A whole bunch of new fund transfer types (insecure and expensive).

   Reading through the latest improvements and innovations in the field of money transactions I ran onto a whole bunch of innovative types of money transfers - some of them unpractical and useless (insecure, slow or expensive) and some of them very nice theoretically speaking.
   The first new type that caught my eye is the Mobile phone money transfer which sound ridiculous at first glance or hearing but makes some little sense after reading the explanation and understanding the whole idea. See, it is not that easy(and it cannot be, shouldn't be) to make international money transfer as it is to write an SMS, and as expected it involves some additional requirements. The system invented by WU requires everyone who wants to use it to have Mobile Wallet - an application interconnected with your bank account(through the very 'secure' mobile phone) and connected with the servers of WU in order to send or respectively receive money operating from your mobile phone. It is necessary to say that such application is supported only by the very-high class phones, you need to pay for the iNet used mobile, for the application that costs thousands of dollars and of course to pay the charges for the transaction. One, two, tree and you have paid one, two, three things more than if operating with your normal online banking or doing a wire/bank transfer.
   The second interesting type of transferring funds that some very 'smart' people have invented is about doing it from a Credit card machine along with your normal cash operations. Now see, here is the thing now a thief not only can get EUR/USD100-200-500 when you CC is being stolen, now he has the chance to transfer 10 times more into his/her bank account or CC. Nice?
   Our advice to you is to use the best conventional and cheap method when making money transfers - and it is Bank/wire method. First - it is cheap, as it does not involve many employees in the institutions. Second - it is fast - as it relies on point-to-point computer netwoks, And third - it is still the most secure method - as your money have insurance on them, and the fields of data guarantee that there cannot be mismatch in the bank accounts. So... enjoy with Transfermate.