Cash send services allow you to send money to a recipient who can then collect it, often without needing a bank account. Here’s a breakdown of how it typically works, based on the provided information:
Steps to Send Cash:
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Enter the Amount: Specify the amount of money you want to send.
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Create a Voucher PIN: Generate a unique 6-digit voucher PIN. You'll likely need to enter it twice for confirmation. It is critical to remember this PIN as the recipient will need it to access the funds.
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Enter Recipient's Mobile Number (Optional): You can usually enter the recipient's mobile phone number. This is optional in some cases, but it generally facilitates communication about the transfer.
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Get and Retain Your Receipt: After completing the transaction, you'll receive a receipt. Keep this receipt as proof of the transaction.
Example Scenario
Let's say you want to send $50 to a friend, Sarah.
- You enter $50 as the amount to send.
- You create a PIN: 123456 (and enter it again to confirm).
- You enter Sarah’s phone number.
- You receive your receipt.
You then need to inform Sarah of the amount sent and the PIN (123456). She can then go to the designated location (which depends on the specific cash send service being used) and, using her ID and the PIN, withdraw the $50.
Important Considerations
- Security: Keep your voucher PIN secure. Do not share it with anyone other than the intended recipient.
- Proof of Transaction: Always retain your receipt as proof of the transaction in case of any issues.
- Recipient Notification: The recipient needs to know the amount sent and the voucher PIN to withdraw the money.
- Terms and Conditions: Understand the terms and conditions of the specific cash send service, including fees, withdrawal locations, and validity periods for the voucher.
