Sadly, sending money home is a struggle for many Nigerians in the Diaspora because of strict regulations on international transactions and limited access to international financial services back here in the country. This makes international money transfer not only slow and complicated but also very expensive and accessible only in major cities.
With the mission of increasing access to capital in developing countries, Taptap Send is a mobile app aiming to transform international money transfer in Africa!
The Taptap Send mobile app allows you to send money in USD, CAD, GBP and EURO to recipients in Africa. Unlike traditional money wire services, Taptap Send offers extremely cheap transfer fees and great exchange rates.
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How does it work?
Download the Taptap Send app, sign up and you are ready to send money to your friends and family.
Taptap Send allows you to send money to Nigerian recipients who have USD domiciliary accounts with Zenith Bank, First Bank, Access Bank and Wema Bank.
In addition, we just launched a cash pick up payout option so recipients without bank accounts can receive cash over the counter at these banks.
Furthermore, recipients who do not have a USD domiciliary account in the above bank, can also submit Naira accounts from Zenith, Access and First Bank and a USD domiciliary account would be automatically created and funds deposited in it.
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Finally, work is being done to bring other partnering banks to the Taptap Send community.
What is the transfer fee?
From Europe, UK and Canada: No fees.
From the US: A fixed fee of $2 and nothing more.
How much can you send?
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Taptap Send sets no minimum or maximum sending limits, however for GBP and EUR transactions, there is an internal limit of 1,800 GBP and 2000 EUR per transfer.
It’s time to say goodbye to the days of high-priced transfer fees, unfavourable foreign exchange rates and waiting days for your international wire transfers to be completed.
With Taptap Send, home is closer than it has ever been!
Get a bonus of £5/€5/$10 on your first transfer when you download the Taptap Send app and open an account today using the promo code (PULSENG).
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