VALR Pay: The Best App to Send Money Between Namibia to South Africa
Sending money between Namibia and South Africa has typically relied on options like bank transfers, money transfer services, and digital wallets. While these methods are reliable, they often involve high fees, slow processing times, and less favourable exchange rates.
VALR Pay offers a modern alternative, enabling instant, fee-free transfers using cryptocurrencies, including stablecoins like USDC, USDT, and EURC. It’s the easiest and most affordable way to send money between these two neighbouring countries.
5 Ways to Transfer Money Between Namibia and South Africa
Bank Transfers
Bank transfers are a common method for cross-border transactions. However, they often involve high fees, complex processes, and lengthy processing times, making them impractical for small or urgent transfers.Money Transfer Services
Services like Western Union and Mukuru are popular for sending money to South Africa. While they allow cash pick-ups at various locations, their high fees and less favourable exchange rates make them costly options, particularly for frequent transactions.Mobile Money Platforms
Namibia has limited mobile money options compared to other regions, and cross-border transfers using these platforms often require intermediaries, increasing costs and complexity.Digital Wallets
Digital wallets like PayPal and Skrill enable cross-border payments but charge high fees for currency conversion and international transfers, making them less ideal for regular use.VALR Pay
VALR Pay is a simple, user-friendly app that facilitates instant, fee-free transfers between Namibia and South Africa. Supporting over 100 cryptocurrencies and stablecoins like USDC, USDT, and EURC, VALR Pay is the most affordable and efficient option for cross-border transactions.
How to Use VALR Pay to Transfer Money Between Namibia and South Africa
With VALR Pay, transferring money between these two countries is easy and hassle-free. Here’s how you can 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 Namibia 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 fast, secure, and fee-free money transfers between South Africa and Namibia 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).
