Money transfer app – Money Transfer Office http://moneytransferoffice.com/ Thu, 24 Nov 2022 12:50:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://moneytransferoffice.com/wp-content/uploads/2021/10/icon-120x120.jpg Money transfer app – Money Transfer Office http://moneytransferoffice.com/ 32 32 Beyon’s money transfer services are now available on BenefitPay https://moneytransferoffice.com/beyons-money-transfer-services-are-now-available-on-benefitpay/ Thu, 24 Nov 2022 12:28:40 +0000 https://moneytransferoffice.com/beyons-money-transfer-services-are-now-available-on-benefitpay/ Manama, Bahrain: Beyon Money has announced that its international money transfer service is now available on BenefitPay. Beyon Money’s remittance service offers one of the best deals in the international transfer market and gives customers the ability to grab the lowest fees and rates directly from BenefitPay’s app. Beyon Money’s international money transfer services offer […]]]>

Manama, Bahrain: Beyon Money has announced that its international money transfer service is now available on BenefitPay. Beyon Money’s remittance service offers one of the best deals in the international transfer market and gives customers the ability to grab the lowest fees and rates directly from BenefitPay’s app.

Beyon Money’s international money transfer services offer unlimited transfers @BD1 for one week, to India, Pakistan, Bangladesh, Philippines and Egypt. Unlimited transfer services are also available @BD5 for one week to UK, USA, EU (EUR, DKK, SEK) and Switzerland. These offers are now available to BENEFIT customers, as Beyon Money is part of BenefitPay’s money transfer services, along with other providers.

Beyon Money CEO Roberto Mancone said, “We are delighted to partner with BENEFIT to extend Beyon Money’s money transfer services to BenefitPay customers. Beyon Money provides state-of-the-art digital onboarding and digital funds transfer services through our Super App and this partnership further facilitates access to our services, benefiting customers of the Beyon Money and BenefitPay platforms.

“This new service will allow consumers to compare and choose the best offers available directly on the market. We believe in a digitally driven society; we are driving the shift from physical to digital remittances, and this is supported by alliances such as BenefitPay, which will create value for the industry and for consumers,” Mr. Mancone added.

BENEFIT CE, Abdulwahed AlJanahi said, “At BENEFIT, we always have customer experience as a top commitment. We are constantly improving our services offered through the BenefitPay app to meet the needs of our diverse customer base. »

“The collaboration with Beyon Money is the latest enhancement to our remittance services, which delivers great value by offering low rates and fees for transfers to popular destinations. It should also be noted that we are currently working to transform the app into a marketplace, in which many money transfer service providers are available under one roof, AlJanahi added.

-Ends-

This press release was issued by the Corporate Communications & Sustainability department of Batelco. For more information, please contact Public.Relations@btc.com.bh

About Beyon Money

The Beyon Money Super app features Visa prepaid cards, stored-value wallet, open banking connectivity, expense categorization, and all-digital financial and remittance information. It is the first all-digital financial super app to bring direct access to Open Banking to consumers in Bahrain, connecting all banks in the Kingdom in one app. Users have the ability to view all transactions with their banks and with their cards, as well as easily make and transfer funds between accounts and within their digital wallet.

www.beyonmoney.com

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St. John’s Children’s Hospital Unveils Santa’s Workshop https://moneytransferoffice.com/st-johns-childrens-hospital-unveils-santas-workshop/ Tue, 22 Nov 2022 00:29:48 +0000 https://moneytransferoffice.com/st-johns-childrens-hospital-unveils-santas-workshop/ SPRINGFIELD, Ill. — Bryce was surprised Monday when he saw a table of toys stretched across the room with Christmas trees on either side at HSHS St. John’s Children’s Hospital. He even chose a gift: a pack of Pokémon cards. “I feel happy,” said Bryce, who is eight. The toy was part of the hospital’s […]]]>

SPRINGFIELD, Ill. — Bryce was surprised Monday when he saw a table of toys stretched across the room with Christmas trees on either side at HSHS St. John’s Children’s Hospital.

He even chose a gift: a pack of Pokémon cards.

“I feel happy,” said Bryce, who is eight.

The toy was part of the hospital’s preview of its “Santa’s Workshop”, a gift shop for patients who will be spending Christmas in the hospital. Parents can obtain a gift from the workshop for their child free of charge.

“After they’ve done their shopping, we’ll have a packing station set up, they can pack up the toys for their child, they can get hot chocolate and cookies, and just get into the Christmas spirit during whatever is a very difficult time for them here at the hospital,” said Hannah Hahn, annual giving manager for the HSHS St. John’s Foundation.

The McGraw family donated money to keep the store operational.

“As a family, we love being able to give back to the community,” said Jenna Beyers, owner of hotel business management.

