in another country, having your identity stolen while you're away, or losing your phone, wallet, or credit card.

Lack of Reliable Bodies in your Country to Send or Receive Payments Online  

Many nations in Asia, Africa, Latin America, and other second and third-world regions do not offer services from widely recognized payment gateways and money-transfer platforms like PayPal and Western Union. If you live in one of these nations, you ought to sign up for a reputable app or platform that enables cross-border money transfers. 

Natural Calamities

Natural disasters can strike any nation at any time. These consist of things like storms, forest fires, earthquakes, and floods. These may also need you to transfer and receive money quickly and securely with your friends and family.