The Best Apps to Transfer Money

If you ‘re looking for the best money transfer apps, there are a draw to choose from these days. Sending funds through your call has never been easier .
With so many choices, the best apps to send money frequently come down to what you ‘re trying to do .
Do you need to split a bill with your friends around the recess ? Or do you need to send an external transfer to a family extremity oversea ?
Do you need a popular app that most people will have ? Or are you trying to connect with a particular business for a single requital ?

This post will walk you through some of the best apps to transfer money and what each one is most normally used for .

The 13 Best Apps for Transferring Money

PayPal is the flagship of money remove companies. You can use PayPal to send money to fair about anyone with an e-mail cover in over 200 countries around the universe .
For model, you could donate to a PayPal Pool your niece set up for her Girl Scout project, or you could send your kid the cash they need at college—even if that college is center around the world .
You can flush use PayPal.Me to take credit card payments for your business .
PayPal is more than a money transfer service. It ‘s a virtual wallet. You can keep cash in it, or you can connect your bank account, credit cards, or debit cards to make direct payments .
When you use PayPal for transfers, you can send money directly from any of your connected requital methods. ( Bank transfers are release. Debit and credit card payments come with fees. )
For a one-stop workshop that can do good about anything and transfer funds anywhere, PayPal is still the industry drawing card .
Venmo is what you get when you make paying for things a social event. The champion of peer-to-peer payments, Venmo lets you catch up with your friends by spending money .
What could be more twenty-first hundred than that ?
When you sign up for the service, you have to choose your privacy settings, giving you the option to broadcast your payments to your friends or evening the populace. ( Like Twitter, but with money. )
You can besides keep your purchases secret, but Venmo is known for its sociable requital feeds .
For case, your feed might show your friends where you ‘re eating lunch, what movie you rented for the weekend, who you split dinner with, and where you had coffee bean late .
You can evening add emojis and stickers, just for fun .
Like PayPal, which owns Venmo, the app is a virtual wallet that can link bank accounts and credit cards. Unlike PayPal, any linked depository financial institution account has to be in the U.S .
At the time of this write, credit card payments come with a 3 % transaction fee. Bank bill and debit payments are free .
Cash App
Cash App is a money transfer app from Square that ‘s wildly popular with the digital generation. once known as Square Cash, you can use it to send payments in or between the US and the UK .
Payments between the two countries use a mid-market exchange rate .
Cash App bridges the gap between a bank account and a money transportation app. In brusque, it ‘s both. But its raise in popularity comes from two more key factors :

  1. Boosts — instant discounts you get for using the debit card
  2. Investing — the app lets you invest your money in stocks or bitcoin, even fractionally

sol Cash App is a deposit, a brokerage account, a money transfer app, and a coupon service, all in one .
If you need to send money to good about any member of the digital generation in the US or the UK, chances are they have Cash App. All you need is their $ cashtag, phone issue, or QR code .
Google Pay
Google Pay lets you send money in the US and India, but it allows on-line shopping payments in a set more countries .
however again, it ‘s a virtual wallet, letting you connect bank accounts, debit cards, and credit cards .
Google Pay besides offers some basic money management tools and lets you create groups to message each other and split that dinner poster .
For discounts, you can add honor cards to your history, and it keeps track of those rewards for you as real cash you can spend, and it has plans to let users open their own Google Pay bank report .
At least for the moment, Google Pay does n’t stand out as singular in the field, but it does provide a commodious way to transfer money between its members in the US and India .
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Apple Pay
Have you always wished you could use your Apple watch to send person money ? You guessed it : there ‘s an app for that .
Apple Pay works natively with every Apple device, making it extremely easily to send money through your earphone ( or your watch ) to another Apple drug user.

precisely practice iMessages and approve the payment with your device ‘s own security measures, like Touch ID or Face ID .
Apple Pay is a true digital wallet, so you can connect it to your bank account and citation cards. You can besides use it at stores ( both physical and on-line ) around the world .
It ‘s specially commodious for riding trains and buses in major metropolitan areas worldwide .
When it comes to payments between one person and another, you ‘re even limited to the U.S., but you can use Apple Pay in combination with Western Union to send money overseas .
Like all the rest, Zelle has an app, but what makes this money transfer servicing stand apart is the fact that it ‘s integrated into so many bank apps already .
In other words, your bank might already offer it .
polarity in to your trust ‘s app on your mobile device or on the vane to see if it offers Zelle payments. If it does n’t, you can still get the app. You good might not be able to link it to your report .
If you do have access to Zelle, and if the person you want to send money to besides has a connected US savings bank report, you can transfer money immediately from your account to theirs, often in minutes .
Western Union
Western Union has long been the go-to ship’s company for sending money around the world. today, the Western Union app makes it flush more convenient .
available for Android, iPad, and iPhone devices, arsenic well as on the vane, the app lets you send money to more than 200 countries. Pay by savings bank account, credit card, debit card, or even Apple Pay .
You can hush send cash, even in the twenty-first century, but you ‘ll have to pay at a Western Union placement. Of course, the app will help you find one .
Calculate the cost of each remove before you send it, and track your payment on your phone .
The funds are sometimes available in minutes, but international “ restrictions “ can extend that to a few business days, depending on the circumstances .
Walmart besides offers money transfer services, both domestic and external .
If you want to send person money within the United States, including Puerto Rico, you can send it directly through Walmart. Pay for the service at your own local anesthetic Walmart, and they can pick the money up at theirs .
To send money internationally, Walmart offers service through either Ria or MoneyGram, letting the recipient role choice it up at a local office .
This can be a well money-transfer solution for people who live a bit more off the grid .
MoneyGram lets you send money directly to person ‘s bank report, to their virtual bill, to their fluid wallet, or to any one of their locations all over the earth .
If you need to set up regular payments, either domestically or internationally, MoneyGram can do that besides, with increasing discounts and benefits through their plus Rewards plan .
For international money transfers, OFX offers competitive exchange rates, but it can be a morsel more technical to navigate .
If you ‘re sending big amounts of money or you need a regular spouse for external funds transfer, this one ‘s worth explore .
Like OFX, Wise offers humble transmit fees and competitive central rates, with the advantage that it broadcasts them live on its home page in an interactional calculator .
enter the measure you want to send and where it ‘s going, and the calculator will show you immediately how much the person on the other end will get, how long it will take ( often fair hours ), and the exchange rate you ‘ll pay .
If you want to send money internationally and you ‘re looking for a bad name like PayPal with a potentially cheaper rate, you ‘re looking for Xoom, a PayPal service .
Enter the nation you want to send money to, and Xoom will bring up a calculator to show you what your recipient role will get in local currency .
If you ‘re shopping on price, be sure to use the calculators here and on Wise to compare rates .

13. Wire Transfer

Don ’ t forget your bank ! available both domestically and internationally, telegram transfers are distillery a popular choice for sending big amounts of money in a rush.

They tend to cost a little more than other options, but most banks do offer the service .
At the end of the day, it ‘s not just about what works. It ‘s besides about what you ‘re comfortable with and where you ‘ll feel most secure .
Your bank has the advantage of being a known entity. If you are n’t 100 % certain about the people asking you for money, be indisputable to consult a professional you trust .

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