Category: Remittance

Is It Safe to Send Money to India Online? Security ExplainedSending money from Europe to India is common for families and workers. In fact, India received a record $135.46 billion in remittances in FY 2025 by Indians working abroad. With so much at stake, safety is key. The good news is that online transfers are very safe, when you use the right platforms. Major remittance services use strong encryption (often 256-bit SSL) and strict fraud monitoring to protect your data and funds. Always pick a licensed and regulated provider. For example, ScopeX is a blockchain-based money transfer service covering Europe and…

Money-transfer apps often advertise “zero fees” on international transfers, which sounds great for NRIs in Europe sending cash home. In reality, “zero fee” usually means no upfront charge but the provider may still earn through the exchange rate or other costs. For example, some services waive transfer fees but add a hidden markup: they give you a slightly lower EUR→INR rate than the true mid-market, effectively charging for the service without saying so. In other cases, “free” may only apply to your first transfer or a limited amount. Even without a visible fee, check the actual rupees per euro you’ll get. Some apps claim…