What is Swapsy? Swapsy Review, Features

Swapsy is committed to creating a new platform to provide the most convenient currency exchange services to overseas Chinese around the world. The team has rich experience in the financial and Internet industries, with different backgrounds but the same vision, and strives to break the pattern of the traditional financial industry.

About Swapsy

Swapsy is a financial technology company registered in Delaware and headquartered in Southern California. The concept is to create a new currency exchange platform, using advanced technologies such as e-wallets to allow users to exchange currency at the cheapest price and in the fastest way at any time and anywhere through direct peer-to-peer exchange.

On Swapsy, users use their own e-wallets to conduct peer-to-peer currency swaps, including Zelle, Paypal or WeChat Pay. Swapsy does not hold any customer funds, but exchanges e-wallet information between users so that they can exchange currencies.

Swapsy was founded in June 2017 and was first born in the incubator of the University of California, San Diego. It is currently a member of EvoNexus and MuckerLab, two top incubators in Southern California and the United States, and has received multiple rounds of financing.

Products and Services

• match

Select an existing exchange order in the list to match it immediately; or initiate a custom order and exchange as much as you want.

• Payment

Pay with your own e-wallet by scanning the QR code or typing in your email address or other information.

• Receiving Payments

Once the other party confirms receipt of the payment, you will receive the payment in the designated e-wallet within one working day.

Frequently asked questions

Q : How to verify identity?

A : Please upload a photo or copy of your valid ID (passport, driver's license, etc.) on the "Account" page. In addition, please take a selfie holding the ID and upload it. We will notify you by email after your identity verification is passed.

All your personal information will be encrypted and protected on our platform. We will never sell your personal information in any way.

Q : What is the exchange rate?

A : Our platform provides the real-time middle exchange rate of Google, which is the best and fairest exchange rate among various channels. Our original decentralized trading model enables us to control costs and provide you with inexpensive and high-quality services.

Q : Will my trading partner know my personal information?

A : No. The personal information you submit is only used for identity verification. During the transaction, your trading partner will only get your e-wallet information to pay you.