Abra is the best way to send and receive money around the globe. Our peer-to-peer model cuts out a lot of the middlemen that many other payment systems have to use, so you can save money and time.
No transfer fees. Competitive exchange rates.
With Abra, there are no transfer fees so sending and receiving money between Abra wallets is free. Plus, we offer low fees to buy bitcoin and competitive foreign exchange rates.
|What would you like to do?||Fees|
|Send money or request payment||Free|
|Add/Withdraw funds via Bank||Free*|
|Add/Withdraw funds via Abra Teller||Small fee|
|Add funds via Amex Cards||4%**|
|Add funds via bitcoin||Free|
|Withdraw funds via bitcoin||Network fee***|
|Pay a merchant||Free|
*Abra never charges a fee for bank withdrawals. Some banks in the Philippines may charge a small fee for incoming transfers; there is no fee for BDO, BPI, and UnionBank.
** U.S. only.
***This fee is required to ensure your transaction is confirmed by the bitcoin mining network and fluctuates based off of volume on the network. Abra does not profit from it. The network fees will be implemented by August 21st, 2017.
Control and independence in your hands
Abra is different from any other service in the market. With Abra, senders are never charged a fee for sending money and recipients have control and independence to decide what to do with the funds they receive.
“Today, most people who want to send remittance must go through a long, costly and frustrating process, using legacy systems. (…). Abra will enable anyone with a mobile phone and an Internet connection to beam dollars, pesos and bitcoin to another person for (…) a fraction of the cost today.