In one development of that theme, today, Taptap Send - one of the startups building tools to manage these money transfers - is announcing $65 million in growth funding as it continues its mission to enable remittances specifically to the most overlooked countries. The World Bank estimates that some $589 billion will be sent this way in 2021, according to research from the World Bank, up 7.3% on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to COVID-19. We are currently available in these countries.Cross-border remittances - when people living and working abroad send money back home to friends and family - continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. We always work hard and strive our best to offer you with fast and secure transfers at great rates. We may need additional documents, but you will be informed directly if that's the case for you. How to upload your ID ( English, French, German, Italian, Spanish, Portuguese, Vietnamese ).Please refer to the materials below for more information. To verify your account, you’ll need to provide a government-issued identification document (ID) via the app. This is why sometimes we ask our customers to verify the ownership of their account. You can learn more here.Īs a regulated business for money transmission in multiple countries around the world, we need to follow compliance and security regulations to ensure our users' safety. ![]() We allow you to advance this fee in certain corridors. Please note: Some mobile money providers may charge the recipient a small fee upon cashing out. You can check our website and select where you would like to send money to see how much your transfer costs. ![]() We work hard to offer the best daily exchange rates possible!įor certain countries, a small fixed fee is charged, regardless of the amount you send. If you are sending a transfer to an e-wallet and use mobile money services, it depends on which provider you are sending money to and what type of wallet your recipient has ( see here).įor most markets, we charge a small percentage of the exchange rate and no additional transfer fees.
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