Circle Pay App

Circle Pay is a peer-to-peer money transfer app developed by Circle, a Boston-based financial services company.

Breaking Down Circle Pay App

Circle Pay can be utilized to send and request money locally and abroad utilizing either a contact's telephone number or email without causing charges for the transfer.

As of December 2017, the Circle Pay app was operational in the United States and Europe. It claims to be the world's sole cross-border payment platform that empowers users in Europe to transfer cash straightforwardly into their U.S. accounts. It doesn't charge conversion fees and uses the mid-market rate for changing starting with one currency over completely then onto the next.

Circle Pay utilizes ethereum blockchain platform to empower free money transfers on its app. The app likewise utilizes a two-factor authentication cycle to guarantee secure processing.

Users enrolling with Circle Pay are required to connect their bank and debit card subtleties to their accounts. They include the option of storing balances inside the Circle Pay app or transferring them out of the app and managing their transactions straightforwardly from the linked account or debit card.

The app is utilized for daily transactions, for example, splitting feast costs or making rent payments. Circle Pay likewise has a "Group" feature. Utilizing this feature, users can send money to groups of up to 20 individuals all at once or pick people from inside the group and send them cash. Users can visit with telephone contacts and furthermore send pictures and GIFs.

Circle Pay is well known with Millennial users with Europe.