Coin fling is a money transfer solution offered by Coin fling Inc Washington Corporation, a money transfer company duly registered and regulated under the laws of the Unites States of America (USA). Coin fling facilitates the transfer of funds from the USA to Kenya. Coin fling money transfer facilitates remittance of funds from the USA through debiting a credit or debit card, and via mobile phone technologies, transmit the same to a beneficiary in Kenya. The Coin fling service is hence a receive only service
The summary transaction process is as follows:
In the United States:
1. It is much cheaper than other money transfer services e.g Western Union and the Remmitter is the one who meets the charges and not the Receiver.
2. It is faster- transfer is real-time.
3. Funds can be received by the bank then sent to the receiver via Mpesa upon request - meaning the receiver does not need to come to the branch to collect.
NB: This is a Due-from service only meaning funds can only be transferred from USA to Kenya and not from Kenya to USA