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How to Transfer Money Online for a Group Gift?

There are many ways that you can an online payment platform to transfer money online: you can send and receive money, get paid for your products and services through your business website, exchange currency for foreign transactions, send mass payments and make charitable donations. You can also get creative, and use a payment platform to collect money from friends and family for a group gift for someone special.

Say your parents’ wedding anniversary is coming up, and they never took a honeymoon when they got married 40 years ago, this would be a good opportunity to use a payment platform to get some money together to put towards a long-awaited honeymoon. Even if it’s just out of town for a weekend, your parents will appreciate it.

To get started, you might want to get a survey of who would be interested in helping out with getting your parents a romantic and well-earned honeymoon weekend at an Inn in the country. You can make a few phone calls or send some emails just to see who is able to contribute to the group gift and transfer money online.

ewallet malaysia rm30 After you have a good idea of which friends and family members will be able to help out, find a good payment platform through which everyone can transfer money online to your electronic wallet. You will want a payment solution with good customer service that can be reached at almost any time of day through various channels, such as through email, phone, chat and social networking. You will also want a platform that allows free money transfers, and loads of ways to fund an ewallet (credit card, bank account, check). Keep in mind that some processors take almost a week for bank transfers to complete, so try to find one with the fastest processing times.

Here are a few other steps to follow to raise money for a group gift:

Add your bank account and credit card details. After friends and relatives transfer money online to your electronic wallet, you will want to have your bank account added to your ewallet account so that you can claim your money. You might also have to option of withdrawing the money to a prepaid card, and make the purchase online or in stores; it will work just like a credit card. Or if you already make the purchase with a credit card, you can withdraw the amount from your ewallet to your credit card to pay off the balance.
Buy that gift! You may have already found a good deal on a weekend getaway. If you have, great! Now go and buy it. If you haven’t, you might want to get cracking on this as your parents’ anniversary is getting closer every day. Check sites that sell group deals with big discounts (each deal may require a minimum number of people to buy it); sometimes you can save up to 80% on a vacation because the business is looking for new customers.
Give the gift. After everyone has transferred money online, and you have purchased the gift, you might want to throw a little dinner party at which to present your parents with the gift. This can be as small or big as you want and can afford. It is always nice to be able to give a gift with everyone there.
Send a “Thank You”. Don’t forget to thank everyone who was able to transfer money online to help raise money for your parents’ anniversary honeymoon. And be sure to put everyone’s name in the card.
This is one of the best ways to pool money when a lot of people live abroad or if it is just easier to transfer money online and buy the gift in advance.

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