You need to send money to Lebanon and you need to do it without any delays. You’ve got a smartphone or tablet in your hand, and you’re looking for the best app for international money transfers. Don’t worry, we’ve got you covered! Here’s a list of the top 5 money transfer apps to send money to Lebanon for you to choose from.
5 Best Online Money Transfer Apps
- Global Coverage
- Fixed fee
- Simple transfer methods
- Instant processing
- Bank-level security
Paysend offers global coverage, with the ability to send money to over 170 countries. Paysend displays the rate, transfer fee, and received amount before you make the transfer. It also allows you to transfer money in any way you want, including using bank cards, accounts, or even a mobile number. Transfers are also sent to your recipient in seconds. Most importantly, all money transfers are PCI DSS compliant and are certified by Visa, Mastercard, China UnionPay, and the FCA.
- Global Coverage
- Better transfer fees
- Bank-level Security
- Variety of choices for pay-in and pay-out.
Remitly facilitates international money transfers from 28 sending countries to over 135 receiving countries. It has low fees, allowing you to send more money home while still enjoying reasonable fees and complete transparency. Furthermore, Remitly takes every precaution to protect your information. The app uses 256-bit encryption (the banking industry’s standard) to prevent unauthorized access to your account. Besides, it offers a variety of pay-in and pay-out options.
- Fast remittance
- No hidden fees
- Safe & secure service
- Great exchange rates
- Mobile Money & cash pick-up
Taptap Send is licensed in the UK, Canada, the US, and the EU for sending money. 90% of Taptap Send transfers are completed in less than 5 minutes, and your card is protected by bank-level security and encryption. Most importantly, there are no hidden fees on transfers and Taptap Send negotiates rates on a daily basis in order to provide you with the best possible rate. Furthermore, once your money transfer is complete, the recipient can cash out within minutes at a nearby agent.
- Easy to use
- Diverse offerings
- Large transfer amounts
- 50+ currencies
- Various transfer types
Wise, formerly known as Transferwise, is a well-known and long-lasting online global money transfer service provider. In fact, all fees and costs are clearly stated at the outset, with the same flat fees applied to most international transfers. Besides, the website and mobile app are simple to use, with a quick sign-up process for new customers. In addition, It offers customer service in multiple languages via phone and email. Moreover, Wise is diversifying into new financial services, such as “borderless” debit cards and multi-currency accounts. Furthermore, Wise is an excellent choice for large transactions, which are uncommon among money transfer providers. It accepts 56 currencies and allows for a multi-currency account. Likewise, these currencies can all be converted using their real exchange rate. Moreover, there are several transfer options available, including low-cost, quick and easy, and advanced transfers.
- Safe and secure service
- +150 countries
- A multi-currency wallet
- Various transfer types
WorldRemit is authorized and regulated by the FCA in the United Kingdom. Over 8 million customers use WorldRemit to send and receive money all over the world, and each transfer is subject to stringent security checks. In addition, Worldremit allows you to send money to over 150 countries, both locally and internationally. Furthermore, Worldremit also allows you to send money in the currency of your choice. Moreover, many payment types are received by your recipient almost instantly.
Send money to Lebanon through Purpl with Paysend and Remitly
How to send money online with Paysend
With Paysend, you can transfer money online to over 170 countries around the world, including Lebanon, at the best exchange rates and lowest fees.
Here are a few steps to get you started:
- Get the app
- Create your Paysend account
Click the Sign Up button and fill out some basic information about yourself: your mobile number, first and last name, date of birth, and residential address.
- Set up your first money transfer
Click the ‘New Transfer’ button, select the transfer method, enter the transfer amount and provide payment details for yourself and the recipient. When sending money to Lebanon and in order for the beneficiary to cash out his money via Purpl, select the cash pickup option.
- Double-check that you’re ready to go
Make sure all details are correct and review the transfer amount. If you’re happy with the exchange rate and low transfer fee, confirm your transaction.
How to send money online with Remitly
Remitly is an online remittance service based in Seattle, United States that offers international money transfers to over 135 countries, including Lebanon.
- Get the app
- Create your Remitly account
Sign up for Remitly on the web or via the mobile app using an email address. You’ll need to provide Remitly with your Full Name, Residential Address, Date of Birth, and with the reason for your money transfer.
- Initiate a Transfer
Enter how much you’re sending, the destination country and currency, and the delivery method. Then, you can choose between Remitly’s Express service (paying with a debit/credit card) or its Economy (paying with a bank account) which usually has lower fees and better exchange rates but a longer delivery speed.
- Add a Beneficiary
Enter the recipient’s details including name (matching their ID), address, and contact info (mobile phone).
- Fund your Transfer and Click Send
Pay for your transfer with the payment method you selected, click “Send” and voilà the money is on its way!
How the beneficiary in Lebanon will cash out with Purpl
When using Paysend or Remitly to transfer money to Lebanon, you will give the beneficiary the convenience to choose from over hundreds of cash pickup locations in Lebanon and to cash out with ZERO FEES with Purpl.
To receive a cash pickup, the beneficiary in Lebanon will be required to do the following:
- Download the Purpl app
The beneficiary will have to download the Purpl app on App Store or Play Store. If the beneficiary still hasn’t downloaded the app, they will receive an SMS with a link to download the app once they receive their first transaction.
- Submit a valid ID
The beneficiary will have to verify their Purpl profile before being able to cash out. To verify the profile, the beneficiary will have to upload a government-issued document and take a selfie.
- Choose a cashout point
The beneficiary has the convenience of choosing between ATMs or over-the-counter (OTC) cash out points available on the Purpl geolocator map.
Sending money abroad is becoming more advantageous, but it is not always a pleasant experience. However, with more options for sending money home, it’s essential to find the best fit for you. Therefore, while looking for an online money transfer provider, consider how simple the app is to use, the fees, how quickly the money is transferred and where you can send it.
Written by: Rim Ghandour