Based on checking the website, Trylindo.com positions itself as a service for sending money to Cuba, emphasizing competitive rates, ease of use, speed, and legal compliance.
While the service focuses on facilitating remittances, a critical review reveals several areas where it falls short compared to established and trustworthy financial platforms, especially when considering the ethical frameworks often sought by discerning users.
The lack of detailed information on crucial operational aspects and the limited scope of its service raise concerns.
Here’s an overall review summary:
- Service Focus: Money remittance to Cuba.
- Key Claims: Best rates, money-back guarantee for rate difference, easy app usage, fast delivery, legal compliance with US sanctions.
- Availability: Beta access for iOS and Android apps.
- Legal Standing: Claims to be licensed with the state of Florida as a Part II Money Services Business and registered with FinCEN as a money transmitter.
- Customer Testimonials: Features one prominent positive review directly on the homepage, linking to Trustpilot.
- Transparency: Lacks comprehensive details on fee structures beyond the “best rates” claim, clear daily/transaction limits, or a detailed process flow.
- Ethical Considerations: Focuses solely on remittances, which itself is permissible, but the lack of broad financial transparency is a concern.
- Overall Recommendation: Caution Advised. While the service aims to fill a specific niche, the limited information provided on the website regarding operational specifics, potential hidden fees, and the overall lack of a robust, well-established financial footprint means it does not meet the standards of highly recommended financial platforms. For sensitive financial transactions, greater transparency and a broader array of verifiable trust signals are paramount.
For those seeking reliable and transparent financial services, particularly for international transactions or general money management, robust and well-regulated platforms are always the superior choice.
These alternatives provide clear fee structures, comprehensive security measures, and a wide range of services that extend beyond a single remittance corridor, offering greater peace of mind and flexibility.
Best Alternatives for Ethical Financial Transactions and Management:
- Wise formerly TransferWise
- Key Features: International money transfers, multi-currency accounts, debit cards, competitive exchange rates, transparent fees, supports over 50 currencies.
- Price: Varies by transfer amount and currency, generally very competitive.
- Pros: Highly transparent fee structure, excellent exchange rates, fast transfers, very user-friendly interface, widely trusted.
- Cons: Not ideal for very large corporate transactions, cash pickup options are limited in some regions.
- Remitly
- Key Features: International money transfers to over 100 countries, various delivery options bank deposit, cash pickup, mobile money, home delivery, promotional rates for first-time users.
- Price: Varies by corridor and speed, generally competitive.
- Pros: Wide reach, multiple delivery options, often good rates for specific corridors, mobile-friendly.
- Cons: Exchange rates can fluctuate, not always the absolute cheapest for every corridor, fees can vary.
- Xoom A PayPal Service
- Key Features: Send money, pay bills, reload phones, widely supported by PayPal’s global network, various payout options including cash pick-up and bank deposit.
- Price: Varies by destination and amount.
- Pros: Backed by PayPal’s security and infrastructure, convenient for existing PayPal users, broad global reach for remittances.
- Cons: Exchange rates might not always be the best, fees can sometimes be higher than competitors for certain transfers.
- OFX
- Key Features: Ideal for larger transfers, competitive exchange rates, no transfer fees for most transfers, dedicated account managers, currency hedging tools.
- Price: No direct transfer fees. profits from exchange rate margin.
- Pros: Great for larger sums, excellent customer service, very competitive rates for significant amounts, strong regulatory compliance.
- Cons: Minimum transfer amount can be higher, less ideal for very small, frequent transfers.
- Zelle
- Key Features: Fast person-to-person money transfers within the U.S. directly between bank accounts, widely integrated with major US banks.
- Price: Free for most users through their banking app.
- Pros: Instant transfers, no fees, highly convenient for domestic transfers, secure within participating banks.
- Cons: Only for domestic transfers US to US, not for international remittances, no purchase protection like credit cards.
- Stripe
- Key Features: Comprehensive payment processing for businesses, allows accepting online payments, subscriptions, and in-person payments, robust API for developers.
- Price: Per-transaction fees e.g., 2.9% + 30¢ for online card payments.
- Pros: Extremely flexible and powerful for businesses, supports global payments, strong security and fraud prevention.
- Cons: Primarily for businesses, not direct consumer-to-consumer transfers, can be complex for very small operations without technical expertise.
- Square
- Key Features: Point-of-sale systems, payment processing for small businesses, online stores, invoicing, payroll, business banking.
