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What does the Bank Transfer payment option mean?

Cashify bank transfer

The Bank Transfer payment method involves Cashify making the payment for your used device directly to your bank account. Cashify’s agent will verify your device’s condition with the information you provided and initiate the payment via an instant transfer to your bank account.

After the transaction completes successfully, Cashify texts you an OTP. This OTP is to confirm that the exchange has occurred, after which the transfer is made to your account by our representative.