In this article, you'll discover whether Taptap Send operates in Canada, explore some potential drawbacks if it is available, and consider future possibilities for the service. Stay tuned to find out more.
Does Taptap Send Work In Canada?
Does Taptap Send work in Canada? Yes, Taptap Send is available in Canada. The service allows users to send money to various countries in Africa, Asia, the Caribbean, and Latin America. It is designed to be user-friendly, requiring only a Canadian phone number and a Canadian bank card for transactions.
However, there are some restrictions. Accounts created outside Quebec cannot send money while in Quebec, and Taptap Send in Quebec is exclusively for Quebec residents. The service supports debit cards and Visa or Mastercard branded cards, but not credit cards, Interac, pre-paid cards, or corporate cards.
Fees and Charges for Using Taptap Send in Canada
Here are some general costs that users might encounter:
- Transaction Fees: Taptap Send charges a small percentage of the exchange rate with no additional transfer fees.
- Currency Conversion Fees: The fee is a small percentage of the exchange rate.
- Withdrawal Fees: Users can advance the cashout fees for recipients if applicable.
Is Taptap Send the Best Option in Canada?
Even though Taptap Send is available in Canada, it might not be the best option for users due to several limitations and restrictions that could affect the overall user experience.
- Limited Card Options: Cannot use credit cards, Interac, pre-paid, or corporate cards.
- Quebec Restrictions: Non-residents cannot send money while in Quebec.
- Verification Process: Requires ID and selfie, with additional documents possibly needed.
- Transaction Limits: Daily and monthly sending limits may apply, affecting large transfers.
- Exchange Rate Fees: Charges a small percentage of the exchange rate, impacting total cost.
Alternatives to Taptap Send in Canada
1) OneSafe
OneSafe is a leading alternative payment solution in Canada, offering ease of use, lower fees, and superior customer support. With features like simple onboarding, multi-currency support, and seamless payments, OneSafe stands out as a modern, efficient option for businesses navigating both traditional and Web3 financial landscapes.
OneSafe Reviews
OneSafe has received positive feedback from users who appreciate its comprehensive banking features, including ACH, Crypto, Wire deposits, and Virtual cards. Users have highlighted the company's support for most businesses, describing it as the best bank they have used so far. This sentiment reflects a high level of satisfaction with OneSafe's services.
2) Wise
Wise is a versatile payment solution in Canada, offering a multi-currency account, low-fee international transfers, and an international debit card. Users benefit from cost savings, transparency, and fast transactions. Wise's security measures and user-friendly interface make it a reliable option for managing finances across multiple currencies.
Wise Reviews
Wise has an overall rating of 4.7 out of 5 based on 86 reviews. Users have reported issues with money transfers being returned without notification and challenges with document approval.
Check out more Wise reviews here.
3) Paypal
PayPal is a reliable alternative payment solution in Canada, offering secure payments, global reach, and ease of use. Key features include 24/7 fraud monitoring, Buyer Protection on eligible purchases, and the ability to link multiple cards. Businesses benefit from fast payment processing and the option to send invoices.
Paypal Reviews
PayPal has an overall rating of 4.4 out of 5 based on 2,118 reviews. Users have reported high fees, issues with funds holding, and poor customer support.
Check out more PayPal reviews here.
Frequently Asked Questions about Taptap Send in Canada
What is Taptap Send?
Taptap Send is a money transfer service allowing Canadians to send funds internationally.
Can I use a credit card with Taptap Send?
No, Taptap Send does not support credit cards, Interac, pre-paid, or corporate cards.
Are there any fees for using Taptap Send?
Yes, Taptap Send charges a small percentage of the exchange rate as a fee.
Is Taptap Send available in Quebec?
Yes, but only Quebec residents can use it. Non-residents cannot send money while in Quebec.
What documents are required for verification?
Verification requires an ID and a selfie, with additional documents possibly needed.
Begin Your Journey with OneSafe Today!
Choosing the right payment solution in Canada is crucial for seamless financial transactions. OneSafe offers a modern, efficient alternative with lower fees and superior customer support. Explore OneSafe to experience its comprehensive banking features. Ready to make the switch? Sign up to OneSafe today!
