Send And Receive Money Online With These Websites


During these times that we are locked up in our homes 24/7, it is harder to make transactions. It is when the innovation of fintech comes into play. Because of fintech, sending money, receiving funds, and paying bills become more accessible and convenient. In this article, we will talk about platforms that are safe to use for sending money online and receiving funds .

What is the most used platform?

Over the years, PayPal has been in the lead when it comes to this niche. This platform has over 300 million people around the world. When you open a PayPal account, you may link your debit or credit cards securely. But lately, a lot of PayPal users are having trouble with their platform, such as their account getting on hold and extra charges. Check this out if you are looking for a PayPal alternative.

Is Using Digital Finance Services Safe?

We understand that you get skeptical when it comes to transactions and money. But to answer this question, yes, using digital finance services is safe. Most of them double their security features to prevent cyber criminal activities, phishing, and hackers. Of course, you need to take into consideration the reputation of the platform you’re going to use. This is what this article is for. Without further ado, here are platforms that you should use for digital banking.


All you need is an email address to start setting up your Veem account. You may send money online to over 100 countries. If you need to send money abroad, Veem supports over 50 currencies, with competitive foreign exchange rates. You can also securely send your money from Veem to your bank account. Veem is also integrated with some reporting tools like Quickbooks Online, Xero, and NetSuite. In terms of customer support, Veem provides a 24/7 help center plus several articles and infographics that are easy to digest.

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Payoneer is one of the best PayPal alternatives out there. Whether you are a freelancer, a business owner, or someone who prefers digital banking, you can never go wrong with Payoneer. As long as you have a Payoneer account, you can transact with other people in over 200 countries! Sending money domestically and internationally has a flat rate of $3 per transaction. You will receive the money after 24 hours of being sent. For customer support, you can email the company, call or chat their live support.


TransferWise charges $0.44 per transfer which is one of the cheapest platforms. However, compared to Payoneer, the funds will reflect in your account after 2-3 days of being sent. So if you don’t mind the waiting time, TransferWise is not a bad platform at all. TransferWise has over 8 million users around the world, where you can enjoy real exchange rate transfers. This platform has a lot of useful tools that you can use, like the exchange rate calculator and tracker. The unique thing about TransferWise is that your money never crosses the border. When you make a transfer, you are paying the TransferWise bank account where you can see the fees upfront. The receiver gets paid by their local TransferWise account after a few days.


If you’re from the states, you probably heard the term ‘Venmo me…” Venmo is another platform under PayPal. Venmo is classified as a peer-to-peer payment app and digital wallet. If you need to borrow some cash from a friend, it is easy to do with Venmo. Users can transfer up to $3,000 of funds. However, every transfer requires a fee. If you want a convenient app that you can use to transfer and receive money in small increments, Venmo can get the job done. This platform has bank-grade security and encryption. The biggest con of using this app is you can’t use this internationally. But if you are from the United States, go ahead and create witty catchphrases when asking funds from your mutuals.

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Zelle is another platform similar to Venmo. Transfer smaller amounts with no fees when transferring money to bank or debit accounts. You can send or request funds directly to anyone who is in your contact list. You can send and receive funds after a few minutes of being sent. The only thing you need to start a transaction is an email account or your phone number. However, like Venmo, you can’t transfer and receive funds outside the United States with this app.


ProPay has no hidden charges and has flat rates for transfers. ProPay is best to use if you have an e-commerce business. It has end-to-end encryption and provides a lot of perks for its users. For example, ProPay has the Spend Back feature that allows users to pay for discounted wholesale orders. Using a ProPay merchant account, your business can accept debit and credit card payments. ProPay is the most innovative payment solution for you and your business.

Final Words

Now that we are social distancing, we need to find solutions when it comes to our money transaction. Luckily, there are a few digital banks and fintech to pick. When opening an account, consider exchange rates, transfer fees, navigation, and how many days before you can receive your payments.

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About the Author: Nicky Bella

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