What is Qwid?

Qwid is a leading International Money Transfer Operator (IMTO) dedicated to simplifying cross-border payments. Founded on the mission to make global money transfers affordable, secure, and accessible, Qwid empowers individuals and businesses to send funds to over 120 countries. Whether supporting family abroad, paying for education, or managing international business transactions, Qwid ensures your money arrives swiftly and safely.

Core Services & Global Reach

● Send money via bank deposits, mobile wallets, cash pickup, or card-to-card transfers.

● Serve major remittance corridors like the US to Nigeria, UK to India, and EU to Latin America.

● Offer competitive exchange rates and transparent fees, saving users up to 50% compared to traditional banks.

With a user-friendly platform and 24/7 customer support, Qwid bridges financial gaps worldwide.

Who Owns and Operates Qwid?

Qwid is a flagship brand under FinGlobal Group, a fintech innovator with a decade of expertise in cross-border payments. The company was co-founded in 2015 by CEO Clara Mertens, a veteran in financial technology, and CTO Raj Patel, a pioneer in blockchain security.

Strategic Partnerships

● Regulated by the FCA (UK) and FinCEN (USA).

● Partnered with Visa, Mastercard, and mobile wallet giants like M-Pesa and Paytm.

● Backed by investors such as Global Fintech Ventures and SilverLake Partners.

This robust foundation ensures Qwid adheres to the highest standards of security and innovation.

How Does Qwid Work?

Sending money with Qwid takes minutes:

1. Sign Up: Create a free account online or via the app.

2. Choose Recipient Details: Enter the recipient’s name, country, and payout method.

3. Select Transfer Method: Opt for bank deposits, mobile wallets, cash pickup, or card transfers.

4. Send & Track: Monitor transfers in real time with SMS/email notifications.

What Are the Fees and Exchange Rates?

Qwid prioritizes affordability:

● Fees: As low as $2.99 for transfers under $1,000 (bank deposits). Cash pickup fees start at 1.5%.

● Exchange Rates: Margin of 0.5%-1.5% above mid-market rates—better than banks and competitors.

How Fast Are Transfers with Qwid?

Speed varies by payout method:

● Instant: Mobile wallets and card-to-card (seconds).

● Same-Day: Cash pickup (1-4 hours).

● 1-3 Business Days: Bank deposits (subject to local regulations).

Delays may occur due to currency conversion or recipient bank processing. For urgent needs, use Qwid Flash Transfer for a $5 fee.

Is Qwid Secure and Regulated?

Qwid uses military-grade encryption and two-factor authentication

(2FA) to protect your data.

Compliance Highlights

● Licensed by the FCA (UK) and FinCEN (USA).

● Regular audits by Deloitte for AML/KYC compliance.

● Fraud detection AI blocks suspicious transactions in real time.

Your funds are held in segregated accounts at top-tier banks, ensuring safety even in unforeseen events.

Which Countries and Payment Methods Are Supported?

Top Corridors:

● North America → Africa/Asia

● Europe → South Asia/Latin America

● Australia → Southeast Asia

Supported Payment Methods

● �� Debit/Credit Cards (Visa, Mastercard, Amex)

● �� Bank Transfers (SEPA, SWIFT)

● �� Mobile Wallets (M-Pesa, Paytm, GCash)

● �� Cash Pickup (via partners like MoneyGram)