CurrencyFair vs Send App
CurrencyFair
currencyfair.comSend App
send.flutterwave.comSide by side
| Figure | CurrencyFair | Send App |
|---|---|---|
| Price from | €3/mo | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 5 |
| Spec score · Money Transfer Apps | 8.6 (#14) | 9.1 (#3) |
| Exchange-rate model | markup | variable |
| Upfront fee display | Yes | Yes |
| Founded | 2010 | 2016 |
| Headquarters | Dublin, Ireland | San Francisco, California, United States |
| Mobile platforms | both | both |
| Security certifications | CurrencyFair states that it has ISO 27001 and SOC 2 Type 2 security certifications. | Send says Flutterwave has ISO 27001 and ISO 22301 certification and is PA-DSS and PCI-DSS compliant. |
| Support | CurrencyFair offers customer support by phone and email plus a support centre with frequently asked questions. | Send provides a Help Center and invites users to contact its support team when help articles do not answer their questions. |
| Transfer speed | Many international transfers are completed within 24 hours, and GBP Faster Payments can arrive within one hour with participating banks. | instant |
| Transfer tracking | Yes | Yes |
| What it does | CurrencyFair provides online cross-border payments and foreign-exchange services. | Send App provides international transfers to local bank accounts, mobile-money wallets and cash-pickup locations. |
Plans
CurrencyFair
- International transfer€3 a month
- Business account€3, paid once
- Personal account€3, paid once
Send App
- Send App international money transfersFree
- Send App Travel Card$5, paid once
- Europe, United States or United Kingdom transferPrice not published
- Nigeria domestic NGN transferPrice not published
- Nigeria outbound transfersPrice not published
In their own words
CurrencyFair
CurrencyFair provides online cross-border payments and foreign-exchange services through web, iOS, Android, and an API for approved business and institutional partners. Users can send and receive money to and from more than 150 countries in more than 20 currencies, with bank recipients and same-day transfer speed listed. Quick Trade supports instant exchanges; Marketplace Trades let users set a desired rate and wait for a match. Users can also set rate alerts, track transfers, and schedule them. Business customers can pay overseas workers, suppliers, and contractors, or receive international payments. UK-based business customers can hold more than 20 currencies and convert when market conditions suit them. CurrencyFair lists a free plan. Charges include €3 a month for international transfers, billed at €3 or currency equivalent when sending or transferring out after exchange, plus an exchange margin. Personal and business accounts list a €3, paid once charge per send or transfer out after exchange. Identity verification is required and may involve identification and up to two proofs of address. The company is based in Dublin and was founded in 2010.
Send App
Send App has no write-up on Specifiction yet; its figures are above.