WorldRemit Review – Features, Transfer, and Security
As WorldRemit provides a niche service, it is actually able to offer up a number of benefits to its customers.
WorldRemit was founded in 2010 by Ismail Ahmed. The goal of this service is to make money transfers a great deal simpler for people in both developed and developing nations alike.
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Although the company is less than a decade old, it already handles transactions for over 4 million people around the globe. The company also has a presence on six continents.
Lots of Transfer Options
You will be hard-pressed to find another service that offers as many transfer options like this one. To begin with, you can select bank transfers for larger sums. However, if you want to send smaller amounts or want to reduce the hassle for recipients, there are other options.
One of these is the cash pickup. If your recipient doesn’t have a bank account, they can head to a designated office to pick up the money by themselves. You can also send money from one mobile digital wallet to another as well.
In certain countries, the door-to-door option is also available. Here, the money will be delivered straight to your recipient’s door. It really doesn’t get any easier than that.
Numerous Payment Options
You can also pay for your transfers in different ways. You can use the traditional credit or debit card, bank transfer, and various payment systems such as Poli. At the same time, you can also send money via Apple Pay and Google Pay. This would make your transaction process a great deal quicker and more efficient, we can say in this
Good Global Presence
As mentioned, one of
Many of the transfer options offered by
To begin with,
The company also goes to great lengths to secure the website and its related apps. As such, your account is well-secured and only you have access to it.
It is just as important to be aware of the downsides of using this service as well. Below you can find the cons from this
Complex Pricing Structure
The pricing format at
Not Suitable for Larger Transfers
The pricing structure and the general setup of this organization mean that it is better suited for smaller amounts. So, if you want to send large sums, it may end up getting quite pricey. Not to mention, there are various limits to adhere to as well. Thus, you may not be able to send as much as you would like.
Poor Customer Service
As mentioned, the site has been set up to provide you with as much information as possible. The downside of this is that it can be rather difficult to get ahold of an actual agent. So, if you have further queries or run into any issues, getting any answers can be rather frustrating.
As a whole, the concept behind
In addition to this, the service is entirely reliable. It is regulated by so many different agencies, that you know all of its operations are above board. Even if you do encounter any issues, it will be easy enough to file a complaint with one of these oversight agencies.
There are a few points of contention with
Also, it is important to always look around and determine just how good the rates are at