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Uphold Review

Uphold
Our score: 8.9 User satisfaction: 85%

What is Uphold?

Uphold is a strongly secure and compliant currency storage, exchange, and transaction platform. It enables companies to conduct business with contacts and clients all over the world at a fraction of the cost.

With Uphold, businesses can also offer instant remunerations, especially if they have a dispersed or global workforce. So instead of making their employees wait for an extended time by sending money through traditional channels, they can send salaries in any currency instantly.

Plus, Uphold offers tailored solutions to businesses, as every company has its own specific needs. This lets operations become more efficient without requiring additional expenses.

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Overview of Uphold Benefits

Costless Storage

It does not cost a single cent to store any kind of currency in Uphold. This lets businesses hold money in any currency in the digital wallet for as long as they want.

Low-Cost Currency Exchanges

Uphold supports more than 30 physical and digital currencies in its platform. But more than that, it allows business users to exchange currencies without exorbitant costs. Rather, it exacts only a small percentage for each transaction. This lets companies use more of their funds to protect themselves from foreign exchange risks and to ensure they have enough for their operational needs.

Instant Funds Exchanges

While other transaction types take a while to proceed, Uphold instantly sends money to recipients. This is especially beneficial to businesses with a global workforce, as they can give remunerations without delays. On top of that, it also does not cost them a cent to send money to their dispersed employees, letting them keep a healthier bottom line.

This is also convenient to them as they can easily accept payments from international customers. Instead of costly cross-border fees, Uphold has significantly lower transaction rates.

Compliant Platform

Uphold is a FinCen-registered Money Service Business in the USA and holds other regulatory and compliance certificates in the EU. This means that the platform works together with regulators to ensure that its employees and its users meet their standards for secure transactions and anyone who might want to use the service for fraudulent activities is kept out.

Robust Privacy Protection

To ensure that business users do not fall prey to questionable characters, Uphold utilizes top-notch data encryption technologies to secure and protect members’ personal and financial information. Even when the platform collects data from its users, it does so while complying with robust industry standards.

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Overview of Uphold Features

  • Move Funds
  • Convert Currencies
  • Hold Money
  • Send & Receive Money
  • Real-Time Fund Control
  • Member Verification
  • Strong Password Rules
  • Two-Factor Authentication
  • Encryption Programs
  • Security Audits
  • 24/7 Security Operations Center

Uphold Position In Our Categories

Because companies have unique business-related needs, it is only logical that they avoid subscribing to an all-in-one, “perfect” software product. However, it would be hard to stumble on such a software system even among well-known software systems. The rational step to undertake can be to jot down the different main aspects which need consideration such as important features, costing, skill aptitude of the employees, company size, etc. After which, you should do your research comprehensively. Browse through some of these Uphold evaluations and explore the other software programs in your list in detail. Such comprehensive product investigation can make sure you weed out unfit software solutions and select the one which provides all the tools your business requires for optimal results.

Position of Uphold in our main categories:

TOP 10

Uphold is one of the top 10 Mobile Payment Apps products

Each enterprise has different requirements and needs a software that can be customized for their size, kind of staff members and clients, and the specific industry they are in. For these reasons, no platform can provide perfect tools out-of-the-box. When you look for a software app, first be sure what you want it for. Read some Uphold Mobile Payment Apps reviews and ask yourself do you want basic tools or do you want sophisticated features? Are there any industry-specific functionalities that you are looking for? Get the answers to these questions to help your search. There are multiple aspects that you need to mull over and these include your budget, particular business needs, your organization size, integration needs etc. Take your time, try out a few free trials, and finally zero in on the system that presents all that you need to boost your organization competence and productivity.

How Much Does Uphold Cost?

Uphold Pricing Plans:

Free Trial

Crypto withdrawals

$2.99

Bank transfers

$3.99

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What are Uphold pricing details?

Uphold Pricing Plans:

Free Trial

Crypto withdrawals

$2.99

Bank transfers

$3.99

Opening and holding funds, account funding, sending and receiving money, and converting and buying currencies in Uphold is totally free.  However, Uphold exacts $2.99 for crypto withdrawals and $3.99 for bank transfers on top of third-party fees. Meanwhile, converting physical and digital currencies have variable costs.

User Satisfaction

Positive Social Media Mentions 38
Negative Social Media Mentions 4

We know that when you decide to purchase a Mobile Payment Apps it’s important not only to find out how professionals evaluate it in their reviews, but also to check if the actual people and businesses that bought this software are genuinely satisfied with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Uphold reviews across a broad array of social media sites. The information is then presented in an easy to digest format showing how many users had positive and negative experience with Uphold. With that information at hand you should be equipped to make an informed business decision that you won’t regret.

Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English

Pricing Model

  • Free
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Uphold?

Uphold has an open API that lets developers and businesses create new apps built upon its platform. Accessing the documentation is free for most, but businesses using the service’s API for financial transactions pay a standard fee of $0.35 + 0.35% per exchange.

Uphold User Reviews

Uphold average rating:

Average score
1/5 (1 user reviews)
1/5

Overall impression

1/5

Customer Support

1/5

Value for Money

1/5

Ease of Use

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More reviews from 1 actual users:

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Terrible, terrible product with no customer support

Read full review >
Anonymous Reviewer
1/5

Overall impression

1/5

Customer Support

1/5

Value for Money

1/5

Ease of Use

Published on: 18.03.2021 Company Size: N/A Industry: N/A

PROS: Nothing is good about this product. It purposefully limits users' features.

CONS: Customer support is non-existent.

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Uphold user reviews

Terrible, terrible product with no customer support

Read full review >
Anonymous Reviewer
1/5

Overall impression

1/5

Customer Support

1/5

Value for Money

1/5

Ease of Use

Published on: 18.03.2021 Company Size: N/A Industry: N/A
Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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