Left to right: Dona McGraw, Mike McGraw and Jenna Beyers at HSHS St. John’s Children’s Hospital. Courtesy of HSHS St. John’s Children’s Hospital

At Christmas, Hahn said the hospital usually had about 30 pediatric patients, and each of them would have a gift to unwrap.

“If they weren’t at the Christmas store or weren’t hospitalized during this time, say they arrive on Christmas morning, we will still have toys ready and wrapped for them,” Hahn said.

At this time, the hospital is looking for more donations for the store. There are several options for donating, including dropping off toys in the hospital lobby and shopping on the hospital’s Amazon. wish list.

People can also send money to the hospital’s Venmo account, a money transfer app, @SJFoundation, which will be used to purchase gifts for the workshop.

“It must be tough being in the hospital, but I’m sure I have a place to go and be able to get a gift wrapped and it must bring them so much joy,” Mike McGraw, owner, operator and franchisee of the McGraw family’s McDonalds, said.

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“Honor the love sent by your family overseas” https://moneytransferoffice.com/honor-the-love-sent-by-your-family-overseas/ Sat, 19 Nov 2022 14:52:47 +0000 https://moneytransferoffice.com/honor-the-love-sent-by-your-family-overseas/ There is a Filipino anywhere and everywhere. And for those who have resumed traveling abroad whether for work or leisure, it is always a joy to come across a “kabayan” in a foreign land. The King of Conversation with Ica Macazo (center), the promising working woman and daughter of a successful US-based mother who sent […]]]>

There is a Filipino anywhere and everywhere. And for those who have resumed traveling abroad whether for work or leisure, it is always a joy to come across a “kabayan” in a foreign land.

The King of Conversation with Ica Macazo (center), the promising working woman and daughter of a successful US-based mother who sent her to school and gave her a more comfortable life, and Julie Abalos , head of international remittances at GCash.

The King of Conversation with Ica Macazo (center), the promising working woman and daughter of a successful US-based mother who sent her to school and gave her a more comfortable life, and Julie Abalos , head of international remittances at GCash.

I’m sure for most of us, these encounters also strike a chord, seeing and feeling the intense desire of our OFWs (Overseas Philippino Workers) to return home. They may live in more prosperous countries around the world, but being away from family for so long is never easy, even with the invention of video calling and Zoom.

There is a reason why they are indeed the modern day heroes of the Philippines. And as heroes, they deserve special immigration treatment with the OFW pathway and other privileges granted to them by public and private entities. Above all, as heroes, they deserve respect and admiration, even more so from the families they left behind, the very ones whose lives have changed for the better thanks to the sacrifice of a relative. , a brother or a relative.

In fact, if OFW families were to ask the revered King of Talk Boy Abunda for advice on how they should view their absent fathers and mothers, he more adamantly uses the word “honour.”

Kuya Boy was just in New York in October to host an event honoring female Fil-Am directors and agrees that even though it’s been three years since travel became possible due to the pandemic, OFWs – when you’re lucky enough to see them speak up – will never be hesitant to say how hard life is and how much they wish they were back home. As before, they eagerly open up about their feelings, some even to the point of expressing a bit of sadness and disappointment at how their families in “Pinas” can be too easy to spend.

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“‘Yung mama at papa ko yata akala tumutubo ang pera dito sa puno,” a Visayan waitress told me with a laugh at a boutique hotel I stayed in Paris over the summer in May. “Kaya go lang ng go!” she added for effect, shedding light on her situation.

Kuya Boy intends to multiply stories like this every time he travels, which is why he asked yours truly to pass on a message to the OFW family members who are the lucky recipients of hard-earned remittances month to month or week to week.

“Honor this love expressed by your parents, your brothers and sisters who send money,” he advised. Ayusin will not find any application for you there. You are a student. Mag-aral kayong mabuti, gumawa ng tama and irespeto ang sakripisyo of mga magulang n’yo.”

Kuya Boy spoke these words of wisdom during the week as he launched a new money transfer service that makes it easier for OFWs to send money to loved ones.

Its unquestionable credibility to date, the King of Talk was chosen by a group of successful Filipino-Americans to introduce Sendwave to both OFWs and their families – a mobile wallet app that has partnered with GCash to literally make remittances as simple as texting.

“And be careful, the transfers are free. The company profits from a part of the conversion,” Kuya Boy added enthusiastically.

Giving voice to an astute young woman whose prosperous US-based mother has provided her with a good education and a comfortable life for the past decade, how Sendwave works has become clearer.

Speaking on behalf of the app’s local growth manager, Dan Santos, Ica Macazo, in her 20s, detailed: “Sendwave is a money transfer app that allows people in the United States, Canada and in parts of Europe to send money to loved ones in 22 countries, including the Philippines, with zero money transfer fees and near-instant transfers.”

