Yes, you can instantly send money to another LemFi user for free using the Peer-to-Peer (P2P) feature in the app. This allows you to transfer funds directly between wallets (e.g., USD to USD, GBP to GBP, GBP to KES, USD to NGN, etc.) using the recipient's registered phone number without any charges.
What this means
LemFi allows you to send money from your account to another LemFi user’s wallet, as long as the currency is supported and you have the correct contact saved.
What you should do
- Open the app
- Tap Send money
- Enter the amount and select the currency
- Choose your payment method
- Select LemFi friends
- Enable access to contacts
- Choose the recipient from your contacts
- Review the details and confirm
What to expect
Key Details for P2P Transfers
- Free Transfers: No transaction fees for user-to-user transfers.
- How to Send: Select "Send Money," then select " LemFi friends" or use the recipient's phone number, ensuring it is registered with LemFi.
- Instant Receipt: Funds are credited to the recipient's wallet immediately.
Ensure both you and the recipient have active and verified LemFi accounts to complete the P2P transfer.
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