Need to send quick cash to family? You have plenty of options!
Whether you want to help support someone who's in a financial bind or you're repaying someone for dinner, here are several methods you can use to transfer funds safely.
Bank Transfers
One of the most traditional ways to send money to a family member is through a bank transfer. This option is relatively easy. However, you'll need relevant information to initiate the transaction. That includes their name, Bank State Branch (BSB) number and account number.
Furthermore, there may be fees and lengthy wait times involved. The good news is that there's no need to download any apps. If you're short on cash, you can use a wage advance Australia service to get funds, transfer them to your bank account and initiate a domestic transfer.
Peer-to-Peer Transfer Apps
Popular international apps like Cash App and Venmo have yet to be available in Australia. But, there are several similar services that Aussies can download. For example, Revolut and PayPal are some of the most popular.
To use this method, both you and your family member will need to download the app and create an account. Once you do that, you can initiate transfers at any time. They're much quicker than standard bank transfers. In most cases, they're instant!
Mobile Wallets
Another option is to use mobile wallet apps. These apps are similar to Revolut and PayPal. However, they're exclusive to specific phones and operating systems. Take Apple Pay, Samsung Pay and Google Pay as an example.
Mobile wallets allow you to connect your bank accounts or debit cards to your smartphone. If your family member uses the same service, you can send money quickly and efficiently without hiccups.
Remittance Services
Finally, you can use remittance services to send money. This option is the best choice if you're sending to people outside Australia. Digital remittance service providers charge modest fees and provide greater flexibility in how recipients get their money.
You can use a wage advance Australia service to get fast cash before sending it to your loved one in a way that's convenient for them. With features like cash pickup and delivery, you have total control.
Author Resource:-
Emily Clarke writes about cash advances, overdraft protection & finance apps. You can find her thoughts at small cash advance blog.