Review on CompareTransfer by Inioluwa Okedeji
CompareTransfer: A Payment System Platform For The Exchange And Transfer Of Fiat Currencies At A Discounted Rate.
Given the age of digitalization that we're in, some processes and systems of doing things have become archaic and new ways are being developed to make life easier and better for we humans.
The essence of money in our day to day activities is not something we can't afford to talk about and that's why new ways by which we can utilize it comfortably are constantly being developed everyday.
CompareTransfer is one of the available payments systems that specializes in the transfer of fiat currencies to namely anywhere in the world. So basically, it is more or less like a broker for fiat currencies transfer.
CompareTransfer also functions as a platform for the conversion of different fiat currencies to other fiat currencies, for example, conversion of the Chinese 'Yen' to the Indian 'Rupee' and the others can be done on the Compare Transfer platform.
In addition, the transfer and conversion of fiat currencies searches internationally for the best and cheapest exchange rate and does it at a discounted rate compared to the normal exchange.
CompareTransfer also supports the use if banks, MasterCard and Visa Card for transfer, so transfers can be executed using any one of them and this is done at your own comfort. You can also visit their official website for further enquiries.
heir official website for further enquiriesvisit
Pros
- Compare Transfer searches for the best exchange rate before the initiation of any transfer or exchange, hence saving more than 90% of exchange fees.
- It supports the use of debit or credit cards and banks for transfer of fiat currencies.
- Transferred currencies are executed and delivered almost instantaneously without delay. There's also the option of next day transfer.
- It also gives the opportunity of selecting more than 10 different rates from different transfer providers and choosing the most suitable one.
Cons
- Network lag is a major downside to most payment systems and CompareTransfer isn't an exemption.
