Tag Archives: international money transfer

Mobile Money Transfer By World First

By Mohammed Waseem

We have heard and discussed about foreign exchange companies getting into the money transfer business; there are a lot of them in the market, each trying to outperform the other by offering exceptional services. Each of them try to attract customers and offer services comparable to those offered by banks, but at a much lesser fee.

We had learnt about a money transfer service offered by World First last week; let us now discuss about the Android and iOS solution offered by them to transfer money on the go. We had learnt that they provide better rates and charge lower fees, with the mobile app, customers can get all those services right in their hands.

World FirstThe app is available on Google Playstore and on iTunes. At present, only individual customers are fully supported, but corporates can still use the app for few features. It may be available for the latter very soon, as the company is working on it. Users can easily and quickly send money using a debit card, any time from their smartphone or tablet, it takes as less as 30 seconds to complete a transfer.

Payments tracker helps the senders track their transfers and know when the recipient has received it. They can also check live rates and initiate a transfer accordingly, in order to ensure best rates and more money for the recipient. In addition, the app has an inbuilt currency converter that helps the users know the value of the recipient’s currency and send money in local currency accordingly.

Users also use this app to make transfers between their own accounts. The services offered through this app are similar to that offered online on World First’s website, but for the fact that transfers can be done anywhere and at any time, the app is just great. It is also on par with other money transfer apps. The android app can be downloaded from here.

Send Mobile Top Up Internationally From UK With Lebara

By Mohammed Waseem

Lebara, a UK based telecommunications company enables users to send money internationally as mobile phone top up credit. Senders can send top up to prepaid users in over 80 countries. They have partnered with over 230 mobile network operators for this purpose. Airtime can be sent using a credit card or a debit card.

This service is an add-on to their other services that include instant money transfer through the agent network of MoneyGram and prepaid card transfers.

LydiaSenders can check the cost of their transfer here and can send airtime from the results screen or from here. They have also provided the list of supported countries and networks for the ease of the sender. All top ups are sent instantly, if the recipient’s number is connected with Lebara. They charge a nominal fee for every transfer. For instance, I checked their fee for sending INR 100 to a mobile number in India. They charge £1 for it, while the exchange rate is INR 102.34 for £1. So the fee is merely INR 2.34, which is just over 2% of the amount.

This works like the online mobile top up providers available locally in many countries. They partner with local operators and provide top up service to the users. The difference here is that the service is international and not all operators in every supported country may be available.

International online top up is ideal for those people who have left their families in their home countries and want to support them by freeing them from the need to top up their phones. The payment gateway is secure and money is transferred instantly, provided the network is supported by Lebara. They also offer cheap international calls and SIM cards for the UK.