Canada based Sashfer announced the launch of its app that helps peer to peer multi-platform and bank independent money transfers.
The micro payment processor app that makes it easy to collect money from friends family and others for drinks, lunch, rent and more or pool money for parties, events, gifts etc. Sashfer also allows users to remind people who owe them money to pay up.
After creating an account users need to select request to collect from a friend who owes money. User can send a memo through Facebook, Twitter or eMail and the friend will receive a notification and link to pay. Once the user recieves payment te Sasfer balance will increase.
Receiving money on Sashfer is free and there are no charges wile transfering money is free if made through bank transfer but there is a 3% credit processing fee if credit card is used. The sender needs to pay $1 flat fee per transfer for transfers upto $999.
Sashfer says it uses bank grade security systems and data encryption ot protect users against fraud and even guarantees all user funds against unauthorized transactions. All user financial information is encrypted, stored and protected with 128/256 bit SSL. Sashfer currently works with most of the Canadian banks.