8 Best Money Transfer Apps for Android and iOS

Money-Transfer Apps

Money transfer apps make it easy and fast to send money between people or organizations. They also let you link your credit card or bank account to a digital wallet for convenient electronic transactions. All it takes is a few taps on your phone. The best money transfer apps make it easy to send and receive money from family or elsewhere using just a smartphone and your chosen app.

Banks were slow to adopt the internet, so third-party tools were created for easy money transfers. While banks now have online options and apps, international payments still require a third-party provider.

Money transfer apps are great for sending money globally with different currencies. Money transfer apps are great for sending money globally with different currencies.So if you want to send out money anywhere in the globe or Envios Dinero a Guatemala en linea, you can check that one out.

They have grown like personal finance software and make the process simple and painless. Just be aware of fees, but the best apps have reasonable rates for the convenience they provide.

For store shopping or some gorgeous dates, we all want to make the monetary transaction easier. Thus digital money has extended to be comfortable and feasible like easy dices. Smartphone technologies which are sophisticated and mobile applications generally help us in these situations.

Top 8 Money Transfer Apps for Android & iOS

Money transfer apps do not usually necessitate the input of banking details thus to attain the facilities of these commodious payment solutions, some of the best money transfer apps are listed below with their benefits.



PayPal can be reckoned as one of the oldest money transfer apps long before Google, Venmo has dwelled their feet on the earth. The benefit obtained from PayPal is that it is capable of making international transfer along with executing various transactions in reputed establishments.

PayPal has many features that can help you send money, shop, and donate to charities. To transfer money, link your bank account and choose the recipient. They will receive the money in minutes. However, it may take a day for the money to clear from your checking account like other third-party apps.

PayPal is a valuable tool for businesses. It allows you to invoice clients, offer payment plans, and accept credit card payments through PayPal.Me. You can also use it as a virtual wallet by connecting your bank account or cards for direct payments.

The only disadvantage concerned with this platform is that sending and receive money on this medium takes a little bit longer time than usual.

Google Pay

Google Pay  offers users a seamless money transferring experience through the usage of their phone. The usage of a finger print sensor is required to access the application. You can send and receive money through the send tab which is located at the right bottom side of the application.

Google Pay lets you send and receive money, pay for things, and track your spending. It works for transfers in the US and India, and also for online shopping in many other countries.

It has a virtual wallet that links to your bank accounts, debit cards, and credit cards. The utilization interface is very user-friendly and the best thing is that the money is transferred within a moment.

It is great for beginners in personal finance. It has tools for managing money and creating group chats to split expenses. You can also add reward cards for discounts, which are tracked as real cash that you can use. In the future, Google Pay plans to offer bank accounts for users.


Wise is a UK-based money transfer service available in 59 countries and expanding. It offers simple transfers and a multi-currency account for holding over 50 currencies. You can convert them at your convenience.

Wise has gained multiple good track records, ratings and feedback for being one of the easiest and simple money transferring applications in the platform of Android and iOS. The user can literally gather all of his contacts in one place and can slowly choose to whom they are about to send and receive money.

The fees page shows a fixed fee and a variable fee, which are added together for the total charge per transaction. Users can choose between different transfer options, with faster transfers costing more and slower transfers being cheaper. There is also a middle tier option available.

Wise offers Business pricing with free extra features like receiving money in multiple currencies. However, there is a fee for currency conversion. The Wise debit Mastercard is also free, but has a currency conversion fee and an additional fee for ATM withdrawals over £200 per month. Their website has a calculator to help you estimate fees before making transactions.

For the application’s absolute convenience, the application can only execute repeat transfers that correspond to certain bill payments and gadget recharges.

Apple Pay Cash

Mac users can use Apple Pay on their iPhone or Macbook to easily transfer money and shop online. It works on all Apple devices, including phones, computers, and watches.

This application is a great way of to send and receive money. The installation of a third party application is not at all necessary when you have an iPhone and all the contacts are stored there.

You can select any amount and click on pay by the A symbol which is just next to the camera icon. One you request money or send money all it needs is your Face ID or Touch ID. The sender can directly send money through iMessage or Siri. It is a very simple platform.

Apple Pay is a digital wallet that connects to your bank account and credit cards. You can use it at stores, both in-person and online, by hovering your phone over the credit card reader. It’s great for using public transportation in big cities.

