International Transfers

International Transfers int-transfers

Yes, send e-money like cash! Does someone owe you money? You need to pay back a little debt or complete international transfers? Want to surprise your friend, spouse or kids? There’s nothing like being able to send and receive cash safely with just a few taps. And all this while you are chatting!

Here’s how:

Sending e-money to almost anywhere in the world with Moneymailme is really simple and it only takes ten seconds. After you register your account and complete diligence (safety is paramount), it’s quick and easy to add e-money to your balance. Then you’re ready!

Currency Transfers

Moneymailme is the first app that lets you send cash while chatting to friends and family around the world. Completing mobile currency transfers has never been so simple. Easy to use, built-in security, and works almost everywhere in the world.  E-money transfers are that simple, friendly, and low-cost.

Moneymailme enables low-cost cross-border transfers in US dollars, UK pounds and EU euros. There are no fees for receiving or sending funds within the closed app system to any of the users, just an account top-up fee of 2.5%, substantially lower than the standard competition.

Users can make transfers from anywhere in the world thanks to the VISA and Mastercard networks as long as the country is not black listed (list here).

Regarding the PAYOUTS (cash-out payments), Moneymailme covers the SEPA zone, the US and Canada.

Social money transfers

Social money transferring involves sending and receiving of virtual cash via an app that adds and subtracts value from a user’s mobile wallet. The innovation is the added social element: transactions occur within the context of online chats or exchanges of data files, texts, videos and photos. Value transfers now move with the same fluidity as text, meaning dollars, pounds and euros travel as fast as words.

According to the World Bank, an estimated 90 percent of fund transfers are sent to family members, who are normally connected via social media sites. This link between senders and recipients gives social media a huge potential to replace and disrupt the traditional remittance market.

MULTIPLE CURRENCIES

Moneymailme provides it users with the ability to use multiple currencies.

When creating a Moneymailme e-wallet, you can choose your preferred currency, from EURO, USD or GBP.

Moneymailme’s Foreign Exchange capability ensures, with the addition of two new currencies GBP and USD, that you are now able to transfer funds to any of your contacts with other base currency e-wallets at highly competitive foreign exchange rates.

You can request or send e-money within seconds with Moneymailme, without needing to know  your contacts bank account number or other transfer details. Just add him as a contact in the app and this is all it takes to start enjoying the benefits! Sending 50 euro from Europe to your friend in the US? No problem. With Moneymailme you can transfer cash, almost anywhere in the world, as easy as sending a picture or a smile.

Money International

You can request or send money international within seconds via Moneymailme, without needing to know your contacts’ bank account number or other transfer details. Just add him as a contact in the app and that’s all it takes to start enjoying the benefits! Sending 50 Euro from Europe to your friend in the US? No problem. With Moneymailme you can transfer cash, to almost anywhere in the world, as easy as sending a picture or a smile.

Moneymailme lets consumers move cash digitally across borders and currencies. This marks a major breakthrough in social money transfers which to date have largely been restricted to domestic-only transactions.

Face-to-face money transfer fees for cross-border remittances have traditionally been high, taking an unfair amount of cash from people who statistically represent low wage earners. By Q2 2014, the global average cost of sending remittances was 7.68% of the amount sent, according to the World Bank.

Therefore, the Moneymailme service is good for people on the move and also for Millennials who largely require a low-cost, convenient way to send international transfers to family and friends.

According to the World Bank, digital remittance payments will have a profound effect on financial development in emerging countries, familiarizing many people with digital money flows and encouraging them to enter more formal banking systems.

We see sending and moving money as being at the heart of on-going conversations, and always within a social context – like buying flowers, repaying a debt or helping the family with their rent. It’s our money to send and receive at will, and it shouldn’t be expensive to do so.

Hampshire, U.K-based Juniper Research’s report Mobile Money Transfer & Remittances: Domestic & International Markets 2015-2020 predicts that social media will play a major role in driving the global mobile money transfer market. The same report estimates that the global number of mobile P2P transfers will grow by nearly 150 percent in 2015 to over 13 billion, with several social media firms experiencing significant growth in service usage.

Moneymailme was conceived with the belief that a social media tool mixing the social aspect with the financial side would satisfy two basic human needs — conversation and cash.

Moneymailme allows its users to send and receive e-money in multiple currencies. When creating a Moneymailme e-wallet, you can choose your preferred currency: EURO, USD or GBP. Moneymailme’s Foreign Exchange capability ensures, with the addition of two new currencies – GBP and USD, that you are now able to transfer funds to any of your contacts with other base currency e-wallets at highly competitive foreign exchange rates.

You can request or send e-money within seconds via Moneymailme, without needing to know your contact’s bank account number or other transfer details. Just add him as a contact in the app and that’s all it takes to start enjoying the benefits! Sending 50 Euro from Europe to your friend in the US? No problem. With Moneymailme you can transfer cash, to almost anywhere in the world, as easy as sending a picture or a smile.