For many individuals and businesses in Africa, regularly receiving Euros (EUR) or British Pounds (GBP) can be a double-edged sword. Tired of high fees and long waits to receive Euros or British Pounds in Africa? Everend’s app makes receiving and spending EUR/GBP in Africa faster, easier, and cheaper.
Traditional money transfer services can involve lengthy wait times, complex procedures, and unpredictable fees that can significantly diminish the final received amount.
A new wave of financial technology companies, however, is emerging to address these pain points. One such solution is Everend’s mobile application, designed specifically to simplify the process of receiving and managing EUR and GBP within Africa.
Key Features of Eversend:
- Efficiency: Eversend aims to expedite the transfer process. Compared to traditional bank transfers that can take several days, and sometimes not working on weekends Eversend boasts the ability to deliver EUR or GBP to a secure in-app wallet within minutes. This can be a significant advantage for those who require immediate access to their funds.
- Transparency in Fees: A common frustration with traditional money transfer services is the lack of transparency regarding associated fees. Eversend strives to provide a clear breakdown of all applicable charges upfront. This allows users to make informed decisions about their transfers and budget accordingly.
- The convenience of Currency Conversion: Eversend offers the functionality to convert received EUR or GBP directly into local currency within the app itself. This eliminates the need to visit a bank or currency exchange bureau, saving users time and potentially reducing additional fees.
- Accessibility: Unlike banks with limited operating hours, Eversend provides 24/7 access to its app. This allows users to manage their finances, initiate transfers, or perform currency conversions at their convenience, regardless of the day or time.
Potential Benefits of Using Eversend:
- Individuals who regularly receive EUR or GBP payments from abroad, such as freelancers, remote workers, or those with international investments, could potentially benefit from the faster transfer times, convenience and potentially lower fees compared to traditional banking channels offered by Everend.
- Anyone who occasionally handles EUR or GBP and requires a convenient way to convert it to local currency may find Everend’s app a valuable tool.
Getting Started with Eversend
Using Eversend’s app to receive and manage EUR or GBP is designed to be straightforward. Here’s a quick overview of the process:
- Download and Set Up the App:
- Find the Eversend app in your app store and download it to your mobile device.
- Follow the on-screen prompts to create a new Eversend account.
- Active EUR/GBP Wallet:
- Once your account is set up, you’ll automatically be granted a dedicated EUR/GBP wallet within the Eversend app. This wallet serves as your secure storage for Euros and British Pounds.
- Funding Your EUR/GBP Wallet :
You can also choose to proactively fund your EUR/GBP wallet from your local bank account for further convenience. Here’s how:
- Open the Eversend app and navigate to the “Add Money” section. (The specific location may vary slightly depending on the app version.)
- Tap “Bank Account”
- Select the country where your bank is located.
- Search for your specific bank within the app
- Grant Eversend secure access to your bank account information to facilitate the transfer. –
- Choose the amount you wish to transfer from your bank account to your Eversend EUR/GBP wallet.
- Confirm the transaction and follow any additional instructions provided by the app.
Once your wallet is funded, you’ll have convenient access to your money for transactions and transfers in over 7 local currencies within Africa.