Shyft: A Free Forex, Investments, and Payments App
Shyft is a free business and productivity app developed by Standard Bank, a South African financial institution. It is designed to help individuals and businesses send and receive foreign currency payments, offering a more convenient and accessible alternative to traditional foreign exchange services.
Shyft offers a variety of features, including real-time currency conversion rates, secure messaging for communication with forex consultants, and the ability to link multiple bank accounts and credit cards for easy payments. It also provides access to live market updates and news to help users make informed decisions about their foreign exchange transactions.
The app allows users to manage their foreign exchange needs by providing accurate exchange rates for various currencies. Users can communicate securely with forex consultants within the app to get advice on their transactions. Multiple accounts can be utilized for easy payments, and the app offers various payment options for transactions to beneficiaries in different countries and currencies, including local bank transfers and SWIFT transfers. Users can track their payment history and view transaction details. The app also includes a currency converter tool and allows users to invest in the top U.S. stocks.
Users have praised the Shyft app for its ease of use, convenience, and real-time exchange rates. The secure messaging feature and live market updates have also been well-received. However, it is important to note that the app is only available in certain African countries where Standard Bank operates, and it has limits on the amount of currency that can be transferred or exchanged at a time.