- Price: Varies by service e.g., 2.6% + 10¢ per tap, dip, or swipe.
- Pros: User-friendly for small businesses, diverse range of business tools, relatively easy setup for payment acceptance.
- Cons: Primarily for businesses, transaction fees can add up for high volume, less feature-rich for advanced financial management.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Trylindo.com Review & First Look
When you first land on Trylindo.com, the immediate impression is that of a specialized service focused on one core function: sending money to Cuba.
The site aims to convey simplicity, speed, and cost-effectiveness right from the get-go.
However, a deeper dive reveals that while it presents itself as a straightforward solution, many elements that build trust and transparency in the financial sector are either understated or entirely absent.
Initial Impressions and Claims
The website prominently features claims like “Best rates.
Or your money back guaranteed!” and “Send money to Cuba: Best rates.” This bold promise of superior exchange rates immediately catches the eye.
The mention of “NewLindo is now available in beta to the public: iOS Android” suggests a modern, app-centric approach to their service delivery.
The single customer testimonial from a “Jun 24, 2022” date further supports the idea of outstanding customer service and quick fund arrival, claiming “less than 24 hours” and a “rate of 100 CUP to 1 USD.” While testimonials are good, a single, dated one doesn’t build robust long-term trust.
Missing Elements and Lack of Transparency
A critical review, especially for a financial service, hinges on transparency.
Trylindo.com, despite its claims, falls short in several areas:
- Detailed Fee Structure: Beyond the “best rates” guarantee, there’s no clear, comprehensive breakdown of fees. How much does it cost to send varying amounts? Are there hidden charges for different payment methods or payout options? Reputable money transfer services like Wise or Remitly provide transparent fee calculators upfront, allowing users to see the exact amount their recipient will receive and the fees involved before committing.
- Exchange Rate Dynamics: While they guarantee the “best rates,” the mechanics of how these rates are determined, how frequently they update, and whether they include a margin are not explicitly detailed. Users need to understand how the “money back guaranteed” mechanism actually works in practice, beyond just a claim.
- Operational Specifics: The site mentions “We disperse funds from within our proprietary network.” This is vague. What does this network entail? What are the specific payout methods available in Cuba? Is it bank transfer, cash pick-up, or something else? Clarity here is crucial.
- Lack of Comprehensive FAQs: While there is an FAQ section, it’s very basic, addressing only three questions related to legality and app availability. A truly comprehensive financial service would cover questions about transaction limits, currency restrictions, dispute resolution, security protocols, and more. For instance, Xoom’s FAQ section is exhaustive, covering everything from “How do I send money?” to “What if I need to cancel or modify a transaction?”
- Limited Trust Signals: Beyond the single testimonial and the claims of being licensed, there’s a scarcity of broader trust signals. No clear statistics on total transfers, number of active users, or partnerships with established financial institutions. Reputable services often showcase their regulatory compliance in multiple jurisdictions and security certifications.
In summary, Trylindo.com’s first look provides a high-level overview but lacks the granular detail and comprehensive transparency expected from a modern, trusted financial platform. Helpforclasses.com Review
Trylindo.com Cons
While Trylindo.com attempts to present a compelling service for remittances to Cuba, several significant drawbacks come to light upon closer inspection.
These ‘cons’ are particularly important for users who prioritize security, transparency, and a comprehensive understanding of their financial transactions.
The limitations inherent in a narrowly focused, less transparent platform can lead to uncertainty and potential issues down the line.
Limited Service Scope
The most glaring limitation of Trylindo.com is its highly specialized focus solely on remittances to Cuba. While this might seem like a benefit for those with specific needs, it severely restricts its utility for anyone requiring broader financial services.
- Single Corridor Dependency: Unlike major international money transfer services like Wise or Remitly, which facilitate transfers to dozens or even hundreds of countries, Trylindo.com is a one-trick pony. If your needs extend beyond Cuba, you’ll need an entirely separate service, leading to fragmentation and inconvenience in managing your finances.
- Lack of Diversified Financial Products: Modern financial platforms offer a suite of services, including multi-currency accounts, debit cards, bill payments, and even business solutions. Trylindo.com offers none of this, making it a purely transactional service without any value-added features. This narrow focus can be a significant drawback for users accustomed to integrated financial solutions.
Insufficient Transparency and Information
Transparency is the bedrock of trust in financial services.
