deVere Vault, the global e-money app, has added another 22 currency wallets and a new feature to enable third party transfers.
Users of deVere E-money’s revolutionary app can now store and transfer money in a total of 27 currencies.
Newly added to the list of Vault currencies of the pound Sterling, the U.S. dollar, the Euro, the Swiss Franc and the Polish Zloty, are the Australian Dollar, Bulgarian Lev, Canadian Dollar, Chinese Yuan, Czech Koruna, Danish Krone, Emirati Dirham, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Mexican Peso, New Zealand Dollar, Norwegian Krone, Qatari Riyal, Romanian New Leu, Saudi Riyal, Singapore Dollar, South African Rand, Swedish Krona, Thai Bhat and Turkish Lira.
Another new feature is the ability to use Vault to send money to a bank account – to yourself, a friend, organisation or business – anywhere in the world. Dynamic fields ensure users enter the correct information, plus you can select from standard or priority payments and save a list of beneficiaries.
Nigel Green, CEO and founder of deVere Group, comments: “The addition of these 22 currency wallets makes deVere Vault the world’s most international e- money app.
“Now you can store, transfer and exchange 27 global currencies. Plus when you’re spending in the States, the UK, the Eurozone or Switzerland, Vault automatically adapts to use in the right currency, without the account holder having to do a thing. For instance, in New York you’ll pay in U.S. Dollars, in London it’ll convert to Pound Sterling, in Barcelona you’ll be paying in Euros, and in Geneva it’ll be Swiss Francs.”
He continues: “In today’s ever more globalised, connected world, you should be able to access, manage and use your money easily, wherever you are in the world. From now on, access to your money has to be borderless. People will increasingly, not accept anything less. Vault gives globally-minded individuals, businesses and expats this power.”
At the launch of the global e-money app, Mr Green said: “deVere Vault will provide global services in electronic money and a single card, multi-currency service. Focusing on those with an international lifestyle, we will also ensure that the best currency exchange ratios are given.
“You will be able to open a deVere Vault account in around five minutes, withdraw money from any cash machine worldwide, get real-time notifications with all your transactions, spend money on the card wherever Mastercard is accepted, and send and receive money in most major currencies instantly with other deVere Vault account holders.”
More than 40,000 users will have downloaded and be using the app before the end of the year, it has been forecast.
Since deVere’s push into the fintech sector earlier this year, deVere’s CEO has been an outspoken critic of traditional banks, saying they’re “dragging their feet” and that their “days are numbered.”
As the company develops new breakthrough fintech solutions, Mr Green opines: “We’re entering a new age. We are truly at the start of a tech and digital revolution that is monumentally changing the way we live, do business and connect to one another – and the changes are coming quicker than ever before and will affect more people than ever before.
“From self-driving cars, genetic bio-editing to intelligent robots, new technologies will impact every part of our lives. Our financial lives will be no exception. Therefore, we’re committed to helping shape the future by developing accessible and in-demand fintech propositions that empower us all to achieve our financial objectives and manage our money in today’s world.”