What is FastTransfer and why should I choose it over a manual deposit?
FastTransfer is a payment method powered by Lean. Lean is a secure and reliable infrastructure tool in the UAE that enables the apps on your phone to transfer money without any hassle.
Lean, our technology partner for FastTransfer in the StashAway app, can be a great alternative to a manual deposit. Here’s why:
1. Quick set-up. You can link your bank account without leaving the StashAway app, and the set up process won’t take you more than 2 minutes.
2. Secure. Lean technology ensures your data is 100% private and will not be shared with any third parties. It’s protected by bank-grade security and is nationally regulated by FSRA.
3. Saves you time. You set it up once and all you need to do after is select the amount you wish to transfer, and the transfer will be completed in under 180 seconds (or up to 1 business day for transfers above 25,000 AED). This means you can deposit directly from your bank account without the hassle of opening the app, or webpage, logging into your bank, adding reference code, etc.