Trylindo.com, despite its stated commitment to legality, falls short in providing the depth of information expected from a legitimate money transmitter.
- Vague Fee Structure: The promise of “best rates” and a “money back guarantee” is appealing but lacks concrete details. There’s no clear breakdown of transaction fees, exchange rate margins, or any potential hidden costs that might arise from different payment methods or payout options. For example, if I send $500, what is the exact fee, and what exchange rate am I locked into? Reputable services show this upfront. This lack of clarity can lead to unexpected charges or a less favorable effective exchange rate than advertised.
- Limited Regulatory Details: While the site mentions being “licensed with the state of Florida as a Part II Money Services Business and registered with FinCEN,” detailed licensing numbers or links to regulatory verification databases are absent. For highly regulated industries like money transmission, providing easily verifiable credentials enhances credibility. Users often look for robust information, like what you’d find on FinCEN’s website regarding registered MSBs or state-specific financial regulator directories.
- Absence of Comprehensive Security Information: Beyond the general claim of being “sanctions-compliant,” there’s no specific information on data encryption, fraud prevention protocols, or how user funds are protected. Are funds held in segregated accounts? Is there FDIC insurance equivalent for customer balances? These are crucial questions for any financial service handling sensitive user data and money. Established players like PayPal or Wise extensively detail their security measures and regulatory compliance.
- Limited User Reviews and Reputation Data: While there’s a single, dated Trustpilot review prominently displayed, a broader search for independent, widespread user reviews and a long-term reputation for Trylindo.com yields very little. New services naturally have less history, but for a financial platform, a sparse digital footprint outside its own website can be a red flag. Users typically look for hundreds, if not thousands, of recent reviews across multiple platforms Trustpilot, app store reviews, Reddit discussions to gauge reliability.
Beta Status and Potential Instability
The fact that NewLindo is “available in beta to the public” suggests that the service is still under development and refinement.
- Potential for Bugs and Glitches: Beta software, by definition, is still being tested. Users might encounter bugs, unexpected errors, or system outages that could disrupt money transfers. This is particularly concerning when dealing with time-sensitive financial transactions.
- Limited Support Infrastructure: A beta product often means that the customer support infrastructure is also in its nascent stages, potentially leading to longer response times or less effective problem resolution compared to mature services.
In essence, while Trylindo.com may fulfill a specific need, its lack of transparent operational details, limited service scope, and beta status make it a less appealing choice for users seeking the robust, trustworthy, and comprehensive financial services offered by established alternatives.
The absence of critical information and broad trust signals places a significant burden of uncertainty on the user.
Trylindo.com Alternatives
Given the specific and somewhat limited nature of Trylindo.com’s offerings, along with the noted areas of concern regarding transparency and comprehensive information, exploring robust alternatives is crucial. Getassignmenthelponline.com Review
The market for money transfers, while saturated, also features highly reputable and ethically sound options that offer greater security, broader reach, and more detailed information for users.
These alternatives are designed to provide peace of mind through transparency and a wide range of services.
Why Seek Alternatives?
The primary reasons to consider alternatives to Trylindo.com revolve around:
- Enhanced Security: Reputable services invest heavily in advanced encryption, fraud prevention, and regulatory compliance, offering a higher degree of protection for your funds and personal data.
- Greater Transparency: Leading platforms provide clear, upfront information on fees, exchange rates, and transaction limits, eliminating surprises.
- Wider Reach & Flexibility: Most alternatives offer international transfers to numerous countries, not just a single corridor, along with diverse payout options.
- Established Reputation: Years of operation and millions of satisfied customers build trust and provide a wealth of independent reviews.
- Comprehensive Features: Beyond just transfers, many alternatives offer multi-currency accounts, business solutions, and more integrated financial tools.
Top Alternatives for Ethical Money Transfers and Financial Management
When looking for alternatives, focus on services that are known for their reliability, transparent operations, and broad utility, especially those that cater to international transfers without engaging in practices like Riba interest-based financing or other non-permissible activities.
-
- Overview: Wise is a global financial technology company that enables international money transfers and multi-currency accounts. It’s renowned for its highly transparent fee structure and use of the mid-market exchange rate, minimizing costs for users.
- Key Features:
- Transparent Fees: Shows all fees upfront, with no hidden margins on exchange rates.
- Mid-Market Exchange Rate: Users get the real exchange rate, the same one banks use to trade among themselves.
