Everything About Eversend, Exchange Rate, Virtual Card, dollar Card Limit, Reviews

Eversend is a digital banking platform that provides clients in Africa with financial services. The platform provides numerous services, such as money transfers, utility payments, and savings accounts. Since its establishment in 2017, Eversend has expanded its operations to several African nations, including Uganda, Kenya, and Ghana.

Eversend’s mission is to enable easy and affordable access to financial services for all Africans, regardless of location or income. The platform provides a straightforward and secure method for managing funds, sending and receiving payments, and paying expenses.

Eversend’s multi-currency wallet, which allows customers to hold and transact in multiple currencies, including USD, EUR, GBP, and several African currencies, is one of its key features. This feature is especially useful for customers who need to make international payments and transactions, as it eliminates the need for currency conversion fees.

The virtual debit card offered by Eversend enables consumers to make online purchases and payments even if they do not possess a physical debit card. The virtual card is linked to the customer’s multi-currency wallet and can be used for any currency transaction.

Additionally, Eversend offers a savings account that enables customers to save money and earn interest on deposits. Customers can withdraw their savings at any time without incurring penalties, and the platform offers competitive interest rates.

Eversend employs industry-standard encryption technology to safeguard customer data, and the platform is PCI DSS compliant, ensuring the security of all card transactions. Additionally, the platform employs two-factor authentication to safeguard customer transactions.

Consumer service is also a priority for Eversend, which offers email, phone, and a knowledge base with answers to frequently asked questions.

Overview of Eversend

Eversend is an online bank that provides a variety of services, such as money transfers, currency exchange, and virtual credit card services.

It facilitates the sending and receiving of funds from anywhere in the globe.

The platform provides services in Nigeria, Uganda, Ghana, Kenya, Rwanda, South Africa, the United Kingdom, and Europe, among other African and European nations.

  • Eversend allows you to send and receive money from and within Africa, Europe, and Great Britain. This feature makes it simple for people living in various countries to send money to their loved ones without the inconveniences of traditional banking.
  • Ever send provides a currency exchange service that enables you to obtain the best possible exchange rates. With Eversend, there are no concealed fees or unfavourable exchange rates to worry about.
  • Virtual Debit Card: Ever send offers a virtual debit card in USD. Using a local currency bank card for online purchases may incur up to 15% in concealed fees. However, the use of a virtual debit card can reduce fees by up to 13%.
  • With Eversend’s multi-currency wallet, you can store and administer multiple currencies in a single account.
  • This feature facilitates cross-border money management without regard for exchange rates.
  • Mobile Money and Bill Payments: With Eversend, you can pay invoices and transfer funds to mobile money or bank accounts. This feature allows you to manage your finances effortlessly from anywhere in the world.
    Eversend employs secure servers and 256bit SSL encryption to protect the confidentiality of your data. Additionally, the platform employs multifactor authentication to prevent unauthorised account access.
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The benefits of utilising Eversend

  • Ever Send provides a quick and convenient method for sending and receiving money from anywhere in the globe. The platform’s intuitive interface makes it simple to navigate and employ.
  • The currency exchange service provided by Eversend is fair and transparent, ensuring that you receive the greatest value for your money.
  • Eversend’s services are inexpensive, making it an excellent choice for individuals who frequently send and receive money across borders.
  • Eversend, unlike traditional institutions, does not charge any hidden fees or have inconvenient operating hours. This feature ensures that you are always aware of your costs.
  • Eversend employs top-tier security measures to ensure the safety of your information and funds.

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Eversend Exchange Rate

The exchange rate for the Eversend currency is determined by market forces and can vacillate based on a number of variables, including global economic conditions, political events, and currency demand and supply. However, Eversend endeavours to offer competitive exchange rates for all transactions to its customers.

Eversend employs real-time exchange rates from reputable financial institutions, such as Bloomberg and Reuters, to ensure that customers receive the best exchange rates possible. In addition, there are no hidden fees or markups on exchange rates, so customers can rest assured that they are receiving a fair bargain.

When conducting cross-border transactions, the multi-currency wallet from Eversend eliminates the need for customers to pay currency exchange fees. By storing multiple currencies in their Eversend wallet, users can conduct transactions in the currency of their choosing at no additional cost.

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Additionally, Eversend offers a rate lock feature that enables customers to secure in a favourable exchange rate for a specified period. Customers who wish to transmit or receive funds in a foreign currency but are concerned about exchange rate fluctuations will find this feature particularly useful.

Eversend Virtual Card Limit

The spending limit is one of the main features of the Eversend virtual card. Eversend enables customers to establish a daily spending limit on their virtual card, thereby preventing overspending.

$1,000 is the daily expenditure limit for the Eversend virtual card (or its equivalent in other currencies). This means that consumers can make online purchases of up to $1,000 per day using their virtual card.

It is essential to note that the Eversend virtual card’s daily spending limit is subject to change. Eversend may modify the limit based on a variety of variables, including customer demand, market conditions, and regulatory requirements.

Using the Eversend app, customers can effortlessly adjust their virtual card’s spending limit. They may increase or decrease the limit according to their requirements and preferences. Customers must enter in to the Eversend app, navigate to the virtual card section, and select “Change Limit” to modify the limit.

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In addition to the daily expenditure limit, the transaction limit for the Eversend virtual card is $5,000. (or its equivalent in other currencies). This allows consumers to conduct transactions of up to $5,000 with their virtual cards.

After adding a new card to your Eversend account, you will be limited to adding only $1 until we have verified the card. We need to ensure that the card belongs to you and that it is active. After adding a new card you can send us a message in our in-app chat with a photo of your card. Please mask the 8 middle digits on the card and the CVV number. Alternatively, you can share a bank statement with us, showing the $1 charge from Eversend.

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Eversend is a trustworthy and convenient online bank that provides a variety of cross-border transaction services.

It is the ideal platform for people who frequently transmit and receive money across borders due to its user-friendly interface, competitive rates, and top-tier security measures.

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Eversend has you covered whether you need to send money to loved ones or pay expenses online. Register now to experience the advantages of online banking.

About Samuel 637 Articles
Samuel is an SEO technician and Content developer with over 5 years of work experience. He is known for his love and passion for helping others achieve their financial goals and dreams. This lead to the birth of Finwealthonline. His love for many has to lead him to help thousands of students seeking financial loan advices, app reviews with the right information. Samuel being the CEO and founder of Finwealthonline will continue his good work on helping people with the right information that will lead to achieving their financial dreams and goals.

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