She noted that Sendwave was launched as early as 2014 and has since expanded to parts of Africa, Asia and Latin America.

“Nearly a million people have used Sendwave to send over $10 billion to friends and family,” she shared, noting that she is an app user and that she is not employed by the burgeoning digital business.

Reading Santos’ prepared speech, Ica continued, “The pandemic has been a very unstable time for many overseas Filipino workers, so we wanted to make sure that as much money as possible reached their families, and the fastest way possible. “

Operating in the Philippines since September 2021, Sendwave is proud to have found an ideal partner in GCash – the country’s largest digital wallet – to ensure that remittances are received in real time, eliminating the need for each party to travel to banks and money transfer centers as before.

Joining the conversation, Julie Abalos, Head of International Transfers at GCash, offered: “It works the same way you would transfer funds from GCash to GCash. In this case, the money is transferred digitally from the app Sendwave from overseas sender to recipient’s GCash app in the Philippines.”

It’s worth noting, by the way, that Sendwave wisely chose to tie up with GCash, given the number of current app users reported by Abalos at launch. “To date, 83% of the adult population currently uses GCash, so nearly 70 million Filipinos have trusted us, and we continue to grow.”

A product that should be praised for making life easier for OFWs and their families, the Sendwave app is available in the US, Canada and parts of Europe through the App Store or Google Play. And while GCash is backed by BPI and the Ayala group of companies, Sendwave is affiliated with the Zeps brand and has World Remit for a sister company.

“Look for my friend Penguin Sendwave to download the app overseas,” laughed Kuya Boy just as the cute mascot entered. “Dito naman sa atin, remember. Honor their love.”

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Pokemon TCG Live digital app launched in beta https://moneytransferoffice.com/pokemon-tcg-live-digital-app-launched-in-beta/ Thu, 17 Nov 2022 00:55:09 +0000 https://moneytransferoffice.com/pokemon-tcg-live-digital-app-launched-in-beta/ Pokemon TCG Livea real world digital collectible card game simulator Pokemon The trading card game is now available in a global beta worldwide, with players invited to join for the first time or upgrade from the soon-to-be-gone version Pokemon TCG online service. The updated app is the best way to play games of Pokemon online, […]]]>

Pokemon TCG Livea real world digital collectible card game simulator Pokemon The trading card game is now available in a global beta worldwide, with players invited to join for the first time or upgrade from the soon-to-be-gone version Pokemon TCG online service. The updated app is the best way to play games of Pokemon online, and translates directly to the action of the actual card game.

A little like Magic: The Gathering Arena and Yu Gi Oh! Master Duelit aims to provide a platform for gamers to connect online, with nifty emulation enhancing the feel of the game’s fast movements, spirited attacks, and clever plays.

Pokemon TCG live is an improved version of the original On line app, which now looks and feels its age. Now almost a decade old, it will be completely replaced when JCC live comes out of its beta phase.

Lily: Everything we know about Pokemon Scarlet and Violet

Existing players will be able to transfer their assets from On line at TCG Livewith all digital cards and transferred purchases, but depending on Kotaku, the process is currently experiencing some issues. A new report has warned players that the transfer of On line at JCC live is permanent and can wipe out some hard-earned possessions.

Kotaku declares that all Pokecoins in your On line account will be worth less than the JCC live‘s Crystal, which means you have to spend all of your coins in the original game before you jump ship. This ensures that you will get the maximum rewards and that your money is well spent. Other issues, including battle deck translation issues, have been detailed here.

If this is your first time playing, the download process should be smooth. The game is free – although the cards cost money and the codes can be found in real life Pokemon packs – and matches are easily found when you get in on the action. As the game is still in beta stage, difficulties are expected, but updates should be rolling out regularly over the next few weeks.

Pokemon TCG live is now available for download in beta at PC, Mac, Android and iOS devices.

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Ameren warns customers to be aware of aggressive new scam tactics https://moneytransferoffice.com/ameren-warns-customers-to-be-aware-of-aggressive-new-scam-tactics/ Mon, 14 Nov 2022 15:00:00 +0000 https://moneytransferoffice.com/ameren-warns-customers-to-be-aware-of-aggressive-new-scam-tactics/ Learn about the ‘top eight scams’ targeting local residents and four actions to protect yourself ST. LOUIS, November 14, 2022 /PRNewswire/ — Customers of energy companies across the country, including in Missouri and Illinoiscontinue to be targeted by sophisticated scammers who regularly change and modify their tactics to deceive customers. Ameren Missouri and Ameren Illinois […]]]>

Learn about the ‘top eight scams’ targeting local residents and four actions to protect yourself

ST. LOUIS, November 14, 2022 /PRNewswire/ — Customers of energy companies across the country, including in Missouri and Illinoiscontinue to be targeted by sophisticated scammers who regularly change and modify their tactics to deceive customers.

