VALR Pay: The Best App to Send Money Between Ireland and South Africa
Sending money between Ireland and South Africa has traditionally involved options like international bank transfers, money transfer services, and digital wallets. While these methods are reliable, they often come with high fees, slow processing times, and unfavourable exchange rates.
VALR Pay offers a better alternative, enabling instant, fee-free transfers using cryptocurrencies, including stablecoins like USDC, USDT, and EURC, making it the most efficient way to send money between these two countries.
5 Ways to Transfer Money Between Ireland and South Africa
International Bank Transfers
Bank transfers are a popular option for cross-border transactions. However, they are often slow and expensive due to high fees and complex processes involving multiple correspondent banks.Money Transfer Services
Services like Western Union and MoneyGram enable cash pick-ups at designated locations in South Africa. While convenient, these services come with steep fees and less favourable exchange rates, making them costly for frequent transfers.Digital Wallets
PayPal and Skrill allow users to send money internationally. While they offer convenience, their high fees for currency conversion and cross-border transactions make them less attractive for regular use.Cryptocurrency Exchanges
Some platforms allow cryptocurrency transfers across borders. While faster and cheaper than traditional methods, they can feel complex for those new to crypto.VALR Pay
VALR Pay is a simple, user-friendly app that enables instant, fee-free money transfers. With support for over 100 cryptocurrencies and stablecoins like EURC, USDC, and USDT, it’s the fastest and most affordable solution for transferring money between Ireland and South Africa.
How to Use VALR Pay to Transfer Money Between Ireland and South Africa
With VALR Pay, transferring money between these two countries is simple and seamless. Here’s how to get started:
1. Sign in to VALR
Navigate to VALR's website or install the VALR application (iOS or Android) on your smartphone. Click "Get Started" or head to this link to create a new account. If you already have a VALR account, tap "Sign in" and enter your credentials.
2. Navigate to VALR Pay
Once logged in, navigate to the "VALR Pay" menu and select "Pay" to transfer money to your recipient in Ireland or South Africa.
3. Choose the asset and amount to transfer
Choose the cryptocurrency or stablecoin you want to send, such as EURC, USDC, or USDT, and enter the transfer amount. Stablecoins are ideal for cross-border transfers as they offer price stability.
4. Enter recipient’s details
Provide the recipient’s phone number, email address, or VALR Pay ID. Add an optional note or message, or select "Send anonymously" for added privacy.
5. Complete the transaction
Review the transfer details and tap "Next." Finalise the process by selecting "Pay now." The recipient will receive the funds instantly.
Experience seamless, fee-free money transfers between Ireland and South Africa with VALR Pay. Sign up now to get started!
Risk Disclosure
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.
VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).