As the world becomes more globally connected, sending money to friends and family across the globe is becoming more common. But manually initiating money transfers, especially when they need to happen regularly can be time-consuming and inconvenient. That’s why we are pleased to introduce Standing Order Payments, a new feature that simplifies and automates the process of scheduling recurring money transfers on the WSLRemit app.
Here’s an overview of what the Standing Order is, how it works, and why it’s an important addition to the WSLRemit platform:
What is a Standing Order?
Standing Order is a new feature on the WSLRemit app that enables users to set up automatic transfers at regular intervals, weekly or monthly. This makes it easy to send money to family members, pay bills, or make regular investments in Nigeria without manually initiating each transfer.
The Importance of Standing Order Payments
The Standing Order feature is essential because it eliminates the need to manually initiate payments every time you want to send money to your beneficiaries. With this feature, users can set up a recurring payment schedule, and the app will automatically transfer the funds to the recipient’s designated account, eliminating the possibility of missing a payment or forgetting to make a transfer.
How to Use Standing Order
Using Standing Order on the WSLRemit app is easy. Here’s how:
1. Log into your WSLRemit account or create one if you haven’t already.
2. Go to the “Home Page” and click on the “Send” icon at the bottom of the screen.
3. Enter the amount you want to send
4. Toggle on the “Standing Order” button on the home screen.
5. Select the frequency of the transfer such as monthly or weekly.
6. Select the Start and End date of the Order.
7. Click on “Next” and add the recipient’s account details.
8. Add the purpose of the transaction.
9. Confirm your transaction and sit back while WSLRemit takes care of the rest.
It’s that easy! If you haven’t tried WSLRemit’s Standing Order feature yet, why not give it a try today? You can download the WSLRemit app from the App Store or Google Play and start experiencing a new level of financial ease and control.