Ameren Missouri and Ameren Illinois work closely with local and state law enforcement to monitor and report scammers and their ever-changing tactics targeting our customers. Additionally, Ameren uses an ongoing scam awareness campaign to educate customers throughout the year so they know how to spot a scam and how to report it.

“Unfortunately, these scammers aren’t going away and continue to be more aggressive and sophisticated in the way they trick and trick customers into providing immediate payments and personal information,” he said. Mary Gomez, security supervisor for Ameren. “Some of the newer scam tactics we’re seeing locally include requiring immediate in-app cash payment for a new smart meter or an offer to make immediate in-app cash payment to clear the full amount owed by a customer.”

Ameren joins energy companies around the world for the seventh consecutive year for the Utility Scam Awareness Day on November 16, 2022. The campaign aims to raise awareness of scams and educate customers before they become victims.

“Utilities United Against Scams (UUAS) is a year-round awareness campaign supported by the Edison Electric Institute (EEI) where utilities across the country unite to promote scam awareness to their customers,” said the executive director of UUAS. Monique Martinez. “It is important that UUAS provide resources to EEI utility members to help educate their customers on how to spot a scam and how to respond to these imposters when they target them.”

Top eight scams targeting customers:

  1. Impersonating Ameren employees: Scammers often pose as Ameren employees, threatening to disconnect or stop service if a customer fails to make immediate payment, usually using a prepaid card or payment app. cash payment.
  2. Ameren appears on caller ID: They also often mask incoming calls so they appear to be from Ameren on caller ID systems, then give a different phone number to make a payment.
  3. Request payment for smart meter installation: Scammers are now asking customers to make immediate payment for a new smart meter installation or have their service disconnected.
  4. Target seniors: Seniors are increasingly being targeted as scammers seek to confuse them with special offers and disconnection threats.
  5. Immediate partial payment: A new scam involves an offer to forgive the full amount owed on your statement if you make an immediate partial payment of the application in cash.
  6. Call when you are busy: Scammers take the opportunity to target customers during busy or high-anxiety times such as the holiday season or during the cold winter months.
  7. Charity scam: Social media posts interact with customers with an offer that a charity will pay their utility bills if the customer makes a partial payment first by money transfer.
  8. Tell you how to pay: Scammers offer suggestions on how to pay; loading an application, bitcoinsor where to get payment cards.

Keys to protect yourself:

  • Don’t trust anyone who asks for immediate payment. If you believe someone is impersonating an Ameren employee, end the conversation and immediately call Ameren Illinois at 1.800.755.5000 or Ameren Missouri at 1.800.552.7583. Never buy a prepaid card to avoid disconnection or service stoppage. Legit utility companies don’t specify how customers should pay a bill and always offer a variety of ways to pay a bill. Ameren customers can make payments online, over the phone, by e-check, by mail, or at in-person payment locations.
  • For more information, visit ameren.com/stop-scams. Customers should also follow Ameren on social media to receive the latest scam updates.
  • Sign up to manage your account online at Ameren.com where you can immediately check the status of your account.

About Ameren
Saint Louis-based American Corporation powers the quality of life of 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000 square mile area through its American Missouri and American Illinois rate-regulated utility subsidiaries. American Illinois provides electricity transmission and distribution service and natural gas distribution service. American Missouri provides electricity generation, transmission and distribution services, as well as natural gas distribution services. American transport company Illinois develops, owns and operates regional electricity transmission projects at regulated rates.

For more information, visit Ameren.com or follow us on Twitter at @AmerenCorp, Facebook.com/AmerenCorp or LinkedIn/company/Ameren.

SOURCEAmeren Corporation

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Elon Musk wants to make Twitter ‘the people’s financial institution’ https://moneytransferoffice.com/elon-musk-wants-to-make-twitter-the-peoples-financial-institution/ Fri, 11 Nov 2022 16:40:13 +0000 https://moneytransferoffice.com/elon-musk-wants-to-make-twitter-the-peoples-financial-institution/ Billionaire businessman Elon Musk outlined his plans to offer banking and payments services on Twitter during a nearly hour-long Q&A session with staff at the social media platform on Thursday. During the call, a recording of which was obtained by the RodMusk shared his plans to allow Twitter users to maintain a cash balance on […]]]>

Billionaire businessman Elon Musk outlined his plans to offer banking and payments services on Twitter during a nearly hour-long Q&A session with staff at the social media platform on Thursday.

During the call, a recording of which was obtained by the RodMusk shared his plans to allow Twitter users to maintain a cash balance on the platform, in a move that would turn the site into “the people’s financial institution”.

