The 10 Best Money Transfer Apps of 2023 | Latest Guide

Sending money to both local and international parties is now made easier by using money transfer android or IOS applications. This means of making payment can also be referred to as an online payment method.

Today in this article, I will bring to you from the best of our research, the lists of some reliable and trusted money sending app that allows you to make transactions anytime and anywhere.

You have to note that as the apps are different, so are their features. But, they serve the same function of money transfer without stress.

Sometimes, carrying out international transactions is usually challenging. Still, with the help of these apps, you will be able to send money to international friends or business partners quickly and conveniently.

SEE ALSO: Top 10 Best Loan App for Nigerians to Borrow Cash Quickly

Top 9 Best Money Transfer Apps

Let’s take a look at the best money sending apps below;

  1. WORLDREMIT
  2. PayPal
  3. Zelle
  4. VENMO
  5. MoneyGram
  6. TransferWise
  7. Square Cash App
  8. Payoneer
  9. Western Union
  10. MetaPay
  11. Xe
  12. Ofx
  13. Wise

1. WORLDREMIT

Best Money Transfer Apps

The WORLDREMIT app has been proven to be one of the best money transferring app in the world. With this app, you can send money to any bank and any country.

There are four ways to send money online when using this app, and these are;

  1. Bank Transfer
  2. Cash Pickup
  3. Mobile Transfer
  4. WORLDREMIT  Wallet

Download on APP Store        Download on Playstore

Visit the site to learn more about the above-listed ways of sending money – https://www.worldremit.com/   or download the app at once to get started and learn more in the process.

2. PayPal

Best Money Transfer Apps

PayPal is an American company operating a worldwide online payment system that supports online money transfers. It serves as an electronic alternative to traditional paper methods like checks and money orders.

Using the Paypal App, you will be able to send money, pay online, and do other forms of financial transactions at ease.

Download on APP Store        Download on Playstore

Visit the PayPal official website to learn more about the above-listed ways of sending money – https://www.paypal.com/  or download the app at once to get started and learn more in the process.

3. Zelle

Best Money Transfer Apps

Zelle is a United States-based digital payments network owned by Early Warning Services, a private financial services company owned by the bank’s Bank of America, BB&T, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.

With the Zelle app, you can easily send and receive money with friends, family, and others you trust. You can receive cash directly into your bank account in minutes.

Download on APP Store        Download on Playstore

4. VENMO

Best Money Transfer Apps

Owned by Paypal, Venmo is a mobile payment service that allows user to transfer funds to others via a mobile phone app.

Download on APP Store        Download on Playstore

Learn more about VENMO here

5. MoneyGram

This is also another app that enables you to comfortably and conveniently transfers money to any country.

Download on APP Store        Download on Playstore

Learn more about MoneyGram here

6. TransferWise

The London-based online money transfer service app allows you to send and receive money with international bank details, and track your transactions with notifications on your phone.

Download on APP Store        Download on Playstore

To learn more about TransferWise method of transaction, click here.

7. Square Cash App

The Square Cash App works as an online money transaction app that you can use to transfer money from one country bank to another with many difficulties.

Download on APP Store        Download on Playstore

To learn more about Square Cash App, click here.

8. Payoneer

With the Payoneer app installed on your phone, you can quickly transfer or receive money from another country to your Payoneer account, therefore withdrawing it to your country’s bank account.

Download on APP Store        Download on Playstore

Get more insight into how Payoneer works by visiting their official website – https://www.payoneer.com/

9. Western Union

With the Western Union method of payment, you can send money fastly to anybody outside your country.

After sending the money, your Receiver can pick up the cash at any participating Agent location in their country.

Download on APP Store        Download on Playstore

NOTE: Your money is always available for pickup within minutes.

If you are a Nigerian, you can see everything you need to know about using this Western union to either send or receive money by clicking on the see more link here – SEE MORE.

If you are not a Nigerian, kindly click here to see the available information about Western Union for your country.

10. MetaPay

MetaPay won the prize for making it simple to transfer modest sums of money using a basic platform. MetaPay allows you to make safe and frictionless payments through Meta Messenger, WhatsApp, Portal, and Instagram in a number of countries.

Download on APP Store        Download on Playstore

Pros

  • Great communication tool in chat.
  • It’s simple to make a money request and send it.
  • It is possible to add many people to a money request.

Cons

  • It’s possible that it won’t be available on every payment method.
  • Purchase protection isn’t always accessible.

MetaPay beats the competition in this section because it allows you to transfer money or give to causes you care about in just a few steps:

  • Send a message to the receiver.
  • After that, tap the money symbol and type in the amount you want to send.
    After that, recipients can tap “pay.”

If the recipient does not have an account, Meta will guide them via the procedure with explicit instructions.

The operating system you’ll require is determined by the program you’re currently using. For instance, Android’s operating system enables the Messenger Version 4 (Ice Cream Sandwich) application and above for Meta Messenger.

The Messenger app is compatible with iOS 8 and later versions of Apple’s operating system.

 

11. Zelle

Download on APP Store        Download on Playstore

Zelle may very well render the business of traditional electronic bank transfers extinct — that’s the manner in which it simplifies bank-to-bank money transfers. The app is freely available and is utilized by most banks. A transfer takes just a few minutes, but the downside is it’s only recently implemented by banks located in the United States, so those outside the country are not in luck.

 

12. Wise

Download on APP Store        Download on Playstore

Over ten million users in more than 170 nations use Wise to transfer, receive, spend and convert money. It’s an excellent cash transfer app for people looking to transfer money around the world since it does not mark up its fees for exchanges between currencies.

13. OFX

 

Download on APP Store        Download on Playstore

Previously referred to as OzForex, this Australian-based cash transfer service is a currency exchange and payment app. It has zero transfer charges or minimum transfer limits, which is an advantage when transferring money to relatives or friends abroad.

14. Xe

Download on APP Store        Download on Playstore

The reputable money transfer app offers worldwide exchange rates as well as cash transfers between nearly every international currency. The exchange rates are affordable, and you can monitor real-time rates via Xe’s website and app.

 


What Is the Process of Using Money Transfer Apps?

Money transfer apps make it simple to send and receive money. Some tools keep track of your money while others move it from one account to another. Some money transfer apps are specifically designed to meet the demands of unique customers.

Is it Safe to Use Money Transfer Apps?

Money transfer apps, in general, have strong security mechanisms to secure your cash. It’s crucial to note, though, that if you transfer money to the wrong person, you might not get your cash back. It’s possible that providers will refuse to assist in the recovery of misdirected cash. Send money only to people you know and can trust.

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