Why use BlinkSale

Why use BlinkSale?

Money transfer apps, also called peer-to-peer (P2P) money transfer apps, let you transfer cash from person to person, or from entity to entity, quickly, conveniently, cheaply, and securely. They simplify payments and also allow you to use a digital wallet to link your credit card or bank account.

BlinkSale and Money Transfer FAQ

What are the benefits of money transfer?

The speed of the money transfer transaction makes it much easier to manage your finances and pay your bills on time. This in turn can help you avoid late charges and other fees that could result if your payments were sent the old fashioned way.

Are money transfer apps safe?

Money transfer apps are safe, but they’re not foolproof. If you’ve ever texted or called the wrong number, that mistake could cost you when sending money. It’s important to understand that you may not get that money back. In most cases, providers won’t help if the recipient refuses to return the misdirected funds.

Which App is best for transfer money?

The 13 Best Apps for Transferring Money

  • PayPal.
  • Venmo.
  • Cash App.
  • Google Pay.
  • Apple Pay.
  • Zelle.
  • Western Union.
  • Walmart2Walmart.

What are the advantages and disadvantages of money transfer?

Advantages and disadvantages of electronic money transfer

  • What is money transfer? …
  • Advantages.
  • You can dispute a transaction. …
  • It is fast. …
  • Cheaper and safe. …
  • You don’t have to use a credit or debit card. …
  • You can organize automatic payments. …
  • They don’t need a hold on your funds.

What are the pros and cons of e transfer?

Advantages & Disadvantages of E-Payment

  • Advantage: Increased Speed and Convenience. …
  • Advantage: Increased Sales. …
  • Advantage: Reduced Transaction Costs. …
  • Disadvantage: Security Concerns. …
  • Disadvantage: Disputed Transactions. …
  • Disadvantage: Increased Business Costs.


Which Online money transfer app is safe?

PayPal charges 5.0% to send international personal transactions using a PayPal balance, bank account, or through an Amex Send account. PayPal keeps your information secure using sophisticated encryption. The company monitors transactions 24/7 and offers dispute resolution if you have a problem with a transaction.

What is the safest money app?

PayPal is our pick for best overall payment app. It offers a user-friendly interface, strong security, and there are no fees for sending money to family and friends.

Why is Cash App charging me a fee to receive money?


Quote from Youtube: Or your friends are sending you money and cash app is charging a three percent fee. And obviously those transactions are not business transactions. So why would you want to pay that three percent fee.

Why are bank transfers better?

Benefits of Bank Transfers for the Seller



Transactions are safe and secure. There is no possibility of payment reversals. Transactions are not subject to chargebacks. Payments are fully electronic.

What is mobile money transfer?

Mobile money is a digital payment platform that allows for the transfer of money between cellphone devices. The technology is installed in the SIM card of the device and can be used on regular and smartphone devices. Users can receive, withdraw, and send money without being connected to the formal banking system.

Is mobile money Safe?

Safe – Mobile payments are just as safe as bank transfers, since they’re protected by local financial regulations such as the Consumer Financial Protection Bureau (CFPB) in the United States or the Department for International Development (DFID) in Britain.

What are the disadvantages of money transfer?

Disadvantages of money transfer

  • RTGS transaction method with transaction fees of IDR 25,000 to IDR 35,000.
  • Clearing, LLG, SKN transaction methods with a transaction fee of IDR 5,000.
  • Wesel Pos transfer method with transaction fees of IDR 20,000 to IDR 50,000.
  • Doubts of fraud via debit or credit data.


What are the disadvantages of mobile money?

Drawbacks or disadvantages of Mobile Money



The customers are required to obtain compliance from the respected banks. ➨Lack of interoperability between networks restricts reach and makes transactions cumbersome. ➨Adoption of mobile money usually requires multi-party involvement (viz.

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