The entrepreneur, who co-founded online bank X.com in 1999 before it merged with another company to become PayPal, detailed his plans to “fill a balance for every verified Twitter user”.

“Give them a sum of money, like ten dollars or something, that they can send anywhere in the system,” he said, according to a transcript published by the Verge. “We need money transfer licenses for this, which we have applied for.”

Twitter on Friday filed documents with the Treasury Department to become a payments processor, according to the FinancialTimes.

Musk talked about creating a high-yield money market account “so that having a Twitter balance is the most profitable thing you can do.”

“It’s very complex and expensive. If you can just have a balance on Twitter that can just go positive or negative, and when it goes positive, the interest rate is better than what you might get elsewhere, and when it goes negative, the interest rate is interest is lower than what you see elsewhere, now you have a much simpler system,” he said.

During the call, a Twitter employee noted that the services Musk described resembled those of a bank and asked if Musk planned to offer loans on the platform.

“Well, if you want to provide a full service to people, you can’t miss key elements,” he replied.

Musk, which bought the platform October 27, talked about his financial services ambitions for social media site. The SpaceX and Tesla CEO spoke on Thursday about the “payments transformation opportunity” and told employees he didn’t see a huge difference between sending a direct message and sending a payment.

“They’re basically the same thing,” he said. “In principle, you can use a direct messaging stack for payments. And so that’s definitely a direction we’re going to go in, enabling people on Twitter to be able to send money anywhere in the world instantly and in real time. We just want to make it as useful as possible.

Twitter and other social media networks have already tried to make payments, said Daniela Hawkins, chief executive of consulting firm Capco.

“While these initiatives have not won over consumers, there are still huge opportunities for businesses to explore,” she said.

In the United States, consumers still need to log into individual apps to use different payment rails, such as with Venmo, Zelle and Cash App, Hawkins said.

“It’s not the best banking experience,” she says.

But Musk’s vision of turning Twitter into a financial services platform will likely face an uphill battle as consumers, especially in the United States, don’t associate social media apps with payments, Hawkins said.

Consumers, in general, are also increasingly wary of social media apps due to misinformation on these platforms, she said.

“People are concerned about the number of bots that are constantly pushing misinformation,” she said. “That, in turn, would make it difficult for Twitter or any other social media platform to gain enough trust with consumers to make payments on these apps.”

There are also the regulatory hurdles that Twitter is likely to face as it aims to introduce banking-like products. For example, wWill the company partner with a bank or pursue its own charter to offer some of the products Musk teased?

“Money movements and banking operations are highly regulated. Elon Musk mentioned a high yield savings account. That would suggest some sort of banking partnership,” Hawkins said. “But maybe Twitter is pursuing an industry lending charter. Or a bank charter. There are still questions about how this will materialize.

Industrial Lending Charters (ILCs), the charter of choice for several fintechs and non-banking companies seeking to offer banking services, are not without controversy.

Some lawmakers and banking trade groups have pushed back against the companies’ attempts to obtain ILCs, arguing that the structure exploits a regulatory loophole because ILC holding companies are not subject to the Bank Holding Company Act and Federal Reserve oversight. .

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PayPal Money Transfer Promotions — Forbes Advisor – Forbes Advisor https://moneytransferoffice.com/paypal-money-transfer-promotions-forbes-advisor-forbes-advisor/ Tue, 08 Nov 2022 19:45:34 +0000 https://moneytransferoffice.com/paypal-money-transfer-promotions-forbes-advisor-forbes-advisor/ Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. PayPal is an online payment company founded in 1998. The company allows users to send and receive money online and offers savings and credit products. Today, PayPal has over 429 million customers […]]]>

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

PayPal is an online payment company founded in 1998. The company allows users to send and receive money online and offers savings and credit products. Today, PayPal has over 429 million customers and is available in over 200 markets worldwide.

During the last years, PayPal used cash offers to attract new business. PayPal currently offers a $10 sign-up bonus for new customers and a $10 referral bonus for existing customers.

How do PayPal bonuses work?

Current PayPal promotions include a registration bonus for new customers and a referral bonus for existing customers. Bonuses generally require new account holders to transfer funds to or from a linked bank account. However, the specific requirements vary by bonus.

Here are the current PayPal bonuses and promotions available to new and existing customers. Offer details are accurate as of November 8, 2022.

What are some of the best PayPal bonuses and promotions?

PayPal signup bonus: $10

PayPal makes it safe and easy to pay for your favorite items online. In addition to secure online transactions, account holders can securely send money to family, friends and loved ones using the PayPal app. And now PayPal is offering an even greater incentive to use its services: a $10 sign-up bonus for new customers.

