Panda Remit Review & Features | CompareRemit
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Spotlight: Panda Remit

Updated on April 08, 2022 10:59 am
panda remit

Panda Remit is an international remittance company that is leaping into the market with the goal of offering the best rates and lowest fees. At a fraction of the cost in comparison to other remittance services, plus 24/7 customer support and zero fees on your first transfer, they are quickly making headway in the remittance marketplace. They are constantly growing, now offering remittance services to over 30 countries and are continuing to launch new corridors. When choosing Panda Remit, you can expect to receive excellent customer service, ease of use, and no hidden fees.

Panda Remit was founded in Hong Kong by Wo Transfer (HK) Limited and is backed by a very large investment firm, Sequoia Capital. The company was also accepted into the Mastercard Start Path Program back in 2020. Since launching in China, they have rapidly entered international markets including North America, Asia, and Europe since their inception in 2018. Today, their services are utilized by millions across the globe.

Key Features of Panda Remit

Panda Remit is an online remittance service that prioritizes its customers. The user's ability to send and receive money in more ways is of the utmost importance. They also offer a 100% money transfer guarantee, which means that if your transaction falls through, you don't pay any fees or costs, unlike most other remittance services.

Additional Benefits Include:

  • No sending fees on your first transfer
  • Ability to send money to over 30 countries
  • Receive money via E-wallets, bank cards, and cash pickup options
  • Send money via mobile banking, bank cards, and online payment systems
  • Completely safe and secure backed by industry-standard security protocols and encryption to protect your personal data
  • Send money in as fast as 2 minutes
  • Easy-to-use mobile application
  • 24/7 customer support
  • No hidden fees

How to Use Panda Remit

Start using Panda Remit today by following these easy steps:

  1. Open up a free Panda Remit account by downloading the Panda Remit application for IOS or Android.
  2. When you open up the app, click the button in the bottom right corner that looks like the silhouette of a person.
  3. At the top of the page, click the "Login/Registration" link.
  4. Create your free account by selecting the country/region you will be sending money from.
  5. Next, enter in your phone number or email address - whichever you prefer to create an account with.
  6. You will receive a verification code either via email or phone, depending on what was used to create your account.
  7. Enter the verification code and agree to their terms and conditions to continue.
  8. You will then be prompted to create a password.
  9. Next, the app will ask you for Remitter Information. Fill out the form with your personal information, including your name and home address.
  10.  Afterwards, you will need to upload a required personal identification document such as your passport, driver's license, or ID card for verification.
  11. You will then be able to send your first transfer!

How to complete your first transfer:

  1. Select transfer details including the receiving country and the amount you want to send.
  2. Create your recipient's profile with their information and receiving method.
  3. Select the sending method by choosing from the supported options of the sending country.
  4. Confirm your transfer - please note that most transfers take around one working day.
  5. Track your transaction's status through the app!

If you experience any issues while using Panda Remit, don't hesitate to reach out to their customer service support team at [email protected]. They offer customer support 24/7 and will be happy to assist you. There is a reason why they have over 50,000 high-rated reviews and have a 4.9/5 score on Trustpilot.

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Send money instantly online or using your smartphone today using one of the most trusted remittance services globally - Panda Remit.

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