Online money transfer services offer a fast and convenient way to send and receive money to your friends and family. From paying school fees to sending money to your community members, you can complete a low-cost transfer within minutes. But are online money transfers safe to use? Our handy guide highlights top tips on how to keep your money safe and explores the risks of choosing traditional money transfer methods.
Here are some of the risks associated with using traditional money transfer methods to send money to your loved ones:
When it comes to using online money transfer services, security is of great importance. Here at Mama Money, we use a variety of security measures to ensure your personal information and funds are protected at all times. This includes:
In addition to the security measures provided by Mama Money, it’s also important for users to take steps to protect their accounts and their money.
When compared to traditional banking, there are a range of additional benefits when choosing online money transfer services. Some of these advantages include:
To register an account, simply visit your nearest Mama Money agent or sign up for an account on your mobile phone by completing these simple steps below:
· Step 1 - Download the Mama Money app
· Step 2 - Enter your details
· Step 3 - Provide proof of your ID
· Step 4 - Submit a photo of yourself
Once your documents have been submitted using the Mama Money App, your account will be verified within 24 hours, and you can start sending money abroad to your loved ones.
To send money locally or internationally using Mama Money follow the steps below:
1. Login to the Mama Money App and select ‘’Send Money’’
2. Choose the recipient to who you are sending money
3. Enter the amount you would like to send and press ‘’Next’’
4. Select your preferred payment method and press ‘’Confirm & send’’
You can also send via USSD once you are registered by dialling *134*542#
To find out more about the safety benefits of using online money transfer services and how to switch to Mama Money follow us online via Facebook, Instagram, Twitter, or LinkedIn.
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