AirTM lets you deposit and withdraw money using any bank or online wallet. Find out how it works today in our review.
What Is AirTM?
AirTM, found online at AirTM.io, is an online payment platform founded in 2015.
The platform is built on top of Uphold’s “cloud money” platform as well as the Bitreserve API. The main goal is to facilitate transfers from the “new money” in the cloud to the “old money” of the traditional banking system.
AirTM’s deposit and withdrawal methods include banks and e-money networks, gift cards, cash, and cryptocurrencies. Using AirTM, you can manage wealth across different payment platforms. You can store your wealth in one place, then access it in various ways. If you need to withdraw your AirTM money for real local currency, then you can rely on the company’s network of trained cashiers based around the world.
As of March 2018, AirTM has facilitated 650,000+ transactions in 120+ countries worldwide.
How Does AirTM Deposit & Withdrawal Cloud Dollar Payments Work?
AirTM can function like your ordinary checking account. You can deposit and withdraw local currency to and from your AirTM dollar account. You can also send and receive dollar payments instantly and for free to anyone in the world from anywhere in the world.
After you open your AirTM, you hit the “Deposit” button and enter the amount of local currency you wish to deposit into your account. You can choose from a range of different e-transfer methods to deposit money into your account.
Once you’ve picked your deposit method, AirTM will match you with a trustworthy cashier in your local area. That cashier earns a small commission for completing your transaction. AirTM will debit the dollars from the casher’s AirTM account as soon as the cashier accepts the transaction. You e-transfer money to the cashier, and then the dollars are released to your AirTM account.
When you need to withdraw local currency, you can hit the withdraw button, enter the amount of local currency you want to withdraw, then input the e-transfer method you wish to use. You can withdraw money to ordinary banks, cryptocurrency wallets, or even gift cards. When you need to withdraw money from your AirTM account for local cash, AirTM will match you with a verified local cashier once again.
The end result is that you can send and receive payments anywhere in the world instantly and for free. AirTM aims to be the fastest, cheapest, and most convenient way to manage dollars without relying on traditional banks.
All of this might seem unnecessary for those who live in well-served parts of the world – like countries with well-established banking infrastructure. That’s why AirTM is catered to a Latin American audience. The company’s primary customers come from Mexico, Venezuela, and Argentina, all of which have been facing significant currency devaluation in recent years.
Even if you do live in a part of the world with good banking infrastructure, you can use AirTM to manage your gift card wealth. If you have an Amazon or Starbucks gift card, for example, then you can store and transfer that money using AirTM, making it easier to spend your funds anywhere.
AirTM emphasizes all of the following features:
AirTM’s cashiers are selected for their honesty and efficiency.
AirTM won’t release USD until the other party is satisfied. Funds are held in escrow during the transaction.
Disputes are resolved quickly and carefully.
Deposit And Withdraw From Traditional Banks:
AirTM lets you deposit and withdraw money from banks and e-money networks, including PayPal, Apple Pay, Venmo, Payeer, Advcash, Payoneer, MPesa, Skrill, and other major payment networks.
Deposit And Withdraw Using Gift Cards:
AirTM lets you deposit and withdraw using gift cards for various online services, including gift cards for Amazon, Airbnb, Google Play, iTunes, Xbox Live, Steam, Netflix, Starbucks, and more.
Deposit And Withdraw Using Cryptocurrencies:
Who’s Behind AirTM?
AirTM was founded by Ruben Galindo and Antonio Garcio of Mexico City. The company was founded in 2015.
AirTM is an online payment platform that lets you easily manage your money without relying on traditional banks. You can deposit and withdraw money to and from AirTM using a network of trained local cashiers. Or, you can deposit and withdraw money using gift cards, cryptocurrencies, traditional payment platforms, your bank, PayPal, and more.
To learn more about AirTM and how it works, visit online today at AirTM.io.