The ability to send money by email is certainly one of the best things to come out of the online world. The simplicity with which people can now send money back home to family and friends, pay for goods and services and personally have access to money can not be underestimated.
We have always been able to transfer money to other people or businesses, it just tended to be time-consuming and to the ordinary person, often overly complicated. Now it only takes a few minutes to sign up at one of the many online money transfer services, know the recipient’s email address and that’s about it.
They will receive a notification of the payment from the email money transfer company. We have also included more details about how email money transfer works so you can be more comfortable with the process.
In addition to the simple convenience the online money transfer fees are usually much less than the traditional services. The main reason is the advances in technology. Most of it can be done electronically and doesn’t require people behind shop counters actually handling the money. The fees to get and send money online vary across the services and you should check each website in detail. Because of the increased number of money transfer services, you should find the major ones are very competitive with each other.
Whilst you can probably do most of your money transfers online, there might be times when you need to look at the alternatives to sending money online. Perhaps you are sending money to family or friends in a country where the online services don’t operate. In that case you will need to look for an alternative and we discuss a few of those as well. That said, most countries are now serviced and check the pages linked on the right for your country.
Overall, if you have any reason to transfer money, be it to the next city across from you or maybe the next continent then you should at least consider sending money online as opposed to the more traditional services. In addition to the time saving you should also save a few dollars in money transfer fees.