By Mohammed Waseem
We know what ping means when we talk about personal messaging, but what if we use it while talking about money transfer? Yes, there is a money transfer service called Ping Money, which enables money transfer to Ghana.
Ping Money is a fast, secure, reliable and convenient money transfer service, which allows customers to transfer money from across the globe to Ghana. They presently operate in the UK and have plans to expand to the US, Canada, Netherlands, Germany, France and other EU countries. Users can send money from anywhere in the world, as long as they have a Ping Money account, as all transfers happen online.
Money transfer to Ghana is not easy; there are regulation problems which prevent direct transfers to Ghana. Only a few leading services such as Western Union and few known banks provide the service, but their charges are high. For example, Western Union charges 13.90 GBP for sending 300 GBP, while, Ping Money charges 3.95 GBP for the same amount.
In order to send money, users need to register with Ping Money, enter the transaction amount and confirm the transaction. Once the transaction is complete, the recipient can access the money immediately. Ping Money offers 4 different ways to send money. Users can send money from e-wallets, from their bank accounts, through credit cards and through Sofort.
Recipients can receive the money either in their mobile wallets, on their prepaid cards, into their bank accounts or over the counter. The e-wallet service they offer is primarily meant for transferring money to Ghana; it is similar to a bank account, users can save money and send it after they have enough money in the wallet. Funds can be secured in e-wallets through debit cards, bank accounts and Sofort. If the users send money to 2 or a maximum of 3 beneficiaries in one transaction, they can avail a discount on transfer fees.
In addition to this, Ping Money also offers mobile top-up to any mobile network in Ghana and prepaid card service. They have made it easier for Ghanaians to send money back home at a low cost, amidst other services which comparatively charge much higher. And they make the money available immediately, just like a ping.