Waya Vs Sendwave: The Best Approach for Sending Money
If you’re in the diaspora, you probably know how it feels when you want to send money home to take care of different financial obligations. It feels great. It feels like you’re being part of developments back at home. We will discuss Waya vs Sendwave about Waya.
And these developments are myriad. It could be sending money to your kente cloth supplier back in Kumasi, so you can get things rolling for your runway project. Or it could be doing a fast transfer to the fundis who are building you that plush pad in the lakeside city of Kisumu. Or you may even want to send money to that start-up film company you co-own back home in Lagos, so they can wrap up shooting that Nollywood series you want to pitch to Netflix.
At such times, you have every right to ask: which is the best option to send money home? With so many platforms out there, why should I choose Waya?
Well, I’m glad you asked. Let me break it down for you.
Waya offers affordable rates
In the business of money transfer, the devil is in the details. And that devil is none other than rates.
With Waya, you can make quick money transfers at extremely low prices across Africa. Don’t take our word for it, though. Do your homework. Check what other players are charging and compare it with our rates.
Waya understands the African financial terrain and is cognizant of the fact that, in some cases, the difference between transferring and not transferring money is the rates. And because Waya wants more people to benefit from money transfer services, they have made a business decision to lower their rates and still make their services five stars above other players.
SEE ALSO: Don’t Do These 6 Things or You’ll Hurt Your Credit Score
Waya is fast
When it comes to transferring money home, speed is of the essence. And Waya is not just fast, but super-fast. Super-fast like less than 10 seconds.
Less than 10 seconds flat. That’s how long it takes to send money via Waya. This means you can be rest assured that, whether it’s an emergency or not, the money will always arrive in record time.
Picture this. If you send money via Waya the same second the gun goes off for Africa’s 100m champion, Ferdinand Omanyala – the receiver will get their money at the same time Omanyala crosses the line in 9.77 seconds. Now, that’s super-fast for money that has “covered” hundreds of kilometers, compared to someone who’s run a fraction of a kilometer.
Most times, people send money home because an emergency has come up, which needs to be taken care of in less than 10 seconds. But even if it’s not an emergency, just the assurance that your money will be delivered quickly is enough reason for you to rest easy.
Clients can also make quick payments from their WayaMe account, which is an optional virtual account feature.
Waya offers free transfers locally
Every penny counts. And Waya gets this fact. Some customers only have the money they want to send, and not a red cent more. Why should they be denied the chance to send money to meet that financial obligation?
By writing off this transfer fee, Waya customers who are making local transfers can, in the long run, make savings. This service is especially valuable for businesspeople who transfer money numerous times per day, which may take a bite into their profit margins. Some of these businesspeople pay enough transfer money, per day, which can be put to other use.
However, if one is not a businessperson whose bottom line is affected by transferred charges, this free service can benefit you immensely. The best way to find out is to look at your financial statements at the end of the year. Calculate the amount of money you spent on free local transfers for a given year. It’s a chunk of change, right?
Hit us up and let us help you save that chunk of change, which you can put to other productive uses.
Waya is secure
Waya takes the safety of their customers’ money extremely seriously. They not only operate the latest security software but are also constantly monitoring and evaluating their safety protocols to ensure there are no breaches.
Checks and balances are the name of the money transfer game. Under that, Waya is regulated by the relevant financial authorities. Which means that Waya plays by the rules.
What does this mean for the customer? Peace of mind. Tons of peace of mind. This means you don’t ever have to worry about anything happening to your money.
Waya transactions are trackable
Yes. You read that right. It’s one thing to send money and know it will reach your intended recipient. But it’s another thing to track the payment.
Tracking your payment means you know what’s happening to your money. Tracking your money means you are not in the dark and have to make incessant phone calls to inquire if the money has reached its destination.
If Waya being secure gives peace, you being able to track the payment status makes our process transparent. Waya wants you to see what’s happening with your money every step of the way.
Waya is convenient
Mobile phone-based money transfer services have revolutionized how payments are done and how business is carried out. Waya understands this. That is why Waya’s customers don’t need to worry about sending money via Waya to someone in another country who’s using a different phone network.
With Waya, customers can send money from any network to any network. This means you don’t have to jump through hoops to send or receive money. It also means that you don’t have to send money only to Uncle or Aunt so-and-so because of network constraints.
Making mobile phone-based money transfers as convenient as possible is good for customers as they don’t have to incur any extra cost of being in multiple phone networks. In some cases, to be on multiple networks, a customer may be forced to have several phones, which are not only bulky but expensive.
Waya is reliable
When it comes to the business of money transfer, trust is the operative word. After all, you’re entrusting your money to an outside party, and you want to be sure it’s a safe and secure entity.
That’s why it’s important to consider the trustworthiness of the company you choose to handle your money transfer. With Waya, you can be sure that your money is safe and secure.
Waya Vs SendWave Conclusion
Once again, don’t take our word for it. Read the testimonials on our app below of satisfied customers who have made Waya their go-to home for money transfers.
Visit our official website for more information: https://getwaya.com
Download our Waya app on Apple Store: https://apps.apple.com/us/app/waya-mobile-banking/id6445921373
Download our Waya app on Google Play Store: https://play.google.com/store/apps/details?id=com.wayapay.neo.app&hl=en_US&pli=1
Grace Finance
Writer