- Fast Transfers: Many transfers complete within minutes or hours.
- Multi-Currency Account: Hold and manage money in over 50 currencies, with local bank details for several.
- Debit Card: Spend internationally at the real exchange rate.
- Ideal For: Individuals and businesses sending money internationally, managing multiple currencies, or seeking fair exchange rates.
-
- Overview: Remitly specializes in digital international money transfers, offering various delivery methods from bank deposits to cash pickups across a vast network of countries.
- Extensive Network: Send money to over 100 countries worldwide.
- Multiple Delivery Options: Bank deposit, cash pickup, mobile money, and even home delivery in some regions.
- Speed Options: Offers both economy and express transfer speeds, with varying fee structures.
- Mobile-First Design: Easy-to-use mobile app for sending and tracking transfers.
- Ideal For: Users prioritizing speed and diverse payout options, particularly to regions where cash pickup is prevalent.
- Overview: Remitly specializes in digital international money transfers, offering various delivery methods from bank deposits to cash pickups across a vast network of countries.
-
- Overview: Backed by PayPal’s robust infrastructure, Xoom provides secure and convenient international money transfer services, including sending money, paying bills, and reloading phones.
- PayPal Integration: Seamless transfers for existing PayPal users.
- Global Reach: Send money to over 160 countries.
- Various Services: Money transfers, bill payments, mobile reloads, and cash pickup options.
- Safety & Security: Leverages PayPal’s security protocols for secure transactions.
- Ideal For: PayPal users, or anyone looking for a well-established service with a wide global presence and diverse sending options.
- Overview: Backed by PayPal’s robust infrastructure, Xoom provides secure and convenient international money transfer services, including sending money, paying bills, and reloading phones.
-
- Overview: OFX is a currency exchange specialist particularly suited for larger international money transfers, offering competitive exchange rates and personalized service without direct transfer fees.
- Competitive Rates for Large Transfers: Often provides better rates for significant amounts compared to traditional banks.
- No Transfer Fees: For most transfers, OFX makes profit on the exchange rate margin.
- Dedicated Account Managers: Personalized support for complex transactions.
- Currency Hedging Tools: Options for locking in exchange rates for future transfers.
- Ideal For: Individuals and businesses making large, infrequent international transfers, or those seeking personalized advisory on currency exchange.
- Overview: OFX is a currency exchange specialist particularly suited for larger international money transfers, offering competitive exchange rates and personalized service without direct transfer fees.
-
- Overview: Zelle is a peer-to-peer payment network that allows fast and free money transfers directly between bank accounts within the United States. It’s widely integrated into mobile banking apps of major US financial institutions.
- Instant Transfers: Money moves directly from one bank account to another, typically within minutes.
- No Fees: Most banks offer Zelle services for free.
- Bank Integration: Accessible directly through your existing banking app.
- Secure: Transfers are secured by your bank’s existing security measures.
- Ideal For: Fast, free, and secure domestic US to US money transfers to friends, family, or small businesses.
- Overview: Zelle is a peer-to-peer payment network that allows fast and free money transfers directly between bank accounts within the United States. It’s widely integrated into mobile banking apps of major US financial institutions.
-
- Overview: While primarily a payment processing platform for businesses, Stripe is an essential tool for anyone looking to conduct ethical e-commerce or accept payments online. It’s highly customizable and built for developers.
- Comprehensive Payment Gateway: Accept payments from credit cards, debit cards, and various digital wallets.
- Global Reach: Process payments from customers worldwide in over 135 currencies.
- Robust API: Highly flexible for custom integrations and complex business models.
- Fraud Prevention: Advanced machine learning tools to detect and prevent fraudulent transactions.
- Ideal For: Businesses of all sizes looking for a powerful, developer-friendly platform to accept online payments, manage subscriptions, or run e-commerce operations. Not for individual money transfers.
- Overview: While primarily a payment processing platform for businesses, Stripe is an essential tool for anyone looking to conduct ethical e-commerce or accept payments online. It’s highly customizable and built for developers.
-
- Overview: Square offers a suite of business tools centered around payment processing, including point-of-sale POS systems, online stores, invoicing, and business banking services. It simplifies accepting payments for small and medium-sized enterprises.
- Integrated POS Systems: Hardware and software for accepting in-person payments.
- Online Store Builder: Create and manage e-commerce websites easily.
