Eversend Vs Chipper Cash: Differences, Similarities, which is better

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Eversend vs chipper cash

The adoption of fintech has significantly increased over the years, leading to the emergence of numerous digital financial service providers.

Two popular digital financial service providers in Africa are Eversend and Chipper Cash. While they share similarities, they have notable differences that set them apart.

In this blog post, we’ll explore Eversend vs Chipper Cash, highlighting their similarities and differences, and help you decide which one suits your needs.

Similarities

Eversend and Chipper Cash have some similarities, which include:

  1. Mobile Money: Both platforms allow users to send and receive money via mobile devices, leveraging the use of mobile money.
  2. Multi-currency Support: Eversend and Chipper Cash support multiple currencies, allowing users to transact with different currencies easily.
  3. User-friendly Interface: Both platforms are user-friendly, making it easy for users to navigate and use their services.
  4. Security: Eversend and Chipper Cash prioritize the security of their users’ information and transactions, ensuring that their platforms are secure.

Differences

Despite their similarities, Eversend and Chipper Cash have differences that set them apart. Below are some of the differences:

  1. Services Offered: Eversend offers services such as international money transfer, bill payments, and virtual debit cards, while Chipper Cash mainly focuses on peer-to-peer payments and mobile recharge.
  2. Availability: While Eversend is available in several African countries and Europe, Chipper Cash is currently available in a limited number of African countries.
  3. Fees: The fees charged by Eversend and Chipper Cash differ. Eversend charges a flat fee for transactions, while Chipper Cash charges a percentage of the transaction amount.
  4. Withdrawal Options: Eversend allows users to withdraw money to their bank accounts, while Chipper Cash allows users to withdraw money via mobile money, bank transfer, or cash pick-up.

Eversend and Chipper Cash: Which One is Better?

Choosing between Eversend and Chipper Cash depends on your specific needs.

If you need to make international money transfers, pay bills, or use a virtual debit card, Eversend may be the better option.

On the other hand, if you need to make peer-to-peer payments and mobile recharge, Chipper Cash may be the better option.

To help you decide, below is a chart comparing some of the key features of Eversend and Chipper Cash:

Features Eversend Chipper Cash
Services Offered International money transfer, bill payments, virtual debit cards Peer-to-peer payments, mobile recharge
Availability Several African countries, Europe Limited number of African countries
Fees Flat fee Percentage of transaction amount
Withdrawal Options Bank accounts Mobile money, bank transfer, cash pick-up

Conclusion

Eversend and Chipper Cash are two digital financial service providers that have emerged in Africa.

While they share similarities such as mobile money, multi-currency support, user-friendly interfaces, and security, they also have differences that set them apart.

Choosing between Eversend and Chipper Cash depends on your specific needs, and the chart above can help you make an informed decision.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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