At TransferGo, we’re all about making life easier for you. Which is why we’re pretty excited about our new feature. We’ve partnered up with Visa and MasterCard to make sending and receiving money even easier. Here’s everything you need to know about how you can send money straight to a debit or credit card (and why you’ll want to).
Send money to a debit or credit card—just like that
Sounds weird, right? You might think that you pay money from a card, not to a card. But that’s exactly what you can now do. Rather than paying into someone’s bank account, you can transfer money straight to their debit or credit card. It’s that simple, and there are heaps of benefits to sending money this way.
A simple life
No-one likes hassle and if you send money to a card, life is so much more convenient. There’s no need to go through the rigmarole of online banking. You don’t even need to know the receiver’s International Banking Account Number (IBAN). All you need to pay them is their 16 digit card number. Or if you prefer, scan their card—easy!
Make great savings
High fees? Hidden costs? Forget about them. This method avoids bank charges, which means you can send money not only easily, but cheaply as well. In fact, at TransferGo you’ll pay up to 90% less than at the banks—that’s quite a saving.
The need for speed
We already boast super-fast transfer times, and now they just got faster. Paying to someone’s card allows you to send and receive money through Visa Direct, which is Visa’s real-time push payments platform. So no need to worry about that last-minute payment you forgot to make—they’ll have the money before the kettle’s boiled.
The choice is yours
It’s always good to have options, and this method gives you more flexibility when making payments. What’s more, you can send money to more countries and banks than ever before. Ukraine, Turkey, Romania, Poland, Spain and Germany are just some of the 32 markets available.
Safety and Security
Not only does our partnership with Visa and MasterCard enable you to send money to more people, but it also gives you added security when making your transfers. No telephone numbers, no CVV numbers—rest assured you won’t be sharing these. And at a time when physical touching is a no-no, sending money digitally is definitely the way to go.
There you have it. A quicker, cheaper, easier way to send money that’s totally safe. What’s not to like? Send money to a card and see for yourself!