- Invoicing & Payroll: Tools to manage billing and employee payments.
- Business Banking: Business debit cards and banking services for simplified cash flow.
- Ideal For: Small businesses, freelancers, and sole proprietors needing an easy-to-use, comprehensive solution for managing sales, inventory, and payment processing, both online and in-person. Not for individual money transfers.
- Overview: Square offers a suite of business tools centered around payment processing, including point-of-sale POS systems, online stores, invoicing, and business banking services. It simplifies accepting payments for small and medium-sized enterprises.
Choosing an alternative depends on your specific needs, but prioritizing transparency, security, and a proven track record is paramount when dealing with financial transactions.
The platforms listed above offer diverse solutions that generally align with ethical financial practices and provide the detailed information and security measures that Trylindo.com currently lacks.
How to Cancel Trylindo.com Subscription
Given that Trylindo.com primarily offers a service for sending money rather than a traditional subscription model for recurring content or access, the concept of “canceling a subscription” might not directly apply in the conventional sense.
However, for any service that involves user accounts and potentially stored financial information, understanding how to cease usage and manage your data is critical.
Since Trylindo.com operates on a beta basis and implies ongoing usage rather than a fixed subscription, discontinuing your use would likely involve a few key steps related to your account and app usage.
Managing Your Trylindo.com Account
While the website does not explicitly outline a “cancel subscription” process, the typical method for disengaging from a service like this involves:
- Ceasing Use of the Service: The most direct way to stop using Trylindo.com is simply to stop initiating new transfers through their app or website. Since there’s no mention of recurring fees or membership charges on the homepage, stopping transactions would effectively end your engagement.
- Removing the App: If you have downloaded the NewLindo beta app on your iOS or Android device, you should delete the app from your device. This prevents accidental usage and removes the software from your phone or tablet.
- Data Deletion Request: For any online service where you have provided personal or financial data, it’s prudent to consider requesting data deletion. While Trylindo.com doesn’t have a dedicated “delete account” button or clear policy on its homepage, you can likely initiate this by contacting their customer support directly.
- Email: Send an email to
[email protected]
with a clear request to close your account and delete your personal data. - Contact Form: Use the
contact
form provided on their website to submit a formal request. - Be Specific: In your request, clearly state that you wish to close your account, cease all service usage, and request the deletion of all personal and financial data associated with your account, citing any relevant data protection regulations e.g., California Consumer Privacy Act – CCPA if applicable to your state, or general data privacy best practices. Keep a record of this communication.
- Email: Send an email to
Important Considerations After Discontinuing Use
- Review Transaction History: Before fully disengaging, ensure all your pending transactions are completed and reconcile your records. Make sure no funds are outstanding or stuck in transit.
- Check for Stored Information: While you request data deletion, be aware that financial institutions are often required to retain certain transaction records for a period due to regulatory compliance e.g., anti-money laundering laws. However, you should still request the deletion of non-essential personal identifiers.
- Unsubscribe from Marketing: The website has a “Please subscribe to be notified of updates” section. Ensure you unsubscribe from any marketing emails or notifications you may have opted into.
- Security Best Practices: After discontinuing use of any financial service, consider changing passwords for related accounts, especially if you reused passwords. This is a general cybersecurity best practice.
Since Trylindo.com is in beta and lacks a robust public-facing policy page regarding account management and data retention, direct communication with their support team [email protected]
is the most reliable way to manage your account and ensure your data is handled according to your wishes.
Always prioritize services that offer clear, self-service options for account closure and data management.
Trylindo.com Pricing
Understanding the true cost of using a money transfer service is paramount. Credihealth.com Review
While Trylindo.com prominently advertises “Best rates.
Or your money back guaranteed!” and “Cheap Always the best rates,” a detailed breakdown of their pricing model is conspicuously absent from their homepage.
This lack of transparency is a significant concern for potential users, as it makes it difficult to compare their service accurately with competitors or to predict the exact cost of a transaction.
What is Known and Unknown About Trylindo.com’s Pricing
Based on the information available on their homepage, here’s what we can infer and what remains unclear about Trylindo.com’s pricing:
- Claim of “Best Rates”: The primary marketing message revolves around offering the best exchange rates, coupled with a guarantee: “if you find a better rate somewhere else, document it, send it to us, and we will pay you the difference!” This is a bold claim, but without a real-time rate calculator or a clear listing of their current rates, it’s hard to verify in practice.
- No Explicit Fees Listed: The website does not provide a fee schedule or a calculator that shows the exact cost of sending money based on the amount, payment method, or receiving method. This is a critical omission for a financial service. Most reputable money transfer platforms, such as Wise, Remitly, or Xoom, immediately present a detailed breakdown of fees and exchange rates as soon as you input the sending and receiving amounts.
- Implied Exchange Rate Focus: The emphasis on “100 CUP to 1 USD” in the testimonial suggests that their primary competitive edge is the exchange rate itself, implying that transfer fees might be minimal or absorbed into the exchange rate. However, without a transparent disclosure, this remains an assumption. In the remittance business, services either charge a fixed fee, a percentage of the transfer, or embed their profit within the exchange rate margin. Without a clear statement, users are left guessing.
- MLC Offering Mention: The site mentions “Now offering MLC by popular demand, 115 USD/100 MLC!” This indicates a specific rate for Moneda Libremente Convertible MLC, a Cuban digital currency. While providing a specific rate for a popular local currency is helpful, it doesn’t clarify if this includes any fees or if it’s the exact rate the sender pays.
Why Transparent Pricing Matters
For consumers and businesses, clear and upfront pricing is essential for:
- Budgeting: Knowing the exact cost allows senders to budget accurately for their transfers.
- Comparison Shopping: Without transparent fees, it’s impossible to compare Trylindo.com’s true cost against competitors like Wise, which are known for their explicit fee structures. Users need to be able to calculate the total amount the recipient receives after all deductions.
- Avoiding Hidden Costs: Lack of transparency can lead to unexpected charges, eroding trust and potentially making the service more expensive than initially perceived.
- Regulatory Compliance: Reputable financial services are often required by law to provide clear disclosures on all fees and charges.
What Trylindo.com Should Provide
To improve transparency and build user trust, Trylindo.com would ideally include:
- A Real-Time Rate Calculator: Allowing users to input the amount they want to send and the destination, then instantly showing the exact fee, exchange rate, and the amount the recipient will receive.
- A Detailed Fee Schedule: Clearly outlining any fixed fees, percentage-based fees, or differences in cost based on payment methods e.g., bank transfer vs. credit card or payout methods e.g., bank deposit vs. cash pick-up.
- Explanation of the “Money Back Guarantee” Mechanism: How does a user document a better rate? What is the process for claiming the difference? How long does it take?
Without this critical pricing information, Trylindo.com’s service, despite its claims, operates with a significant veil of ambiguity.
This positions it unfavorably against alternatives that prioritize complete financial clarity.
Users should exercise caution and seek clarification on all costs before committing to a transfer.
Trylindo.com vs. Competitors
While it aims to be the best for this specific corridor, it struggles to compete with the comprehensive features, transparency, and established trust of global remittance giants. Leonsbrickconcrete.com Review
Trylindo.com’s Niche Advantage
- Cuba-Specific Focus: Trylindo.com’s primary differentiator is its specialization in remittances to Cuba. It claims to have the “Best rates” and “quickest delivery for remittance to Cuba” due to its “proprietary network” and strict compliance with US sanctions Cuban Assets Control Regulations, Sections 515.570 and 515.582. For individuals whose sole need is to send money to Cuba, this specialized focus might appear attractive, especially if it genuinely offers superior rates and speed compared to general international transfer services navigating the complexities of Cuban financial regulations. The testimonial highlighting faster delivery than “revolusend and duales” suggests it aims to outperform direct competitors in this niche.
Key Areas Where Trylindo.com Lags Behind Broader Competitors
When compared to established, global money transfer services, Trylindo.com falls short in several critical areas:
-
Transparency in Pricing and Fees:
- Trylindo.com: Claims “best rates” and a “money back guaranteed” without providing an upfront, real-time fee calculator or a detailed fee schedule. Users cannot easily determine the exact cost or the precise exchange rate margin.
- Competitors e.g., Wise, Remitly, Xoom: These services offer highly transparent pricing. Wise, for example, is famous for using the mid-market rate and clearly displaying all fees upfront, allowing users to see exactly what they pay and what the recipient gets. Remitly and Xoom also provide immediate cost breakdowns based on amount, currency, and delivery method. This transparency is a cornerstone of trust in financial transactions.
