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What are the advantages of the different methods to send money?
For information about the advantages for the different methods of sending money, refer to the following:
Email Address and Mobile Phone: The advantage of sending money to an email address or mobile phone is that there is not a need for the recipient to provide their bank account information to you. Additionally, the recipient may be able to enroll in automatic deposit, which means payments made to the recipient email address or mobile phone number will be directly deposited into their account.
Recipient‘s Bank Account: The advantage of sending money to a bank account is that the funds will be directly deposited into the recipient’s bank account; the recipient does not have to take any action to complete the payment. However, the recipient is required to share their bank account information with you.