Ziwia money transfer easy and economical to the sender as well as the receiver.
Business remittance to India from abroad is still restricted to 3 options - PayPal, SWIFT Transfer and Cheque Payments.
1. SWIFT Transfer - Complicated for the Sender
2. Cheque Payments - Complicated for the Recipient
3. PayPal - Expensive for the Recipient (As a result, the receivers end up losing more than 9% of their money once it reaches the bank.)
Ziwia would be more convenient for the sender as well as the receiver compared to PayPal and also be cheaper than SWIFT transfers.
There wouldn’t be a % fee or a conversion fee like PayPal. Users will pay a flat fee for whatever amount they receive.
Ziwia would offer several modes of payments such as ACH Transfer, Cheque Payment, Credit Card, Cash Payment and even PayPal.