![]() Taptap Send also features a secure transaction system, with in-built fraud protection and a money-back guarantee in case of accidental transfers. If you are sending 50$, you are sending the exact amount of taka that the 50$ would be worth: that too, at a generally higher exchange rate. While other remittance apps will include conditional fees such as additional charges in transfers over 50$, Taptap Send emphasises giving money back to the users by adding no extra cost. In addition to that, there are no hidden charges or fees involved when sending money via Taptap Send. This rate is decided after a cost comparison analysis by the Taptap Send team, offering better rates than competitors such as Western Union and Sendwave. However, Taptap Send offered 93 taka per US$, so anyone sending money from the US to Bangladesh would be sending more than the international rate thanks to the incentivised rate of the app. For example, earlier last month, the rate of the US$ was 87 taka. The internal team of Taptap Send manually selects the best conversation rate for a given day and offers the most competitive prices to their users. ![]() The best features of Taptap Send can be summarised into two main points: its great remittance rate and its free service cost. Taptap Send is free to download and use in both the Google and Android app stores, though currently, it doesn't support sending money outside the US, UK, EU and Canada. As long as the correct bank account or bKash number information was provided by the sender, the receiver will receive the money instantly, along with a verification message notifying the transfer. ![]() The receiver also doesn't need to have the app installed on their phone to receive the money. Taptap Send has no minimum or maximum limit on how much money can be sent. ![]() The entire process takes a few seconds and can be performed in a maximum of two taps - hence, tap tap send. After you hit send, a loading screen will pop up, alongside a confirmation code verifying that your money has been sent. Take a look at our blog about how COVID-19 is affecting people in low- and middle-income countries.The next screen will ask who you want to send it to and verify the information.Read our summary of research by GiveWell about how cash transfers can help alleviate poverty.Learn more about GiveDirectly's work and how you can contribute.See the incredible impact GiveDirectly is having by reading stories from its COVID-19 relief recipients in Kenya.This interview was recorded at the Treasury Summit in July 2020. In this conversation, Michael shares his story, first-hand observations of the impact of COVID-19 on his organisations, and insights into how founders and philanthropists can help tackle some of the world's greatest challenges. Michael also founded Taptap Send in 2018, a company providing a new way for immigrants to send money from Europe to mobile wallets in emerging markets. Since 2009, GiveDirectly has raised over $450 million for delivery to the extreme poor and those affected by disasters. Michael is the founder of GiveDirectly, a Founders Pledge-recommended high-impact organisation and the first and largest nonprofit to allow donors to send money directly to the world’s most vulnerable.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |