Verse unexpectedly announced its closure on Thursday, July 13. The instant mobile payment application, It will stop operating in September 2023.
If you have money in your Verse account right now, the company has informed you to transfer it to another platform before the estimated date. "Your money will still be protected and there will be a process in place should you wish to claim it after Verse closes, but We strongly recommend that you withdraw your funds using the app of Verse while you can«, they explain.
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How to withdraw money from Verse: Step by step
Withdrawal to Fazil Neobank
If you like get your money out of Verse You can do it the quickest way through Fazil in three easy steps.
- Open Fazil and select the “Enter” option.
If you already have a Fazil account, this step will be faster, and if you don't have one, it will only take 4 minutes to open your account. Once you have Fazil, you will only have to open the app and select "Enter" to withdraw your money from Verse.
- Add the amount you have in Verse
A tab called “Recharge with card” will appear in which you must add the amount you want to add, which must not be less than €10.
What if I have less money in Verse? If you have less than €10 you will have to add the difference in Verse, so you can spend all your money without problems. For example, if in Verse you only had €5 you will have to add another €5 in order to withdraw the €10 to Fazil.
- Add your Verse card details to make the transfer
Finally, you must indicate the details of your associated card in Verse and after this, you will have completed the transfer of your money.
Withdrawal to bank
The withdrawal request process is quick, as it takes 1 minute and the only requirement is to have your account verified. You can select different options:
For withdraw your money still traditional bank, the process is the following:
- Open your application Verse
- Tap the blue arrows in the bottom right corner of your screen
- You will have options to select, choose the one wire transfer
- Enter the amount to withdraw and your IBAN number
- Confirm the operation
With these simple steps the withdrawal request will be processed and the money should be in your bank account within 1-3 business days depending on the bank.
We leave you more information about how to migrate verse balance so that you can withdraw the money from your account before the deadline.