Purpl stands out as a promising Lebanese startup dedicated to simplifying money transfers to Lebanon. With more than 100,000 downloads since launching in February 2023, Purpl is becoming the go-to app to receiving money in Lebanon. Are you still wondering how Purpl works? Let’s deep dive into Purpl features and everything you need to know to make the most out of your experience.
Purpl’s Key Features
Lightning-fast transactions
Today, speed is everything! Purpl fully understands this need for immediacy. So, unlike other money transfer services, you will immediately receive your transfer once the sender initiates it. Moreover, Purpl also provides you with a super fast cash out. You can cash out your money in as fast as 43 seconds (we timed it 😉).
Lowest sending fees and ZERO cash out fees
We believe that your hard-earned money should go where it is most needed! Purpl, through the partnership with Paysend and Remitly, provides the lowest sending fees to Lebanon for the sender, whether you are sending money to yourself or someone else is sending you a transfer. On top of that, as a beneficiary, you cash out with ZERO fees, this means you cash out 100% of your received transaction. No hidden fees!
ATM cardless cash out
We have partnered with Banque Libano-Française to make banking infrastructure available to the unbanked! Once you receive a transaction on Purpl, you cash it out from 100+ ATMs of BLF without the need for a bank account or card. We will discuss the details on how to cash out below.
Let’s Get You Started
Set up your Purpl Wallet
Setting up your Purpl wallet is very easy. Start by downloading the app. Sign up by entering your name, email and phone number. Your email and phone number will be confirmed. You are now ready to receive money!
Verify your Purpl profile
To be able to cash out your received transaction, you need to verify your profile. To do so, you will need to scan a valid government-issued document and take a selfie.
Here’s the list of accepted documents:
- Any passport
- Lebanese residency permit
- Biometric Lebanese driver’s license
- Lebanese ID
How To Receive Your First Money Transfer on Purpl
Whether you are receiving support from friends and family abroad or you are a remote worker in Lebanon, or if you are sending yourself money the process is very simple. Tell your sender to download either Paysend and Remitly and set up their account and link either their bank account or card. They will then choose Lebanon as the receiving country and add your personal details including your phone number and the amount they would like to send. Just like this and in a matter of seconds, your transaction will be available to you!
How to Cash out Your Transaction
To cash out your transaction, tap on cash out and select the transaction. Next, select the nearest or the most convenient BLF ATM available on the geolocator. Then retrieve the security code. On the ATM screen, tap on “Purpl Transactions”, enter the amount you want to cash out and the security code. Your cash will be in hand in a matter of seconds!
Transaction Limits
You might be wondering how much you can receive per transaction or what is the monthly limit. On your Purpl wallet, you can receive up to $2,000 per transaction and the monthly limit is currently set at $10,000. These limits will be reviewed on a regular basis and will be in line with local regulations.
Need Help?
If you still have any questions regarding how Purpl works and how to receive and cash out a transaction, our customer success team is here to help. You can reach out to use on the live chat on the Purpl app or via email on purpl@purplme.com.
Conclusion
Purpl offers a reliable and efficient way to receive money in Lebanon. With low fees, lightning-fast transactions, and a commitment to innovation, Purpl is now the go-to app for money transfers to Lebanon, and soon, payments. Download Purpl today and experience financial convenience and ease of mind!
Written by: Mayssa Abillama
