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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.

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.

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 particular business-related wants, it is only wise they abstain from preferring a one-size-fits-all, ”best” software solution. Be that as it may, it is futile to pinpoint such a software solution even among well-known software solutions. The practicable step to do should be to narrow down the different critical aspects that demand consideration like crucial features, plans, skill ability of the users, business size, etc. After which, you should conduct the research comprehensively. Go over these Uphold review articles and scrutinize each of the solutions in your list in detail. Such well-rounded product research can make sure you stay away from unsuitable applications and subscribe to the one which offers all the aspects you require business requires.

Position of Uphold in our main categories:

TOP 10

Uphold is one of the top 10 Mobile Payment Systems products

If you are interested in Uphold it could also be beneficial to investigate other subcategories of Mobile Payment Systems listed in our database of B2B software reviews.

Each enterprise has its own characteristics, and may call for a specific Mobile Payment Systems solution that will be designed for their company size, type of customers and employees and even individual niche they cater to. We advise you don't count on finding an ideal software that will work for each company no matter what their background is. It may be a good idea to read a few Uphold Mobile Payment Systems reviews first and even then you should keep in mind what the software is supposed to do for your business and your employees. Do you require an easy and straightforward solution with just essential functions? Will you really use the complex functionalities needed by pros and big enterprises? Are there any specific features that are especially practical for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a solid software that will match your budget.

How Much Does Uphold Cost?

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 realize that when you make a decision to buy Mobile Payment Systems it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Uphold reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Uphold. With that information at hand you should be equipped to make an informed buying 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

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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.

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.

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Reviewed By Jenny Chang
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