In order for business around the world to be easy, there ought to be a simple way for people to make the payments. Gone are the days when people had to settle for banks whenever money had to be sent overseas for business or just for social purposes. When the banks were the only option it was very inconvenient because people who could not find time to rush to the bank during the day were locked out of the transaction. With online money transfers you can transact any time. You do not just have to use the channels when doing the transfers across continents because they also work when the person is near you. Paypal is the leading global money transfer network. It has been around for a while and it is very reliable. This network allows people to make transfers of as much as $10,000 to more than 190 countries. You only pay 2.9% of the total amount you are sending and those who use debit cards or even credit cards will only be charged 30 cents. The network supports about twenty currencies which means every major currency in the world is covered.
If you want to send your friends some money when Venmo will allow you to do that easily. You can send the money through the other party’s phone number or just the email. When it comes to the use of Venmo accounts, money transfer for people who have added their bank accounts to Venmo are free but if you use a credit card or even a debit card there is a three percent fee that is applicable. Google is in everything people are doing now. It only makes sense now that they have added a means of payment through the Google Wallet. Anyone who has a Google account can take advantage of this method and creating a Google account is not complicated. In the event that you are using your debit card in the transaction, the service charge is only 2.9% but for users who have added their bank account the services are free.
You can use Square Cash in sending money even when the recipient hasn’t created such an account yet. As long as you have their email address, it can be linked to one of your bank cards. You only pay for the services if you open the business version and the fee is just 3%. The next time you are chatting with your friends on Facebook Messenger you can send them some money and the better part is that all this can happen in the process of chatting. However, only people who hold debit cards from U.S banks can accomplish this.This website will offer more details.