Does your loved one have a mobile wallet? It may be time to consider sending a money transfer to their wallet, instead of a cash payment or bank deposit. For several reasons, mobile wallets are one of the best delivery options around! At Ria, we deliver money transfers to a variety of mobile wallet providers across the globe.
Here are our top 4 reasons to send to a mobile wallet:
1. Mobile wallets are easy to use
Mobile wallets play an important role in digital finances, especially for those who do not bank within a traditional institution. With mobile wallets, you can use your phone number as if it were a bank account number — meaning you can use your phone to send and receive money, pay bills, top up mobile services, and more.
The ability to bypass banks and store all your financials in one convenient location make mobile wallets extremely easy to use.
2. Mobile wallets receive transfers quickly
Did you know that a Ria money transfer can be received within two minutes or less when sent to a mobile wallet? It is the fastest way to send money transfers to your loved ones. When using other delivery methods, it can take up to 5 days for recipients to receive their money.
Think about what your loved one could do with their money during that time!
3. Mobile wallets are secure
Because of the added security measures of being a digital product, mobile wallets are generally less risky than card or cash payments. You won’t need to worry about someone physically stealing your money because it’s virtually stored on your mobile device.
Even if someone stole your mobile device, it would be hard for them to access your mobile wallet app. Mobile wallets, like the Ria app, use multi-factor authentications and security codes. They also use other security measures like encryption and virtualization to ensure your financial information never leaves your phone.
To top it off, contactless payments via mobile wallets are the healthiest (think germ-free) payment option — especially during the COVID-19 pandemic.
4. Mobile wallets are great for gift-giving
To send money to a mobile wallet, you’ll need to have the Ria app. Download it now via the App Store or Google Play, and follow these directions:
On the app:
- Tap Send or Send money now
- Enter Send money details and choose Mobile wallet as the Delivery method
- Review and tap Continue
- Select or add a recipient
- Enter the Mobile wallet details
- • Choose wallet provider
• Enter the Wallet mobile number
- Add the information for Payment method and follow prompts. Tap Continue
- Review details of the transfer and tap Confirm
Regardless of time zones or distance, your recipient will know they are loved and be able to spend their money on a gift or service perfect for them.
5 ways your smartphone can improve your finances
Managing money and our personal finances has never been an easy task. We can’t plan for every eventuality, and unexpected expenses are always around the corner. Many of us are often tempted to accept that our resources are limited and that, this time around, we won’t be able to save any money. But is this truly […]
January 26, 2023
How to Avoid Holiday Scams
The holiday season is the most magical time of the year for everyone — even scammers. In fact, it’s the time people are most prone to fraud. Scammers will do anything to take your personal information including phishing, smishing and other tricky scams. Your safety matters to us at Ria Money Transfer. To keep you protected, […]
December 5, 2022
Envoyer de l’argent vers un portefeuille mobile, un choix judicieux
Connaissez-vous un proche qui a un portefeuille mobile ? Le moment est peut-être venu de songer à lui envoyer de l’argent sur son portefeuille mobile plutôt qu’un paiement en espèces ou un dépôt bancaire. Les portefeuilles mobiles, ou mobile wallets, comptent parmi les meilleures méthodes pour envoyer de l’argent, et ce pour plusieurs raisons ! […]
September 27, 2022
Arnaques via smartphone et arnaques sur internet : des menaces qui ne cessent d’évoluer
De tous temps, le monde a abrité des escrocs et des arnaqueurs en tous genres. Suivant l’évolution des époques, les méthodes utilisées par les malfaiteurs pour voler de l’argent ont également évolué. Savez-vous quelles sont les toutes dernières arnaques sur internet et via téléphone employées par les malfaiteurs ? Vous trouverez ci-dessous les stratagèmes frauduleux […]
September 27, 2022