Once you need money urgently, there’s not much time to think about the best way to get it. No wonder that people often make hasty and costly decisions. That’s why we prepared today’s Genome blog post to tell you all about balance transfers and money transfers so that you can send money between your credit cards and bank accounts safely and with low charges. What is a balance transfer? A balance transfer is moving funds between different credit cards. The reason is the different interest rates on each card. If you send money to a credit card with a lower

Imagine you need some funds urgently. A bank loan can take too long, and borrowing from friends or family members is not an option. What are you gonna do? There’s a solution: transfer money to your bank account from a credit card. It’s not the most popular decision, but it can save you for some time. Is there anything you need to know before making a credit card payment to your account? Yes, there are a few important things to be aware of, and Genome‘s team is gonna talk about them further. Credit card vs money transfer credit card First

PayPal is a popular tool that is widely used both as a payment method by millions of people every day. You can send money in different currencies, pay for subscriptions, and even withdraw cash from your account. However, it’s not as simple as it seems at first sight. If you want to move funds from PayPal directly to your bank account, there are a few ways to do so. We will talk about them in this article and provide all the necessary details.  Different ways to transfer money from PayPal to a bank account Even though you can use a

The article has been updated on 28.08.2024 Depending on the type of your bank account, the range of services you receive will vary. Yes, different accounts come with various pricing, offers, and, of course, functionality.  In this Genome article, we will dwell on the particularities of current accounts. We will answer the “what is a current account” question, their benefits, how they differ from savings accounts, and many more things you should consider before deciding how and where to do your banking.  What is a current account? So, what is a current account? A current account is a no-interest basic

Mobile banking is a simple and easy-to-navigate service that has become an inevitable part of our everyday life. No matter whether you’re a student or a senior, mobile banking applications take our financial experience to a whole new level. Fast, user-friendly, and convenient – all these adjectives are about banking apps on our smartphones. But how safe is mobile banking? Just like with most digital technologies, mobile banking is a powerful tool that uses sensitive information. In this case, it has to do with finances. Unfortunately, similarly to mobile financial technologies, hackers’ attacks are also evolving and developing with time. 

The time has come again! That’s right, we are doing another “month in review” blog, where we talk about the latest updates in regards to Genome. Without further ado, let’s see what new exciting things our team has in stock for you this June! Exploring the standing orders It has already become a good tradition of ours – we educate people and businesses on different aspects of financial services and explain their benefits. This month we were extensively talking about standing orders. If you didn’t know, a standing order is a type of recurring payment that is sent automatically to

Making transfers has never been easier and, what’s more, this process is getting more and more simplified each year. However, with so many options of financial services providers, it’s getting more and more confusing to decide what features you really need for your banking. Having a few mobile banking apps on your smartphone is handy, but which one is the most convenient and cheapest to send money anyways? How to transfer money from one bank to another? In this Genome article, we’re talking about all possible ways to wire funds to other bank accounts so that you can pick the

Please note that Genome’s merchant services have been temporarily unavailable since September 2024. Merchant accounts are a very common topic when it comes to discussing financial services. That’s not surprising at all! Such interest comes from multiple companies that are not sure how to get a merchant account, and whether they need it in the first place. If you are looking for answers to similar questions, Genome’s team is here to help! This time we will go through the most common queries regarding merchant accounts. Make sure to stick around till the end of the article: we will tell you

Sending money online, especially to other countries is a fast and effortless thing in the modern world. You can do it from any computer or smartphone, with dozens of service providers to choose from. However, at what price comes such an excellent service? Most of us know that feeling of anger and disappointment when you have to pay unexpected fees even though you’ve already clarified all charges with the bank/financial provider in advance. In this Genome blog post, we will talk about the pitfalls of sending money abroad online, as well as how to choose the cheapest financial provider and

Let’s talk e-wallets. Imagine the situation: you are leaving the house in a hurry – you are late for work or some other place you need to go. You are rushing through streets, get into the car or public transportation, etc. And in the middle of all that you realize that you left your wallet at home.  Well, around 20 years ago that would be a disaster – your mood and potentially day are ruined. But today it is not a colossal issue – you can just use your phone to make payments throughout the day. This is thanks to