Quick Answer: Can I Transfer Money Out From Big Pay?

Who owns big pay?

Tony FernandesAirAsia founder and CEO Tony Fernandes officially unveiled BigPay, the budget airline’s new digital payments platform, at the Money 2020 conference in Singapore today..

Can you transfer money to a prepaid Mastercard?

A simple and free way to load cash onto a prepaid debit card is to use a bank transfer. … One of the easiest ways to load money on a prepaid debit card is through an online transfer from a bank account. Bank transfers are free with virtually all prepaid cards, and the transfer can be completed online.

Is it safe to pay through bank transfer?

SHOPPERS are being warned not to use bank transfers when they pay for things online as it’s much harder to get their money back when something goes wrong. … But if you pay by bank transfer and something goes wrong, you’re not covered by the same protection offered to card and Paypal payments.

How does Big Pay make money?

2. If I Use BigPay Overseas, How Does The Currency Exchange Work? … The clincher, according to BigPay, is that there are absolutely no hidden charges. Usually, banks charge hefty markup fees on top of the exchange rate when you pay in foreign currency abroad.

Can I transfer money from BigPay to bank account?

BigPay now lets you transfer money to local and international bank accounts. BigPay is now making it easier to transfer money using its prepaid Mastercard balance. They have just enabled local and international bank transfers on the official app.

Where can I use big pay?

You can use your BigPay card anywhere that accepts Mastercard. That’s over 40 million merchants worldwide! Unfortunately, you can’t use your BigPay card in North Korea and Israel. What’s the exchange rate when I use my card abroad?

How do I send money with BigPay?

Just choose your destination country and key in the recipient’s bank details in your BigPay app. We’ll show you the exact fees to be paid and the exchange rate used. No hidden fees or complicated maths. If you are happy with the rates, all you have to do is pay for your transfer and it’s done!

What is the safest way to transfer money?

Wire transfers are fast, reliable, and generally safe.And for significant transactions—like buying a home—wire transfers or cashier’s checks might be your only options because the funds are available to the recipient more or less immediately. … A wire transfer describes any electronic transfer of money.More items…

Is BigPay card good?

BigPay is a helpful service, with some strong features – especially if you’re spending and making withdrawals here in Malaysia. Accounts are free to open – and because you’ll be managing your money online and via the BigPay app, you’ll never need to wait in line in a bank branch again.

Can I withdraw money from BigPay?

How do I withdraw money from BigPay? Easy! 😎 It’s the same as withdrawing money from your bank card. Head to the nearest Mastercard supported ATM, insert your BigPay card, enter your card PIN and make a cash withdrawal.

What is the benefit of BigPay?

It will waive the 2% fee charged by overseas ATM withdrawals, waive processing fees by AirAsia, and the card is accepted anywhere a MasterCard is. Foreign exchange remittances and P2P payments can be done for no cost on BigPay.

Is big pay a debit card?

Unlike most e-wallets like vcash and FavePay, AirAsia’s BigPay is based on a Mastercard prepaid card that’s managed fully by its BigPay app. Since it works like a normal credit/debit card, users can make payments at over 35 million Mastercard merchants worldwide.

Can I use BigPay to pay credit card?

Any debit or credit card as long as it’s Visa or Mastercard. For now, we don’t accept American Express. We don’t charge any top up fees but when you use a foreign card, your card issuer may charge you a currency conversion fee.

What’s the safest way to transfer money?

Here are the best ways to send money:Cash. Max transfer amount: No limit. … Bank transfer. Max transfer amount: No limit, although there may be internal transfer limits. … PayPal. Max transfer amount: $10,000 per transaction. … Google Wallet. … Venmo. … Xoom. … USForex.

Is Bank Transfer safer than PayPal?

Bank transfer is much safer for you too as customers can make a claim against Pay Pal and get a refund which they may not be due, leaving you out of pocket. You can also request funds by email using Roman Cart, and take payment via credit/debit card.