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# P2P Money Swap Apps
WeSwap Allows Travelers to Exchange Money with Clear and Transparent Rates

By Riley von Niessen | Published 2018-04-25 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/weswap
References: [weswap](https://www.weswap.com/en/) & [play.google](https://play.google.com/store/apps/details?id=com.weswap.app&pid=Website&c=HomePage)

WeSwap is an app that's available for both [iPhone](https://www.trendhunter.com/trends/switch-to-android) and Android that allows travelers to exchange different types of currencies on a [P2P basis](https://www.trendhunter.com/trends/shapp), while ensuring that a fair and completely transparent rate is given.

So far, the app claims that over 350,000 travelers have exchanged currencies through the app, which has totaled over £130 million. With this, WeSwap reports that travelers have saved "up to 90% on their [travel money](https://www.trendhunter.com/trends/currency-calculator-converter) in the process."

To use the app, travels just sign up for free to get a WeSwap multi-currency Mastercard, which they can they load with money and use as a normal debit card. The card is compatible with over 150 currencies, and auto-converts the home balance to the currency being used at the time. In order to receive a better rate, up to 18 currencies in different wallets can be exchanged in advance.

## Trend Insights (Trend Hunter)

- Score: 3.7/10
- Popularity: 35% | Activity: 67% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, South America, Europe, Asia, Africa

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile)

## Key Themes

### What Makes This Trend Stand Out

- **P2P Currency Exchange:** The trend of P2P currency exchange apps like WeSwap allows travelers to exchange money with clear and transparent rates directly with other users, disrupting traditional currency exchange methods.
- **Transparent Rates:** The trend of apps like WeSwap providing clear and transparent rates for currency exchange disrupts traditional services that often have hidden fees and unfair rates.
- **Multi-currency Debit Cards:** The trend of multi-currency debit cards, like the WeSwap Mastercard, offer convenience and cost savings for travelers by allowing them to load and convert multiple currencies on a single card.

### Sectors Adopting This

- **Finance:** The finance industry can embrace P2P currency exchange apps to offer more convenient and transparent services to travelers, creating disruptive innovation opportunities.
- **Fintech:** Fintech companies can explore the trend of transparent rates in currency exchange apps to develop innovative solutions that challenge traditional currency exchange methods.
- **Travel:** The travel industry can leverage multi-currency debit cards to enhance the experience for travelers by simplifying currency conversion and saving costs, driving disruptive innovation.

## Related on Trend Hunter

- [Connective Economic Travel](https://www.trendhunter.com/trends/swapper.md)
- [Simplified Currency Conversion](https://www.trendhunter.com/trends/exchangexpert-currency-rate.md)
- [International Currency Solutions](https://www.trendhunter.com/trends/international-currency-solutions.md)
- [Travel Currency Assistants](https://www.trendhunter.com/trends/ratex.md)
- [Simplified Digital Financing Apps](https://www.trendhunter.com/trends/spush-wallet.md)
- [Currency Conversion Tools](https://www.trendhunter.com/trends/travel-converter.md)
- [Multi-Currency Super App Startups](https://www.trendhunter.com/trends/contoxia.md)
- [Global Money-Transferring Apps](https://www.trendhunter.com/trends/hsbc-2.md)
- [In-App Foreign Exchanges](https://www.trendhunter.com/trends/itau-unibanco.md)