To send money internationally, you can use Apple Pay with Western Union. However, it is only available for transactions within the U.S. and to other Apple users or businesses that accept Apple Pay.

Western Union

western union

Western Union, established in 1851, started money transfers in 1871. Initially limited to New York, Chicago, and Boston, it now operates in over 200 countries.

Use Western Union to send money using your bank account, credit card, or debit card. You can also deposit cash at a store. The recipient can pick up the funds at an agent location nearby.

Western Union fees vary based on location, funding method, amount sent, and recipient’s location and delivery preference. Funds may take a few minutes to several business days to become available.

The specialty of the application is that it enables the users to utilize their phone camera for scanning the debit or credit card for contributing to a new payment option.

All the western union branch listing is included in their service. Apart from that, the services render a geolocation system for tracking the western union nearby agent.


Venmo, a subsidiary of PayPal, is a popular way to send money to friends. Its mobile app has around 90 million users and is one of the top payment apps globally.

It allows users to link a savings, checking, or credit card for funding. These accounts can be used to send money to friends, split bills, give gifts, or pay for online/in-person purchases.

Venmo is an incredible application to send and receive money to any of your peers or entities. The amazing part of Venmo is that you don’t have an expenditure of a single penny for transferring payments through venom account, bank accounts or debit cards.

Venmo has a credit card that gives up to 3% cash back. You can also buy and manage a cryptocurrency wallet on the app. And if you use Venmo to pay for things, your purchase is protected in case of any issues.

Venmo is free to use, but there are fees for fast bank withdrawals and a 3% fee for sending money with a linked credit card. Venmo charges a 1.75% fee for instant cash-out transfers to your bank account, with a minimum of $0.25 and maximum of $25. You can choose to keep money in either Venmo or your bank account.

Meta Pay

Meta Pay is now on Facebook Marketplace and other online stores. You can use it to make fee-free payments by logging in with your Facebook or Instagram account.

Simply connect a credit card, debit card or PayPal to Meta and click “tap to pay” while chatting on Messenger. It’s also convenient for buying things on Facebook Marketplace, Instagram and other online stores.

Not all online retailers accept Meta Pay and it lacks bank account payment options, making it less secure for large transfers. No protection is provided for mistaken payments.

Meta Pay only accepts PayPal for credit card payments. Unverified accounts have a $2,000 limit and verified accounts can pay up to $10,000 within 30 days.

Meta Pay has no transfer fees, but linking third-party services may result in a small transaction fee according to their website.

Cash App

Cash App

Cash App is an easy-to-use app with low fees for sending money. You can also invest and bank through the app. It’s a great option for fast, fee-free transfers to your bank or other people. Instant deposits to your bank have a fee of 0.5% to 1.75%, with a minimum of $0.25, but you can transfer funds for free in one to three days instead.

It is used for payments in US and UK. 50 million users make Cash App a top money transfer app. Get discounts at retailers like Crocs, DoorDash, and Shake Shack with one tap checkout.

Cash App is for users 13 and older. It’s free to send and receive money quickly, even in the UK or EU. Deposits may take a few days, but most payments go straight to your bank account. You can also send money through your bank account or deposit cash at certain stores.

You can transfer funds from your Cash App account to a bank account or store money in your Cash App. Tap “Balance,” then “Cash out” and enter the amount. Choose to request or pay money. To send a payment, enter the recipient’s $Cashtag, phone number, or email and tap “pay.”

Cash App accepts Visa, MasterCard, American Express, and Discover debit and credit cards. It also works with most government prepaid cards, but not for deposits. However, it does not currently support ATM cards, Paypal or business debit cards.

The app does not guarantee recovered funds for sending money to the wrong person. Confirm your recipient’s username before sending money.


We examined many money transfer apps and checked their ratings, tested ease of use and speed, and analyzed system compatibility. We narrowed our search by evaluating security features and calculating transfer limits.

To transfer money, use a money transfer app on your mobile device. First, decide what you want to do: send or receive cash. The app will handle the rest.

The best money transfer apps have satisfied customers and are safe, secure, and reliable. Stick with well-known names and watch for minimum transfer limits and fees that may change over time.

Most services offer instant bank transfers, but it depends on destination, bank, and card method. Check the app’s website for current info. Be cautious when sending money in this ever-changing market.