  • What is the offer? Earn $10 when you open a new US PayPal account using a friend’s referral link and complete a qualifying transaction of at least $5.
  • What is considered a qualifying transaction? According to PayPal, a “qualifying transaction” involves either a PayPal payment or a person-to-person payment of at least $5. Person-to-person payments cannot include the person who referred you.
  • When do you receive your bonus? You should receive your bonus within 24 hours of meeting the requirements, although it may take up to two weeks.
  • Is there a time limit on the offer? This offer currently has no expiration date.

PayPal referral bonus: up to $100

If you are a PayPal user, you can earn extra money by referring your friends to the platform. For every friend you refer, you’ll earn $10, up to a maximum of $100 per year.

  • What is the offer? Earn $10 each time a friend creates a new PayPal account using your referral link and makes a minimum purchase of $5. You can earn this reward up to 10 times per calendar year, for a maximum reward of $100.
  • When do you receive your bonus? You should receive your bonus within 24 hours of meeting the requirements, although it may take up to two weeks.
  • Is there a time limit on the offer? This offer currently has no expiration date.

What else should you know about PayPal bonus offers?

PayPal’s bonuses and promotions are pretty straightforward, but there are a few things to keep in mind.

Your bonus may be taxable

The tax authorities consider bank bonuses earn interest, which is subject to tax. This means that any PayPal bonuses you earn will count as taxable incomeand you will have to pay taxes on the money when you file your return.

There is an annual cap of $100 on rewards

Existing customers who refer a friend or family member to PayPal cannot earn bonuses on more than 10 referrals per year, up to a maximum of $100. If more than ten people sign up using your referral link in any given year, you will not earn bonuses for those additional referrals.

You cannot publicly share your referral link

PayPal’s terms and conditions clearly state that you cannot share your referral link online or in a public place where someone you don’t know can sign up. It is only for friends, family members and personal acquaintances. If you breach this condition, PayPal may disqualify you from its referral program and revoke all referrals you have received to date.

Offers may not be available in all regions

PayPal bonuses and promotions are only available to those with a US PayPal account. If you live outside the United States, you will not be able to take advantage of these offers.

How to get a PayPal referral bonus

For every new user you refer to PayPal, you will receive a $10 bonus. And new users who open an account using a referral link will also receive $10. To be eligible, the referred person must make a minimum purchase of $5 with their new account.

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Enjaz partnership brings Thunes payment network to Saudi Arabia https://moneytransferoffice.com/enjaz-partnership-brings-thunes-payment-network-to-saudi-arabia/ Sat, 05 Nov 2022 15:01:05 +0000 https://moneytransferoffice.com/enjaz-partnership-brings-thunes-payment-network-to-saudi-arabia/ Enjaz payment services company has entered into a partnership with a cross-border payment provider Coins to allow Saudi customers to make instant global transfers to bank accounts and digital wallets. Saudi Arabia-based Enjaz now enables its customers to make instant international transfers to bank accounts and digital wallets in 130 countries using the Thunes payment […]]]>

Enjaz payment services company has entered into a partnership with a cross-border payment provider Coins to allow Saudi customers to make instant global transfers to bank accounts and digital wallets.

Saudi Arabia-based Enjaz now enables its customers to make instant international transfers to bank accounts and digital wallets in 130 countries using the Thunes payment network. To announce the partnership, a signing ceremony was held at Saudi Arabia seamless 2022 conference organized in Riyadh.

The Thunes payment network allows transfers to 130 different countries around the world, covering 79 different currencies. The network has over 180 million transactions processed in 2021. The company also points out that 90% of all transactions are completed within 30 minutes. The news of the partnership brings greater freedom to Enjaz customers to transfer money around the world.

The partnership comes shortly after Thunes expansion announced in Saudi Arabia. The payment network provider has launched partnerships with money transfer organizations (MTOs) such as e-wallet service providers and banks. The company also explained that it expects more partnerships to launch soon after. Thunes’ partnership with Enjaz becomes the latest as it continues to expand.

Simon Nelson, SVP for MENA in Thunes explained why the partnership is a good choice. He explained, “I am delighted to launch the partnership with Enjaz and support their innovative payment offering. and product vision. By connecting Thunes’ robust and extensive global payment network with Thanks to Enjaz’s digital capabilities, we are able to create a strong synergy that benefits communities, connects people to their families and offers a lotservice needed by citizens and residentsts of Saudi Arabia.”

The partnership with Thunes, a big step for Enjaz

Enjaz’s goal is to create a fast, convenient and cost-effective money transfer experience. Through partnerships with correspondents and MTOs; it ensures that customers can transfer money to over 200 countries instantly. The company is approved by the Saudi Central Bank.