-
Breadth of Service and Global Reach:
- Trylindo.com: Solely focused on Cuba. This is a severe limitation for anyone needing to send money to other countries.
- Competitors:
- Wise: Supports transfers to over 80 countries in over 50 currencies, offering multi-currency accounts and debit cards.
- Remitly: Facilitates transfers to over 100 countries with various payout options.
- Xoom: Sends money to over 160 countries globally, including bill payments and mobile reloads.
- OFX: Specializes in larger transfers across over 190 countries and 50 currencies.
- Implication: For diverse international remittance needs, Trylindo.com is a single-point solution, while competitors offer a global financial toolkit.
-
Trust Signals and Reputation:
- Trylindo.com: In “beta,” features a single, dated testimonial on its homepage, and offers limited external verifiable reviews or comprehensive operational data. Its digital footprint is relatively small.
- Wise: Serves over 16 million customers globally, regulated in multiple jurisdictions e.g., FinCEN in the US, FCA in the UK, with millions of positive reviews on platforms like Trustpilot e.g., 4.3 stars from over 200,000 reviews.
- Remitly & Xoom: Also have extensive customer bases, robust regulatory compliance, and a wealth of public reviews demonstrating their reliability and service quality over many years.
- Implication: Established competitors have built strong reputations and trust through years of reliable service, extensive regulatory compliance, and a massive body of user feedback, which Trylindo.com currently lacks due to its newness and niche.
- Trylindo.com: In “beta,” features a single, dated testimonial on its homepage, and offers limited external verifiable reviews or comprehensive operational data. Its digital footprint is relatively small.
-
Customer Support and Information Access:
- Trylindo.com: Provides an email address and a contact form. lacks clear phone support, live chat, or a comprehensive knowledge base/FAQ section.
- Competitors: Typically offer multiple channels for customer support phone, chat, email, extensive FAQs, and detailed help centers, allowing users to quickly find answers or get assistance.
-
Technological Maturity and Features:
- Competitors: Have mature, stable platforms, often with advanced features like recurring transfers, rate alerts, detailed transaction tracking, and robust API integrations for business users. They have refined their user experience over years.
Conclusion of Comparison
While Trylindo.com aims to be the go-to for Cuba remittances by focusing on speed and rates, its limited transparency, narrow service scope, and relatively nascent stage beta make it a less compelling option compared to the broader, more established, and more transparent international money transfer services.
For most users, the peace of mind, wider utility, and proven track record offered by global competitors far outweigh the potential niche advantage of Trylindo.com, especially in sensitive financial matters.
FAQ
Is Trylindo.com a legitimate service for sending money to Cuba?
Based on the website’s claims, Trylindo.com states it is “licensed with the state of Florida as a Part II Money Services Business and registered with FinCEN as a money transmitter,” indicating a legal basis for operation in the U.S. for remittances.
However, its overall legitimacy needs to be assessed based on the depth of information provided on its website, which is currently limited. Dontoralf.com Review
What are the main benefits of using Trylindo.com according to their website?
According to Trylindo.com’s homepage, the main benefits are “Best rates,” a “money back guaranteed” if you find a better rate, “Easy” app usage, “Fast & Direct” delivery of funds, and being “Legal” and “sanctions-compliant” with US government regulations for sending money to Cuba.
Does Trylindo.com offer services for countries other than Cuba?
No, based on the information provided on their homepage, Trylindo.com is exclusively focused on facilitating money transfers to Cuba.
It does not appear to offer services for remittances to any other countries.
How does Trylindo.com claim to have the best rates?
Trylindo.com claims to have the best rates for remittances to Cuba and offers a “money back guaranteed” policy: if you find a better rate elsewhere and document it, they state they will pay you the difference.
They also mention dispersing funds from within their “proprietary network.”
Is there a mobile app for Trylindo.com?
Yes, the website states that “NewLindo is now available in beta to the public” for both iOS and Android devices, indicating that their service is primarily app-based.
How fast are transfers with Trylindo.com?
Trylindo.com claims that “Your loved ones get their money immediately, or within the day for other payment methods.” A customer testimonial on their site also mentions funds arriving “in less than 24 hours.”
Is Trylindo.com transparent about its fees?
No, Trylindo.com is not transparent about its fees.
While it claims “Best rates,” there is no detailed fee schedule, no explicit breakdown of transaction costs, and no real-time calculator on its homepage to show the exact fees or exchange rate margins before a transaction.
