It appears a significant portion of our time is spent every day staring at the small screen of our smartphones. We use them to watch TV, shop for food, clothes, go on dates, and, yes, move money around. That’s why there’s a growing number of money transfer apps online to help you effortlessly transfer money to other parts of the world.
Hence, whether you’re doing business in Morocco or want to send money to your loved ones there, these apps should come in handy. However, with all the variety out there, it may be hard to pick the best one. Therefore, we’ve listed the top three apps for money transfers to Morocco.
You can’t talk about online money transfer apps without mentioning PayPal. PayPal is a significant player in the remittance market compatible with Windows, Android, and iOS. Once you download & install the app on your phone, you need to set up an account and verify your personal information. Paypal’s sophisticated safety features help protect your financial and personal information.
On the other hand, PayPal is notorious for suspending or limiting accounts because of a slight discrepancy in personal information. Once you combine that with a strict limit on the transfer frequency and volume, it may feel like you’re walking around on eggshells here. What’s more, PayPal charges a huge fee on the payments!
Next up, we have WorldRemit, a well-known remittance provider with an established customer base plus a user-friendly interface. With the WorldRemit app, you can send money to many countries worldwide using your Android or iOS smartphone. In most cases, WorldRemit completes the transfer within a day.
Despite its various payment options, there’s a limit on the volume of transfers to certain countries. While WorldRemit does provide sensible rates and fees, it’s a bit complicated for many people to realize how much they’re paying on fees or exchange rate markups.
Once you run the app on your phone, you need to select the country, input the amount, and enter the recipient’s details.
In the past five years, Lycaremit has attracted numerous customers by providing ultra-competitive rates and transparent fees. Using Lycaremit, you can send money to +80 countries, including popular destinations as well as less mainstream ones like Benin, Nigeria, and Bangladesh. Like all of the best money transfer apps, Lycaremit’s app is compatible with every platform, and it has one of the most straightforward sign-up processes by far. Plus, your money will usually arrive within two days max.
Setting up Lycaremit is as easy as creating an email account. All you have to do is to enter your email address and mobile/cell phone number. Next, you enter the verification code (OTP) sent to your email and phone. Once you’re in, you can select the destination country and enter the amount. There’s a cost breakdown element on every transfer to show you the exact transfer fee and the final figure. Thanks to RSA 256-bit encryption, Lycaremit fully guarantees the protection of your transfer.
There’s no such thing as the “perfect app”. All apps come with certain benefits and shortcomings, but the trick is to see which suits your needs the best. Generally, it’s wiser to choose the one that overall is the most superior.
Despite instant transfers, PayPal’s strict limits and hefty fees can be a hassle. Likewise, WorldRemit’s complicated fees and transfer limits may be problematic.
Lycaremit, on the other hand, seems to be the most sensible option all-around. Therefore, if you’re looking for a reliable app for money transfer to Morocco, just download Lycaremit’s app or contact us to get started right away.