The importance of reliability and ease of use for remittance apps

The importance of reliability and ease of use for remittance apps

When it comes to choosing the right remittance app for your purposes, you need to be reassured that the process will be reliable, easy to use, and created with the best technology available.

This is why many people are choosing to use the eRemit Singapore App which includes a foreign exchange option, is simple to use, and built from the latest technology. The mobile eRemit Singapore App also has low transfer fees and transfer amounts that allow users to send money overseas in any denomination they prefer.

Using the eRemit Singapore App is a safe, secure, reliable, fast and trustworthy way to send money as either remittance services, or to pay for online shopping without using a debit card, credit cards, online banking,wire transfer or setting up a specialised bank account.

First time users also receive a special $0 service fee with the code NEW3126! Or you can receive the first transaction for free with an invitation code from your friend under the Referral Programme.

Access to reliable technology

When it comes to reliability and the use of technology, the eRemit Singapore App offers a number of ways for users to access it. For example, if you do not have access to Singpass, you can apply for EKYC. E-Know Your Customers (EKYC) is an automatic identification option for people working and living in Singapore on a Work Permit.

For more information on how to set up the eRemit Singapore App using the new EKYC function, go to https://youtu.be/kO5tquvw7kA to watch our easy How To video.

You can also use the eRemit Singapore App to make a payment via a direct Bank Transfer or by using PayNow. With these services you transfer up to S$25,000* (inclusive of service fees) to Malaysia and other countries.

Payment via Direct Bank Transfer

Unlike other remittance services like Transferwise, Western Union, Dash or I Remit, using the eRemit Singapore App allows you to save on expensive service charges and avoid other limitations in sending money overseas.

Payment via PayNow

You can use the PayNow service with the eRemit Singapore App to send money to people who use the same bank as you saving on the remittance fees you may incur with other platforms. You just need to have a mobile number and the Singapore NRIC/FIN or UEN of the recipient you are sending a payment to.

PayNow works with nine banks, including Bank of China, Citibank Singapore Limited, DBS Bank/POSB, HSBC, Industrial and Commercial Bank of China Limited, Maybank, OCBC Bank, Standard Chartered Bank, and UOB.

Why the eRemit Singapore App is reliable

Because the eRemit Singapore App is integrated with SingPass MyInfo, EKYC, PayNow and Direct Bank Transfer, users are able to experience lower service fees, competitive exchange rates, the ability to track and monitor the transfer status and history online, as well as reliable and secure transactions.

The eRemit Singapore App is powered by Malaysia’s largest remittance company, Merchantrade Asia Sdn Bhd, an award-winning trusted, licensed Remittance Service Provider. With a network of over 84 branches, and more than 400 agent locations in Malaysia, Merchantrade Asia Sdn Bhd is also partnered with international wire transfer operators, major licensed foreign banks and other established pay-out centres.

Merchantrade Asia’s remittance network reaches 200 countries, and is considered to be the fastest growing money transfer service provider in Malaysia.

Easy to use

The eRemit Singapore App is easy to use. Simply register by downloading the app from either the Apple Store or Google Play. Launch the App and follow the on-screen instructions. Complete your personal identification verification with MyInfo or the EKYC verification face recognition feature.

After adding your recipients or beneficiaries’ profiles, just key in the amount of money you want to send overseas in Singapore dollars (SGD). You will receive an instant currency conversion which lets you know exactly how much money you are sending.

To complete the transaction, make a payment at an AXS Kiosk or AXS m-Station.

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