Online financial services platforms the new paradigm of international transfers.

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Online financial services platforms the new paradigm of international transfers.

What is the cheapest, fastest and safest way to transfer money to international accounts?

FinTech is making financial services cheaper. There are online financial services platforms with low fees for transfer and low rates for currency exchange.

To mention a few: PAYSEND, CURRENCIES DIRECT, CURRENCY FAIR, XE, REWIRE, WORLDREMIT, REMITLY, AZIMO, TRANSFERWISE, WORLDFIRST…

That the transfer fees and currency exchange rates are very low is of vital importance, not only for individuals who make punctual transfers, but also for international trade.

In the EU linked to SEPA banking regulations, transfers are immediate, but outside the EURO zone it usually takes more than two days for traditional bank transfers, not the case with faster online financial service platforms.

When it comes to security, transactions in online financial services are end-to-end encrypted.

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