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Top Online Wallets In The World
Technology came with electronic wallets, and they are superb alternatives to banks. They have very simple procedures, and anyone can get an account without much issues (and can start receiving money immediately worldwide).
There are several online wallets out there, but in this article, we will explore some of the top wallets in the world.
Let’s get started
1. Payoneer
At the top of the list is Payoneer. This is the leading online payment company with tons of users worldwide. With payoneer, anyone can receive money internationally, and they can open accounts in USD, EUR, GBP, JPY, CAD, AUD, and MXN. Although personalized customer service sometimes takes time to respond, they offer a Payoneer MasterCard which can be used to buy products in physical stores or online, or withdraw cash at ATMs.
It is a big brand trusted by several other big companies – including the likes of Fiverr, Amazon, Airbnb, MaxBounty, Upwork, etc.
2. Skrill
Next on the list is Skrill. This is another superb virtual wallet to send and receive payments worldwide. The company facilitates global transactions and they also offer prepaid MasterCard at low cost. It is free to open an account, and, you can send and receive money to any country in the world. The company offers a virtual wallet to store your funds. You can spend these with the prepaid card and also buy online
3. Payeer
Payeer is another superb payment solution to trade money internationally, and it’s deserving to be on the list of top online wallets in the world. The company offers an IBAN WorldWide account and is.available in more than 127 countries. This superb electronic wallet allows you to send and receive payments at the lowest cost. You can take advantage of the innovative features of Payeer
4. Revolut
Here is another superb virtual wallet that can be used to send and receive worldwide payments. It is one of the best out there, and it even came witht an app that is very simple to use. You can easily create a Free Revolut Account right now, and it has a lot of pros. There’s no maintenance fees in standard accounts, and iIn all your accounts, you have a European IBAN account to receive payments worldwide. Revolut will also include a crypto wallet, but it is only available in premium and metal accounts, and can be used to buy Bitcoin, Litecoin, Bitcoin Cash, XRP and Ethereum .
Of course, Revolut also gives a prepaid card that can be requested from any country in the world (as in most virtual wallets), and you are rewarded for using the card.
5. ecoPayz
ecoPayz is another platform that can help you make secure payments with maximum privacy. It is easy to create an account on ecoPayz, and you can start accessing all its benefits immediately. The company offers ecoCard / ecoVirtualCard, and all account types are free. Opening an account here is easy and swift. Talking about rates, it is generally on the reasonable side and fair too. Your account has no maintenance cost while active. Nevertheless, it should be noted that if the person don’t make any transaction for more than 12 months, they will be charged a fee of USD 1.67 per month.
Another nice thing about ecoPayz is that they have different payment and deposit methods. If you want to deposit, it can be done with a debit/credit card or vouchers. You can even use WesternUnion or bank transfer.Customers can also ask for the ecoCard, which is a prepaid card to use your balance.
6. Paxum
Another big company out there is Paxum. This is another well-known Canadian company that offers payment services and an electronic wallet to all its users. You can easily Create a Free Paxum Account anytime you are ready, and you get a dedicated IBAN account to receiving payments in USD and EUR. There are also various withdrawal and transfer methods. Nevertheless, it should be noted that the costs to send/receive money to your bank account are high. However, it is simple and easy to send and receive money with Paxum. With the IBAN account in EUR and USD, customers can receive international bank transfers as if they have a bank account.
They also offers prepaid cards to their users, to buy or withdraw money at ATMs.
7. TransferWise
TransferWise is also a superb one. The platform helps to make international transfers, and it is free to create a TransferWise Account. They charge low commissions to transfer money, and they support more than 60 currencies available. It should also be added that the MasterCard card they offer has no maintenance costs. Nevertheless, it should be noted that some transfers may take a few days to be credited. Nevertheless, the platform is an excellent one to make international transfers. While this has been placed on the last spot on this list, it doesn’t make it inferior to others. One impressive thing is that they have a good customer service. Their rates are also fair, and one can even see the origins of these rates. The company offers a borderless account, in which one can receive money from all over the world. If you check others on the list, you will see that they charge an annual fee for maintenance. Nevertheless, TransferWise doesn’t (making it the only company on the list that doesn’t).
In conclusion, these are the Top Online Wallets In The World. They are recommended due to several important reasons. Don’t forget that they have been around for some time now and have a huge reputation in the industry. So, you don’t just approach just any kind of brand and start dealing with them. But you patronise such as these that have been able to build reputation for years now and are working fine. Online wallets have their own purposes and benefits, and it is important that you know what you want and opt for any that can offer you what you want
