Tap Tap money transfer review & guide

Exchange rates, payment options, step-by-step guide, transfer fees, and all you need to know about .

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Trademark Disclaimer: Tap Tap* with whom RemitBee Incorporated (“We,” “Us,” “Our”) has no direct or indirect association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

Everything you need to know

Tap Tap review

Taptap Send is an app that allows users to send money quickly and affordably to Africa, Asia, and the Caribbean. Launched in 2018, it has already processed billions of dollars and serves customers in the UK, US, Canada, UAE, Australia, and the EU, with more countries being added. Taptap Send aims to reduce the high costs and long wait times associated with traditional money transfer services, making cross-border remittances more accessible and efficient. The company is backed by prominent investors and is focused on achieving the UN Sustainable Development Goal of lowering remittance costs by 2030.

Payment Methods Available with Tap Tap

Taptap Send allows you to use the following cards:

  • Visa Electron
  • Mastercard
  • Maestro
  • PostePay
  • Bancontact
  • SOFORT

    • How much can I transfer with Tap Tap?

    Taptap Send does not specify fixed transfer limits for users sending money from Canada.

    Transfer Limits

    Taptap Send doesn't have fixed limits for transfers from Canada.

    Maximum Limits

    Typical maximums include USD 2,500 for mobile wallet transfers and USD 1,000 for cash pickups, but these may vary.

    Account Verification

    Completing account verification by submitting a government-issued ID and selfie can increase sending limits and lift restrictions on larger transfers.

    How long does a transfer usually take with Tap Tap?

    Generally, Taptap Send transfers are expected to arrive within minutes. The service provides an estimated transfer time on the confirmation screen, just above the
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    Pros and Cons of using Tap Tap

    Pros
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    Minimal fees, saving users money compared to traditional transfer services.

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    Easy-to-use mobile app allows users to send money anytime, anywhere.

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    Send money to over 140 countries.

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    Robust security measures protect personal information and funds.

    Cons

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    Fees vary by destination, which can cause confusion for users.

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    Additional documentation may be needed when sending larger amounts, which can be inconvenient.

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    Corporate cards and American Express are not accepted, limiting payment options.

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    Regulatory restrictions may cause delays or limitations on certain transfers.

    Tap Tap Transfer Fees

    Taptap Send may charge a transfer fee depending on the country you are sending money to. However, since the fees are not fixed, they can vary, which may be confusing for some users. Additionally, the service earns a small margin on the difference between the exchange rate it receives from its partners and the rate that customers receive on their transfers.

    How it works

    How does Tap Tap make money?

    Taptap Send generates revenue through two main channels.

    First, they earn a small margin on the exchange rates by marking up the difference between the rates they receive from their partners and the rates they offer to customers.

    Second, although many transfers are fee-free, Taptap Send charges minimal fees for transfers to certain destinations. For instance, transfers to countries like the Democratic Republic of Congo and Jamaica may incur small fixed or percentage-based fees.

    Tap Tap exchange rates

    Taptap Send leverages pooled transfers from all customers every day to negotiate the best possible exchange rates, far better than what an individual customer could secure alone. While we retain a portion of the gain to cover our operational costs, we pass the rest of the savings directly on to you. Our goal is to offer exchange rates as close as possible to the real rates found on platforms like Google or Bloomberg, providing you with rates that are significantly better than those offered by most other remittance providers. ​
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    Best rates with RemitBee

    RemitBee makes sending money abroad simple, fast, and affordable. With transparent fees and no hidden charges, it offers competitive pricing for international transfers. You can choose from multiple payment methods and benefit from the mid-market exchange rate, which ensures you get the best value for your money.

    Transfers are secure, with top-level encryption protecting your data and funds. Whether you're sending money to family or handling business transactions, RemitBee ensures a smooth, reliable experience every time.

    Safety and security

    Is Tap Tap money transfer secure?

    Taptap Send is regulated and authorized to conduct money transmission in multiple countries and uses state-of-the-art encryption technology to protect payments and data, fully complying with GDPR and PCI requirements. The safety of your money is our top priority, and we take several steps to ensure its security. In the UK, for instance, Taptap Send is an electronic money institution (EMI) regulated by the Financial Conduct Authority (FCA), which offers different protections compared to banks.

    Security features

  • Tap Tap enhances security by requiring identity verification and offers two-factor authentication for an added layer of protection.
  • The platform also uses advanced fraud detection technology to monitor transactions and block suspicious activities.
  • In case of unauthorized access, Tap Tap provides account recovery processes to lock your account and secure your funds.

    • With Tap Tap you can send money from the following countries

    Tap Tap allows you to send money to and from over 150 countries. Some of the countries where you can send money include:
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    Other Money Transfer Providers

    Frequently asked questions

    Have questions? We have answers!

    How does Taptap Send work?
    What fees does Taptap Send charge?
    How fast are Taptap Send transfers?
    Is my money secure with Taptap Send?