August 7, 2023

Money transfers: how it works

How Can You Transfer Money? In a monetary transfer, there are always three parties involved: the sender, the recipient, and the intermediary—the entity that facilitates the delivery of funds to the recipient. Money can be sent through a bank, a...

Electronic wallet: what is it and what can it be useful for

Why do you need an e-wallet? In essence, you can do without it, but electronic money offers several advantages, especially when making online payments. Simplicity of Transfer Using an electronic wallet doesn’t require opening a bank account. You don’t even...