Key Takeaway Remitly Pros Cons   Users can receive money via bank account, mobile device, cash pickup or home delivery Fees may not be upfront, and exchange rates may have markups.   Easy to use with a user-friendly website and mobile application Lower daily and monthly limits, especially for unverified users.   Receive real-time notifications ...

In the last few years, the finance landscape in the Philippines has undergone a drastic transformation in terms of technological advancements. This has given rise to cashless transactions using digital wallets or e-wallets.   E-wallets serve as virtual repositories of your funds that can be accessed and utilised using smartphones and other mobile devices. Their ...

Transferring money abroad comes with its challenges. To name a few, are the high fees and amount of time you will have to wait until the money arrives at your recipient’s bank account. This is where money transfer providers like Wise become a better solution than banks or other traditional money transfer methods.   Pros ...

Ever noticed how gold prices are skyrocketing lately? Seems like more and more folks are considering taking their gold to pawn shops for some quick cash.   But hold your horses before you dash to the nearest pawn shop! You need to understand how these places operate first.   Pawn shops have been part of ...

Key Takeaway Remitly   Pros Cons Supports bank transfers and mobile wallet transfers Limited to personal remittance transfers Fast cash transfers Low maximum transfer limit Good exchange rates compared to traditional banks and other remittance companies     Western Union   Pros Cons Extensive coverage, allowing money transfers to 200+ countries Considered one of the ...

A payment platform founded in 2005, Payoneer is a well-established name in international money transfers. They allow businesses like Airbnb and Amazon to handle international payments, send and receive invoices from clients, collect money from well-known online marketplaces and pay freelancers around the world.   As of writing, you can send more than 150 currencies ...

Established in 1998, PayPal has long been the pioneer in online payments. It supports international payments to 200+ countries and 25 currencies, and over 200 million merchants worldwide accept PayPal payments.   Payments with PayPal are also known to be secure and fast. Users are protected with its robust encryption and transfers take 30 minutes ...

Toronto is by far the largest and most populous city in Canada, known for its booming economic and educational sectors. While it offers a modern urban lifestyle and endless opportunities to expatriates, it comes with its own set of financial considerations.    This blog is designed for those planning to move to Toronto and wondering ...

For those who frequently do international transactions, Wise is one of the popular payment solutions. It offers innovative features that allow its users to send and receive money globally to and from 70+ countries in 50+ currencies.   However, it’s not the only available solution. Many other remittance services are worthy of being considered as ...