We live in the age of technological convenience. Thanks to smartphones, tablets, and revolutionary new apps, you can send money around the world in a matter of minutes.
Despite these advances, however, many consumers have questions about money transfer apps including, “Is it safe to send money through my phone? Are money transfer apps available around the world? How does it compare to sending money through my bank?”
In this blog, we’ll answer each of these questions while highlighting the most five compelling reasons to use a money transfer app in 2021.
1. Money Transfer Apps Are Safe
Safety is paramount, especially when it comes to your financial information. As you research available money transfer apps, ensure you select the provider with the best security infrastructure.
Ultimately, you are in charge of protecting your financial information. Avoid phishing scams, don’t open suspicious email or text messages, and never use a money transfer app to purchase items online.
Also, remember that money transfer apps are a close equivalent to carrying cash. If your phone was lost or stolen, a stranger could quickly transfer money from your account. From face and fingerprint ID to two-factor authentication, take advantage of every security and privacy feature in your money transfer apps.
At uLink, we make your security our top priority.
To protect your personal and financial information, the uLink app features state-of-the-art encryption systems, so you can send money home with confidence. Plus, whenever you complete an order, you’ll be able to track its progress right within the app.
2. Money Transfer Apps Save Time
Gone are the days of driving to the bank, waiting in long lines, and filling out tedious paperwork to send money overseas.
With the uLink remit money transfer app, you can support your friends and family wherever and whenever you want. Once you have an account with uLink, all you have to do is open the app, add your beneficiary and account details, and complete the transfer.
As for the next time you need to send money to that person? All you have to do is use the “Quick Send” feature for repeat transactions.
3. Money Transfer Apps Will Save You Money
Sending money abroad can often be met with exorbitant fees and unexpected exchange rates. Many banks will even charge you a percentage of the total transaction, taking a sizable chunk of cash out of the money you send home.
At uLink, we are driven to help you save money and maximize your financial gifts. While the value of currencies is constantly in flux, it’s essential that you have accurate market information before starting and completing a transaction.
That’s why in the uLink app, you’ll always be able to view the daily exchange rate once you log in.
As part of our commitment to total transparency, you can be rest assured to have complete visibility to a detailed fee breakdown, so you know the exact amount that your loved ones will receive “before” you place your transfer.
4. Money Transfer Apps Make It Easier For Your Family
“Did the order go through?” “When will it be completed?”
The uLink app is designed to help take the guesswork and worry out of money transfers.
Before completing an order, you’ll be able to set up SMS alerts for your recipients. So as soon as the transaction is complete, they’ll get notified that the money has been delivered.
With the uLink app, you also have greater flexibility to choose how you’d like your friends and family to receive the money you send. Serving over 143,000 locations in more than 51 countries, uLink customers can select between account credit, cash pickup, and even home delivery (available in select countries).
5. Money Transfer Apps Are Global
Connectivity is everything, especially in 2021. While revealing the importance of digital communication, the coronavirus pandemic brought into question the reliability of in-person activity.
How often did it seem safer and more practical to remain at home than to venture out? Even today, the vast majority of all business is still conducted remotely. For international families, the uLink app remains a crucial part of supporting this modern financial infrastructure.
Though you may be on the other side of the world, the uLink app ensures that you can safely provide for your loved ones during the moments you need it most.
Sending Money with uLink
With uLink, you can skip the long wait times and hidden fees and send money home fast. Thanks to our global network, you can send money to over 143,000 locations in more than 51 countries. And with our great exchange rates and low fees, you can send more money home than ever before.
Plus, after your 1st, 2nd, and 5th transactions, we’ll send you a $10 gift card to use at your favorite retailers. That’s $30 in gift cards after your first five transactions with uLink.
Miles from home — just moments away with uLink.