VALR Pay: The Best App to Send Money Between South Africa and Zimbabwe

Sending money between South Africa and Zimbabwe has traditionally been challenging, with high fees, slow processing times, and limited options for recipients. While methods like bank transfers, money transfer services, and mobile money platforms are commonly used, they are not always convenient or cost-effective.

VALR Pay offers a better alternative, enabling instant, fee-free transfers using cryptocurrencies, including stablecoins like USDC, USDT, and EURC. It’s the most efficient way to send money between these two countries.

5 Ways to Transfer Money Between South Africa and Zimbabwe

1. Bank Transfers
   Bank transfers are widely used but can be expensive and time-consuming, with fees for cross-border transactions often making them impractical for smaller amounts. In addition, recipients need access to bank accounts, which may not always be the case in Zimbabwe.

2. Money Transfer Services
   Western Union and Mukuru are popular options for sending money to Zimbabwe. While they allow recipients to collect cash at various locations, these services typically charge high fees and offer unfavourable exchange rates, making them costly for frequent transfers.

3. Mobile Money Platforms
   Platforms like EcoCash are widely used in Zimbabwe for domestic transactions. However, transferring money from South Africa to EcoCash accounts often requires intermediaries, which increases costs and complexity.

4. Digital Wallets
   Digital wallets like PayPal and Skrill provide an option for cross-border transfers, but their fees for currency conversion and international transactions are high, making them less ideal for regular use.

5. VALR Pay
   VALR Pay is a simple, user-friendly app that allows instant, fee-free transfers between South Africa and Zimbabwe. Supporting over 100 cryptocurrencies, including stablecoins like USDC, USDT, and EURC, VALR Pay is the most affordable and reliable solution for cross-border transactions.

How to Use VALR Pay to Transfer Money Between South Africa and Zimbabwe

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 Zimbabwe 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 Zimbabwe 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).