Khalid Al Zain, CEO, Enjaz Payment Services Company

Khalid Al-ZainCEO of Enjaz, said, “We are thrilled to see this collaboration come to fruition, enabling customers to send money anywhere in the world instantly and efficiently.

“In pursuit of our shared goal of providing a seamless experience when moving money globally, we are committed to our customers to provide the most innovative technology-based financial solutions.”

The payment services company operates more than 150 Enjaz centers in more than 60 cities where customers can transact. It also offers more than 200 self-service kiosks and 200 points of sale. In addition to physical locations, it also allows customers to transact through the Enjaz app. The app offers end-to-end digital onboarding and wallet creation.

Enjaz also offers charge cards and utility bill payments, supported by a 24/7 contact center in eight languages.

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How to make money on Airbnb https://moneytransferoffice.com/how-to-make-money-on-airbnb/ Thu, 03 Nov 2022 18:30:00 +0000 https://moneytransferoffice.com/how-to-make-money-on-airbnb/ Opinions expressed by Entrepreneur the contributors are theirs. Invest in immovable is good for people who want to grow their money. And that’s because with real estate investmentsyou can buy one property and use it to earn more. Now, there are many ways to use an acquired property for profit. But maybe the ones that […]]]>

Opinions expressed by Entrepreneur the contributors are theirs.

Invest in immovable is good for people who want to grow their money. And that’s because with real estate investmentsyou can buy one and use it to earn more. Now, there are many ways to use an acquired property for profit. But maybe the ones that are gaining popularity are short term rentals on Airbnb.

But what is Airbnb?

If you’re an avid vacationer, you’ve probably heard of the app that can connect you with people who will let you stay at their property for a period of . This application, called “Air Bed and Breakfast” or Airbnb, was started by two industrial designers who moved to In 2008.

They couldn’t afford to pay rent for their meanwhile, so they decided to earn extra by allowing people who couldn’t find hotels to temporarily rent their space. And long story short, their strategy became a huge success as it expanded to a huge network of 4 million hosts worldwide. And until today, their platform continues to create more opportunities for hosts and real estate investors in general.

Related: Airbnb CEO: It took us 12 years to build it and we lost almost everything in 6 weeks

Long-term or short-term rental

Real estate investments include real estate rentals, and there are two main ways to earn income from them: Long term rentals and Short term rentals. When I started as a real estate investor in 2012, all of my properties were long term rentals. But in 2017, I transferred them all to short-term projects, mostly through Airbnb.

Why? There are a lot of factors that made me decide to go all-in with Airbnb:

1. You make less money on long-term rentals.

Did you know that when done correctly, you can make an average monthly profit of $2,000 on Airbnb? Of course, many things must be considered to arrive at this number. Moreover, you can earn less or more than this amount each month.

But the thing is, with Airbnb short-term rentals, you can determine your price and no one else has a say. You can’t do that with traditional long-term rentals. With long-term rental, you can only set a fixed amount and increase your rent by 3% to 5% per year.

2. You have greater obligations as a landlord.

There are several things to consider when hosting a long term rental, and one of them is that your tenants can never deep clean or make repairs to your property. The reason is simple: they won’t stay there forever. Ultimately, the onus is always on your shoulders.

Another fact to mention is that you won’t be able to easily evict your tenants. Now the stipulations change from city to city and state to state, but usually after 30 days of stay, your guests acquire certain rights.

Example: in 2020, the government adopted a Eviction moratorium where landlords are not allowed to evict their tenants for non-payment. This has of course been useful for many tenants across the country. But now some landlords still owe thousands of dollars in back rent, and they may never have the chance to sue them again.

3. With Airbnb short-term rentals, you don’t have to work as an employee.

Short term rentals are passive in the wild, which means if you have a property, you can still win even if you’re not there. Add this to Airbnb’s online platform and your market potential expands.

But here’s the thing: you can still get caught up in working around the clock to manage your ad. Fortunately, there is a way to build a system and create a team that runs the business on your behalf. We use this innovative business model with Airbnb, which has since accelerated our and offered tremendous growth.

4. You don’t need to buy properties to get started.

If you know cash flow goals for long-term rentals, you’ve probably heard that the goal is to earn $200 per unit per month. That’s all well and good, but if you’re trying to replace a job that earns you $5,000/month, that income won’t do you much good. You still need to have at least 25 units to get there.

So what you can do instead is buy a few units, give them a nightly rate, and launch them on the platform to start getting reservations and collect your returns faster.

But what if you don’t own any properties and still want to do Airbnb? Well, all you have to do is apply the Arbitration model.

The arbitration model, also called sublet, is where you rent properties to other owners, get their written permission, and then list their property as a short-term rental on Airbnb. Yes, this strategy is perfectly legal and allows you to start a business without buying properties.

