MegaPay review

The monthly fee is KGS 0 and the transfer fee is free, so there is no subscription to cancel and no per transfer charge on the service. Delivery is Instant, 24/7, which keeps the cost of a transfer in the exchange rate rather than in a fixed fee.

The service is operated by Kyrgyzmobilecompany LLC, a company registered in Kyrgyzstan. It is listed as digital only and no credit check, so the account is set up and used in the app rather than in a branch, and the balance is managed on a phone.

MegaPay is licensed by the National Bank of the Kyrgyz Republic as a payment system operator under 2027080120 and as a payment organization under 3028080120. Neither permission is a banking licence, so a bank deposit protection scheme does not cover the balance.

Payouts are made to card, so the recipient needs a card rather than a bank account or a cash collection point. Delivery is Instant, 24/7, which allows a card payout at any hour.

Help runs on email, phone and help centre, so email, phone, a help centre and a community are all available. Across the money transfer services compared, 74.6% run a help centre and 81.4% offer phone support.

The stated audience is expats and travelers. Across the listings here, expats account for 25.1% and travelers for 27.3%, while business accounts take 56.5%, the largest group, which places MegaPay on the consumer side.

The service is listed as digital only and no credit check, so it is digital only and carries no credit check. The account model is no monthly fee, meaning the balance is held without a monthly charge, and the monthly fee itself is KGS 0.

The MegaPay transfer fee is free, while PayPal Colombia charges a percentage on international transfers with a minimum and a maximum on top. Skrill also charges by funding method, and Paysera keeps euro transfers inside SEPA free.