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The place of technology in our lives is increasing day by day. The increased use of technology during the pandemic days has also led to a significant shift in consumer expectations. Money transfer is also one of the issues affected by the exchange. Being able to transfer money quickly and easily has become part of our daily life. Many consumers who do not want to devote time to this type of work in the conditions of fast living have experienced and are convinced that with the pandemic there is actually no physical obligation to go somewhere physically.
Money transfer transactions are increasing day by day, bringing with it many new methods. In addition to transferring money from banks via EFT, wire transfer, SWIFT, it is also possible to transfer money using methods such as money transfer applications, wallets and even cryptocurrencies.
When transferring money, it is important that you know the issues that you need to pay attention to in order to choose the most correct method for you and make your choice accordingly.
SECURITY
The most important thing you need to pay attention to is that the application or institution you are using is reliable. In order to make a money transfer, you need to share your personal information with the application you will use, thus ensuring the safety of your money. That is why the reliability of the institution in which you will work for the security of both your personal information and money is very important.
It is necessary for the safety of your money to investigate the vehicle, product or service with which you will carry out the transfer of funds, to be vigilant about scammers. You can be sure that your money is safe by choosing companies with “Electronic Money Organization” license in Turkey.
Once you have decided on the platform you will use, you must also personally take precautions for your safety. You should not share the password you use on the platform with anyone, but be sure of the reliability of the person or institution to whom you will send the money.
UPT, Turkey's first domestic, global money transfer and payment platform, has received the license “Electronic Money Organization”. You can digitally sign up to UPT's UPTION app and make your transactions securely.
MONEY TRANSFER FEES
The fees charged when transferring money abroad differ depending on the method of sending. Therefore, when choosing, you should also consider the commission fees, which will be deducted during the transfer of money. In addition, when you transfer money in different currencies, for example, when you want to send money from your TL account in USD, the exchange rate difference will be charged. You may incur hidden charges for currency translations and other transactions.
In addition, in some transactions, charges may be charged from the sender as well as the buyer. Therefore, you need to pay attention to the expense charges that both the sender and the receiving institutions will receive. However, as these transaction fees may vary depending on the amount charged by the brokerage firms, the fee to be charged to you may not be determined until the shipment takes place.
Thanks to the UPTION application, it is possible to send money abroad in an economical way, with low commission fees and no surprise costs. Moreover, no costs are charged to the buyer.
If you wish before the transfer, you can see the cost fees by entering the country where you will ship via uption.com.tr and the amount you will send, and you can compare with other options. You can also see the costs before sending via the application and send your money with peace of mind without hidden costs.
SPEED
With today's evolving technology, consumers' expectations of speed are steadily increasing. How soon the transaction will take place is also a matter that must be considered when choosing. When it comes to money, no one likes to wait too long. Therefore, with the developments in the field of financial technology, money transfers have become possible instantly. Even when transferring money abroad, there are now platforms where money can be delivered to the opposite party in minutes. Using services that offer this feature when sending money will save you time. Instead of sending money from the bank using the Swift method, using money transfer apps will save you time with instant mailings, especially if you don't have to wait for a weekend break.
With the UPTION app, you can instantly transfer money to 176 countries 24/7.
CONVENIENCE
The ease of the transaction in the transfer of money is equally important. Every day, methods are being developed with which the consumer can easily carry out his process without exhausting himself with extra processes. Now people want to send their money in ways that are as easy as sending messages. For this, only applications that specialize in money transfer come to the rescue. It is possible to easily transfer money via SMS or QR reading through these applications.
In addition to offering all these features, UPTION also offers practical methods such as sending money to your name when sending money abroad. It is very practical to send money abroad to the card, account or name with UPTION. You can also transfer money to UPTION users free of charge 24/7 by choosing from the guide. Using the QR feature, you can make your payments and/or collections quickly and securely, share the QR code you have created with tools such as WhatsApp, Telegram, SMS, and use it again if you want to add it to your favorites later. You can ask them for money by sending SMS to loved ones, or you can demand money from your friends in bulk by dividing the amount of a common expense that you paid for in the way you want.
CUSTOMER SERVICE
Customer support of the place where you will receive money transfer service is also one of the other important issues. In the event of a possible problem when it comes to money, it is very important to get prompt support. Therefore, it is also worth checking whether the platform where you will send money has customer support.
If you have a problem with the UPTION application, it is possible to contact the customer representative by calling the call center or via WhatsApp line.
To try Uption linke You can download the app to your phone by clicking, and after completing a few membership steps, you can become an Uption owner.
