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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

Knowing that companies have their own business wants, it is logical that they abstain from paying for an all-in-one, “perfect” business program. Having said that, it is difficult to find such a software solution even among widely used software products. The correct step to undertake is to spell out the various important aspects which call for a research such as crucial features, packages, technical skill competence of staff members, organizational size, etc. Next, you should do your research through and through. Read these Uphold analyses and check out each of the software solutions in your shortlist in detail. Such detailed research ensure you avoid mismatched software products and choose the one which offers all the features your business requires to achieve growth.

Position of Uphold in our main categories:

TOP 10

Uphold is one of the top 10 Mobile Payment Apps products

Since each company has unique business needs, it is advisable for them to refrain from searching for a one-size-fits-all faultless software application. Needless to say, it would be futile to try to find such a platform even among popular software platforms. The intelligent thing to do would be to catalog the various vital elements that need consideration such as required features, budget, skill levels of staff members, company size etc. Then, you should do your homework thoroughly. Read some Uphold Mobile Payment Apps reviews and look into each of the other solutions in your shortlist in detail. Such in-depth homework can make certain you reject ill-fitting applications and choose the system that offers all the features you need for business success.

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 are aware that when you make a decision to buy a Mobile Payment Apps it’s crucial not only to find out how experts rank it in their reviews, but also to find out if the real clients and companies that purchased it are indeed content with the service. That’s why 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 understand format revealing how many people had positive and negative experience with Uphold. With that information at your disposal you should be equipped to make an informed buying choice 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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