
SendmoneyCareem
Send money instantly, securely, and conveniently with Careem Pay.
Vendor
Careem
Company Website
pitchbook_72743d0034.pdf
Product details
Overview
Careem Pay offers a seamless and reliable platform for money transfers. Users can quickly send funds to anyone in their network, regardless of their location, via an intuitive mobile interface. It aims to simplify financial transactions with a focus on speed, security, and ease of use.
Features and Capabilities
- International Transfers: Send money from the UAE to countries including the UK, India, Pakistan, and the Philippines.
- Competitive Rates: Enjoy exchange rates that are 50% cheaper than traditional banks, ensuring more value for your money.
- Zero Fees: Experience fee-free transfers with no hidden charges, providing transparency and cost savings.
- Fast Transactions: Benefit from quick processing times, with transfers typically completed within minutes.
- Secure Transfers: Rely on advanced security measures to protect your data and ensure safe transactions.
- User-Friendly Interface: Navigate an intuitive mobile interface for a seamless and convenient transfer experience.
- 24/7 Availability: Access the service at any time, with operations running around the clock.
- Recipient Flexibility: Send funds to recipients without requiring their IBAN or account number, simplifying the process.
- Bill Payments: Manage and settle various bills, including utilities and telecommunications, directly through the app.
- Top-Up Services: Easily top up Salik balances and Nol cards for convenient travel across the UAE.
- Transaction Limits: Transfer up to AED 45,000 in a single transaction and up to AED 135,000 monthly, accommodating various financial needs.
- Regulatory Compliance: Operate under the authorization of the UAE Central Bank, ensuring adherence to financial regulations.
- Customer Support: Access dedicated support for assistance with transactions and account management.
- Future Expansion: Plans to include additional remittance corridors, broadening the service's reach.