What are the major drawbacks of Trylindo.com based on a review of its website?
How can I contact Trylindo.com for support?
You can contact Trylindo.com via email at [email protected]
or through the contact form available on their website. Raider.io Review
There is no mention of phone support or live chat on the homepage.
Does Trylindo.com offer a money-back guarantee for its rates?
Yes, Trylindo.com offers a “money back guaranteed” if you find a better rate.
They state, “if you find a better rate somewhere else, document it, send it to us, and we will pay you the difference!”
Is Trylindo.com regulated by financial authorities?
Trylindo.com states it is “licensed with the state of Florida as a Part II Money Services Business and registered with FinCEN as a money transmitter.” This indicates registration with relevant U.S. financial regulatory bodies.
What information is missing from Trylindo.com’s website regarding its services?
Crucial missing information includes a comprehensive fee breakdown, detailed terms and conditions, specific payout methods available in Cuba, daily or transaction limits, a detailed privacy policy, and a broader array of independent customer reviews.
Can I trust customer testimonials on Trylindo.com?
The website features one prominent customer testimonial from June 2022. While it praises the service, relying on a single, dated testimonial is generally not sufficient to establish broad trust for a financial service.
More widespread, recent, and independently verifiable reviews would be more reliable.
How does Trylindo.com ensure legal compliance with US sanctions?
Trylindo.com states, “We are fully sanctions-compliant and do not work with any restricted entity.” It specifically references compliance with the Cuban Assets Control Regulations, Section 515.570 and Section 515.582, as confirmed in their FAQs and a linked blog post.
What are the best alternatives to Trylindo.com for international money transfers?
Top alternatives known for transparency and global reach include Wise formerly TransferWise, Remitly, Xoom A PayPal Service, and OFX. These platforms offer broader services, transparent fees, and established reputations.
Is Trylindo.com suitable for businesses or only individuals?
Based on the website’s content, Trylindo.com appears to be primarily geared towards individuals sending money to family and friends in Cuba, or to “independent entrepreneurs.” There is no specific mention of business accounts or specialized services for commercial entities. Escenders.com Review
What does the “beta” status of the Trylindo.com app imply?
The “beta” status implies that the app and service are still in a testing and development phase.
This can mean that users might encounter bugs, features could change, and the service may not be as stable or fully refined as a commercially released product.
How does Trylindo.com handle customer feedback for its beta app?
Trylindo.com states, “We welcome your feedback on an ongoing basis to continuously improve and offer the best service and best rates,” indicating an active engagement with beta users for improvements.
Can I cancel my Trylindo.com account?
The website does not detail a specific “cancel account” process.
To discontinue use, you would typically stop initiating transfers, delete the app, and formally request account closure and data deletion by contacting their customer support via email at [email protected]
or through their contact form.
Does Trylindo.com offer any other financial services besides remittances to Cuba?
No, the website explicitly focuses only on sending money to Cuba.
There is no indication of other financial services such as multi-currency accounts, bill payments to other countries, or investment options.
What is MLC and how does Trylindo.com relate to it?
MLC stands for Moneda Libremente Convertible, which is a Cuban digital currency.
Trylindo.com specifically states, “Now offering MLC by popular demand, 115 USD/100 MLC!”, indicating they facilitate transfers into this specific Cuban currency.
Are there any daily or transaction limits mentioned on Trylindo.com?
No, the Trylindo.com homepage does not explicitly state any daily or per-transaction limits for sending money to Cuba. Laposte.net Review
This is another piece of crucial information that is missing from their public-facing website.
How does Trylindo.com compare to traditional banks for sending money to Cuba?
Trylindo.com implies superiority by claiming “Best rates” and faster delivery compared to traditional methods or other services like “revolusend and duales.” Traditional banks often have higher fees and less favorable exchange rates for international transfers, especially to complex corridors like Cuba.
What are the security measures mentioned by Trylindo.com?
Trylindo.com mentions being “fully sanctions-compliant” and not working with “any restricted entity,” which is related to legal security.
However, specific technical security measures like data encryption protocols, fraud prevention technologies, or how customer funds are protected are not explicitly detailed on their homepage.
Why is it important for a money transfer service to be transparent about its fees?
Transparency in fees is crucial because it allows users to understand the true cost of a transaction, compare services accurately, avoid hidden charges, and build trust.
Without it, users cannot make informed decisions about their financial transfers.
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