The need to transfer money across borders swiftly and securely has become increasingly prevalent. If you’re in the UAE and need to send funds to Lebanon promptly, the importance of choosing the right online money transfer app cannot be overstated. Purpl gives you the option to choose between different methods to receive money from the UAE in Lebanon based on your preference.
Let’s deep dive into those methods.
2 Best Online Money Transfer Apps
Paysend
- Global Coverage
- Fixed fee
- Simple transfer methods
- Instant processing
- Bank-level security
Paysend provides extensive global reach, enabling transfers to more than 170 countries. Before initiating a transfer, Paysend transparently presents the exchange rate, transfer fee, and the amount your recipient will receive. Offering versatile transfer options, Paysend allows you to send money using various methods such as bank cards, accounts, or even through a mobile number. Transfers are executed swiftly, reaching your recipient within seconds. Crucially, Paysend ensures the security of all transactions, complying with PCI DSS standards and holding certifications from Visa, Mastercard, China UnionPay, and the FCA.
Remitly
- Global Coverage
- Better transfer fees
- Bank-level Security
- Variety of choices for pay-in and pay-out.
Remitly facilitates international money transfers, connecting 28 sending countries with over 135 receiving countries. With its competitive fee structure, Remitly empowers you to send larger amounts home while ensuring transparency throughout the process. Your security is paramount, as Remitly employs robust measures such as 256-bit encryption, adhering to banking industry standards to safeguard your account from unauthorized access. Additionally, Remitly provides a range of payment and withdrawal options, enhancing flexibility for users.
Send money from the UAE to and receive in Lebanon through Purpl with Paysend or 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
Download the Paysend app on your iOS or Android device to keep track of your transfers or set up new ones on the go.
- 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
Simply click on the ‘New Transfer’ button, choose your preferred transfer method, input the desired transfer amount, and furnish payment details for both yourself and the recipient. If you’re sending money to Lebanon and want the beneficiary to cash out using Purpl, be sure to opt for 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
Download Remitly app from the Google Play Store or the App store.
- Create your Remitly account
Register with Remitly either through their website or mobile application by providing your email address. Remitly will require you to furnish your full name, residential address, date of birth, and specify the purpose of your money transfer.
- Initiate a Transfer
Specify the amount you wish to send, the destination country and currency, as well as the preferred delivery method. Subsequently, you’ll have the option to select between Remitly’s Express service (utilizing a debit/credit card for payment) or its Economy service (paying via a bank account), which typically offers reduced fees and improved exchange rates, but with a longer delivery timeframe.
- 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 a hundred 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 100+ Banque Libano-Française ATMs available on the Purpl geolocator map.
Efficient online money transfer apps are invaluable when you need to send money quickly and safely from the UAE to Lebanon. With Paysend and Remitly, the process becomes not just expedited but also cost-effective.
Moreover, if you choose to send through Paysend or Remitly, the integration of Purpl as a cash pickup facilitator adds an extra layer of convenience for recipients in Lebanon.
With these advancements, sending money internationally becomes easier. So, confidently choose the right solution for your needs and start your remittance journey.
Written by: Clara Comito