Related: How to Make Money Online: The Basics

Are there other ways to start an Airbnb, even if you don’t own properties?

Yes. Besides subletting, there are two other ways to start an Airbnb business without a lot of capital.

1. Co-hosting

With the co-hosting strategy, you don’t have to buy or own properties because all you have to do is manage and help hosts manage their listings. This method allows you to learn more about the company and earn.

2. Use of OPM (other people’s money)

A balance transfer involves transferring the money available on your credit card to your checking account. You can then use that money to sublet a property and start your own Airbnb business without using any of your money.

Airbnb is a great platform for real estate investors. Its innovative business model will allow you to create positive cash flow, get started even if you don’t own properties yet, and enjoy the time, location, and financial freedom that most people only dream of.

Related: How to start a business with just $1,000

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SoFi Promotions and Bonuses – Forbes Advisor https://moneytransferoffice.com/sofi-promotions-and-bonuses-forbes-advisor/ Mon, 31 Oct 2022 18:22:12 +0000 https://moneytransferoffice.com/sofi-promotions-and-bonuses-forbes-advisor/ Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. SoFi is a leading financial technology company founded in 2011 and based in San Francisco. Today, it has more than four million members and offers many financial services, including student loan refinancing, […]]]>

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

SoFi is a leading financial technology company founded in 2011 and based in San Francisco. Today, it has more than four million members and offers many financial services, including student loan refinancing, investing, and banking.

SoFi attracts new customers by offering welcome bonuses. These bonuses vary, but they usually require you to open a new account and set up direct deposit. The current SoFi bonus of $250 is for new customers who open an online banking account and receive qualifying direct deposits. To receive the full bonus, customers must deposit $5,000 or more.

Here are the current SoFi promotions and bonuses available to new banking customers. Offer details are accurate as of October 31, 2022.

SoFi Bonuses and Promotions 2022

SoFi Online Banking Account Bonus: Collect up to $250

SoFi’s online banking account is both a verification and savings account rolled into one. It has many great features including no monthly fees, automatic savings toolsa annual percentage yield (APY) 1.20% or 2.50%. The higher APY is available when you set up direct deposits and up to 15% cash back on local debit card purchases. If you don’t set up direct deposits, you will still earn the lower APY.

  • What is the offer? Open a SoFi online banking account and get bonus cash when you deposit the minimum required during the 25-day trial period. Earn a $50 bonus when you receive between $1,000 and $4,999.99 in qualifying direct deposits or a $250 bonus when you receive at least $5,000 in direct deposits.
  • What is direct deposit? Eligible direct deposits include payroll deposits made through the Automated Clearing House (ACH) Network, social security payments, pension payments, and most government benefit payments. The minimum deposit required to receive the SoFi bonus is $1,000.
  • When do you receive your bonus? You will receive your SoFi bonus within seven business days of the end of the 25-day trial period. The trial period begins the day you receive your first direct deposit.
  • Is there a time limit on the offer? You must open your account and receive at least one qualifying direct deposit by January 31, 2023 at 11:59 p.m. ET to be eligible for the promotion.

What else should you know about SoFi bonus offers?

Before signing up for SoFi’s $250 bonus, keep the following points in mind.

Your bonus may be taxable

Many people don’t realize that bank bonuses are considered taxable income for the year they are received. This means that SoFi will report all bonuses and interest you earn to the IRS, and you will receive Form 1099-MISC from SoFi at tax time.

SoFi Money customers are not eligible for the promotion

If you have or have had a SoFi Money account registered for direct deposit, you are not eligible to receive the $250 SoFi bonus. It is reserved for new SoFi banking customers.

For context, SoFi Money was the company’s precedent. cash management account, which is no longer available to new customers. SoFi Money was similar to SoFi’s new online banking account but with more features. SoFi has since discontinued its Money account and is asking current customers to switch to the new online banking account as soon as possible. If you are a current SoFi Money customer, you should have received an upgrade invitation via email or the mobile app.

How to get a SoFi referral bonus

SoFi has a “Get $50, Give $25” referral bonus for new checking and savings account customers. You get $50 for referring a new customer, and they get $25 as a welcome bonus. To qualify, your referral must open a new SoFi online banking account using your unique referral link. Then they must deposit funds via an ACH transfer or instant debit card transfer within 14 days of account opening. You will receive your payment within seven business days after your referral meets the requirements.

How to use a SoFi Invest bonus

SoFi has a referral program that allows you to earn $50 in stock and donate $25 in stock. To qualify, someone must open a SoFi Invest account using your unique referral link and deposit at least $100. SoFi’s referral program is capped at $10,000 per calendar year, so you can’t earn more than that amount.

Find the best banking bonuses and promotions of 2022

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