Finance

How to Deactivate, Close, or Delete Your Eversend Account

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How to Deactivate, Close, or Delete Your Eversend Account

Eversend is a fintech company that offers a multi-currency e-wallet, currency exchange, and peer-to-peer money transfer services. 

The platform aims to provide users with a seamless and cost-effective way to manage their finances, particularly in cross-border transactions. 

Eversend’s services are accessible through its mobile application, which is available on both Android and iOS devices.

In case you want or someone close to you wants to get his or her account deactivated, closed or deleted, the guidelines needed to be followed are here. 

In this article, I have provided the essential guidelines on how to deactivate, close or delete your eversend account easily and without hassle. All you need to do is to follow the steps and guidelines.

Before exploring the process of closing, deleting or deactivating your account, below are some of the essential benefits of using eversend:

Essential Benefits of Using Eversend

Multi-Currency E-Wallet: Eversend provides users with a multi-currency e-wallet, allowing them to hold and manage funds in various currencies.

This feature is particularly beneficial for individuals or businesses engaged in international transactions, as it eliminates the need for multiple bank accounts in different currencies.

Currency Exchange: Eversend facilitates currency exchange at competitive rates, enabling users to convert between different currencies conveniently.

This can be advantageous for travelers, expatriates, freelancers, and businesses involved in global trade.

Peer-to-Peer Money Transfer: The platform allows users to send money to friends, family, or business associates across borders without the high fees typically associated with traditional remittance services. 

This feature can be especially valuable for individuals supporting loved ones in different countries or businesses making international payments.

Cost-Effective Transactions: Eversend aims to offer cost-effective financial services by minimizing fees associated with currency exchange and money transfers.

This can result in savings for users compared to traditional banking or remittance options.

Convenience and Accessibility: With its mobile application, Eversend provides users with a convenient and accessible way to manage their finances on the go. 

The easy to use interface and features such as instant notifications contribute to a seamless user experience.

How to Deactivate, Close, or Delete Your Eversend Account
How to Deactivate, Close, or Delete Your Eversend Account

How Eversend Works

Registration and Account Setup: To use Eversend, users need to create an account by providing their personal information, such as their name, email address, and phone number. 

Read: How To Deactivate, Close Or Delete Your Nicenaira Account Easily

Once the account is set up, users can link their bank accounts or debit/credit cards to their Eversend wallet. 

This allows users to send and receive money directly from their Eversend account.

Sending and Receiving Money: Eversend users can send money to other Eversend users or to bank accounts in different currencies. 

When sending money to other Eversend users, transactions are usually instant and free of charge. When sending to bank accounts, users can choose between Eversend’s “Easy Send” or “Fast Send” options. 

Easy Send is a slower, free option, while Fast Send is a faster, paid option.

Exchange Rates and Fees: Eversend uses real-time exchange rates to convert currencies. Users can view the exchange rates before making transactions. 

Eversend charges a small fee for transactions, depending on the currency and the transaction type.

The platform also offers a “Lock-in Rate” feature, allowing users to lock in an exchange rate for up to 48 hours to avoid potential fluctuations in currency values.

Read: How To Deactivate, Close Or Delete Your Trust Wallet Account Easily

How to Deactivate, Close, or Delete Your Eversend Account

To terminate your account, please follow the steps below:

  • Withdraw all funds from each of your currency wallets.

Delete any added cards by following these steps:

  • Select the card you want to delete.
  • Long press the selected card.
  • Tap ‘delete card’.
  • Notify Eversend: Once you have completed the above steps, send an email to support@eversend.co to inform them that you have finished the process. This will allow them to complete the account termination.
  • Consideration Before Closing: Eversend advises against closing your account as setting up a new account with the same mobile number can be time-consuming. Additionally, it’s important to note that Eversend doesn’t charge you to keep an inactive account open.
  • Feedback Request: If you are willing, Eversend would appreciate knowing the reason for your decision to leave. Your feedback is highly valuable in helping them improve their product and service.

FAQs On How To Deactivate, Close Or Delete Your Eversend Account Easily

Here are some helpful frequently asked questions on how to deactivate, close or delete your eversend account easily today:

Can I use Eversend in Nigeria?

Yes, Eversend is available for use in Nigeria.

It is a digital banking platform designed to provide Nigerians with easy access to financial services, including sending and receiving money, paying bills, and managing their finances.

What is an Eversend account?

An Eversend account is a digital banking account that allows users to manage their finances, send and receive money, and access various financial services. 

It is designed to be easy to use, secure, and convenient, making it an ideal choice for those looking for a simple way to manage their finances in Nigeria.

Which country uses Eversend?

Eversend is primarily used in Nigeria, but it is also available in other countries, including the United States, United Kingdom, and other countries where users may have a Nigerian phone number or other requirements to sign up for an account.

Is Eversend a bank?

Eversend is not a traditional bank, but it provides banking services similar to those offered by banks. 

It is a digital banking platform that allows users to manage their finances, send and receive money, and access various financial services. 

Eversend is backed by a financial institution, which ensures the safety and security of users’ funds.

How much is $1 dollar in Eversend?

The exchange rate for converting $1 to Naira on Eversend may vary, but as of the time of writing, it is approximately N1,229.

Please note that exchange rates may change, so it is always a good idea to check the current rate before making transactions.

How much does it cost to create a card on Eversend?

Creating a card on Eversend is free, but there may be additional fees associated with using the card, such as ATM withdrawal fees, foreign transaction fees, or other fees depending on the specific card type and usage.

Is Eversend a cash app?

Eversend is not a cash app, but it provides similar services to cash apps, such as sending and receiving money, paying bills, and managing finances.

Eversend is a digital banking platform that offers additional features, such as access to loans and insurance, making it more than just a cash app.

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