Digital payments have shown their true benefit when the whole world faced the deadliest virus and believing in such innovation, a number of startups entered the digital revolution to make the payments cashless.
And concerning the fact, a Bangalore situated UK-based startup called ‘MoneyHop‘ made the users feel about the true meaning of paperless transactions. The all-in-one digital banking solution ‘MoneyHop’ is a neobank regulated by RBI licensed bank, which aims to provide mobile banking services to Millenials throughout the country.
The neobank has recently raised $1.25 million in a seed round to provide seamless and cost-effective cross-border payments and remittance solutions for individuals and businesses in India.
The platform showcase a multi-currency bank account with the fusion of both credit+debit card, where the user can make payment in USD, INR, AUD with payment methods like UPI, QR, etc
Just like a physical bank account, the banking solution has integrated each and every feature/service within the mobile application, so as to avoid branch walks.
So if you’re an Indian citizen aged above eighteen and looking for a smart mobile international banking experience, then I guess MoneyHop should be the first and last choice. Here we go…
Key Features :
- A multi-currency bank account
- One Global Card which is a Fusion of Debit + Credit + FX cards
- Omni-channel spending ability
- Get the best interest rates – up to 6%
- Transfer money internationally or domestically at any time and from anywhere
- International transfers at 0% markup
- No hidden fees (100%transparency)
- Track and manage your expenses
- Earn rewards and cashbacks
How To Apply for MoneyHop Card?
- Open moneyHop website
- Click on the Early access option, at the top right corner
- Now enter your full name, email address, phone number & your city
- Hit the submit to proceed
- Verify your email address & you will be successfully added to the joining waitlist
- As soon as you clear the waitlist, you will be reminded of your account status & will be able to use the moneyHop mobile application
- Done!
Also Read: Guide: How To Apply For YPay Card?
How To Complete KYC Verification?
- After getting a spot over the waitlist, you need to login into the moneyHop application
- At KYC verification, submit your Aadhar card no. & PAN card no. along with both side images
- Get the Aadhar verified via entering OTP, and your digital KYC will get completed
- Done!
Also Read: How To Apply For Walrus Card?
How To Order MoneyHop Physical Card?
- After successful KYC verification, a virtual moneyHop card is issued instantly.
- To get the physical card, visit the Cards section & click Order Now option
- Enter your shipping address & complete the payment via any payment method
- Done! your physical hop card will be reached to you within the given delivery time
Also Read: How to Apply for Omni Card?
Final Words
The Gen Z of this smartphone era is more into digital activities than physical. And for them, having a full-fledged digital bank account is more comfortable than a physical one where paperwork is required to initiate any banking service.
However, the fintech startups helped the upcoming generation to fully rely on mobile-based banking and the move has been turned beneficial for every smartphone user.
Similarly, startup-like MoneyHop is being preferred for its smooth digital banking solutions & if you’re one of the smartphone users who prefers online payments to atm withdrawals, then go with MoneyHop to feel a unique digital banking experience.
