Nowadays, every single thing has made its way into the vast
world of the internet. Everything is in the binary code. Basically, everything
is digital. From clothes, foods, electronics, movies, to education and work, a
number of people around the world prefer online services. If everything has gone
online, it is mainly because of one thing and that is because the money went
digital a few decades ago. With online services, an ex-pat can easily send money to
Nigeria, Gambia, Ghana or any of his/her destined country. Online services
are not all about credit cards payment. Instead many other methods are also
there.
How Has Money Gone Digital And Why?
How Has Money Gone Digital And Why?
The money went digital mainly because
of one thing and that is distance. Distance is the only thing that increases the
time to do things. For example, if one wants to buy some food from a
restaurant, and they do not have the option of sending money in digital form to
the restaurant that is 15 minutes away on car, then they will have to get
ready, drive for 15 minutes, wait 5-10 minutes for the food to get read, and
then come back in 15 minutes to enjoy their meal—now that is time-consuming. Instead
what is a more efficient solution? Paying online. But now you may ask how can
one pay money online? It is simple, by opting for reliable apps and websites
via the internet or going for traditional methods.
Online
Funds Transfer Methods:
As of this moment, there are two best
ways one can send money online—these
are:
1. By
using banking apps and websites (after getting biometrically verified
properly).
2. Through
the help of privatized online money transfer services.
1. Online Apps and Websites
Apps and websites can be assessed
on every single smartphone. They are easily accessible; all one need is a
stable internet connection. Once one has a smartphone, they can download the
app or go to the website of the bank they are attached to. Once they go there,
they have to sign up, log in, get themselves verified through proper
identification. Once it is all done, money can be transferred through the
mobile app or by simply going to the web portal to transfer money.
2.
Through Privatized Money Transaction Services
These money transfer services are actually specialized in sending money
abroad to different countries. They can send money within cities and provinces
of the same country but are also used for international money
transfers to Nigeria or anywhere else. Like banks, they can transfer money
abroad, but unlike some banks, they don’t ask for a hefty fee to make the
transaction. The exchange rates to different countries are favourable if you
choose a reputed money transfer company. Moreover, they are secure too. One can
opt for a money transfer company
if they want some good exchange rate, fewer transaction fees, and 7 days a week customer
service.
All in all, both services offer
the same result. It is up to your preference as to what you choose to make
money transfers online.
Comments
Post a Comment