Sending money overseas costs a small fortune – or does it? Money transfers can be reliable and cheap for anyone who knows where to look. Here are five of the best money transfer apps to get your money from point A to point B instantly and cheaply.
What Does a Money Transfer App Do?
A money transfer app is a digital platform that allows you to send money instantly via your smartphone or computer. It’s a great way to pay bills and make purchases, but it can also be used as a payment method for more than just one-off transactions.
When you use online money transfer apps like Cash App, you’ll have access to an account that holds all of your information about past transactions and current balances. You can access this information from anywhere in the world as long as you have an internet connection on your device – no matter where you are.
PayPal
PayPal allows users to send and receive money from friends, family, and businesses. With PayPal, you can transfer money instantly with just a swipe of your finger. PayPal is available on both Android and iOS devices. The app allows you to send money to anyone with an email address or phone number.
Cash App
Cash App is another popular app that allows users to send and receive money and make payments with their debit card. The app is available for Android and iOS devices and can be downloaded for free from the respective stores.
The best thing about Cash App is that you can send money instantly without waiting for your bank to clear your transaction. You can also use this app to pay bills and send money between friends and family.
WorldRemit
WorldRemit allows users to send money securely and quickly to family and friends overseas. It’s a great alternative to traditional money transfer services, which typically charge high fees and take weeks to complete. The WorldRemit app is available for both Android and iOS devices. Users can download the app for free, then sign up using their email address.
Venmo
Venmo allows users to send payments to one another through their smartphones. Venmo has become incredibly popular among young people for the ease of use and fast turnaround times it offers. Users can send money to friends quickly and easily from their phones, giving them access to funds in minutes rather than days or weeks.
Since Venmo is an app that stores a user’s bank account information, it can also be used for business transactions, though some banks may have limits on how much can be sent through it in a given period or per transaction.
Facebook Pay
Facebook Pay is a popular money transfer app that allows you to send and receive money and make purchases. Facebook Pay can be used with a debit or credit card from any country. You can also use it to shop online.
With Facebook Pay, you can instantly send and receive money from friends and family. You don’t need to enter your bank account or credit card numbers; all you need is your name and email address.
Conclusion
In the end, it all comes down to what you’re looking for, whether it’s better customer support, a stylized interface, a simple process, or instant transfers. Irrespective of your needs, there are plenty of apps out there that can help complete your transaction.
Photo Credit: pexels
I think Venmo is the best of those options. But that’s just me. PayPal is pretty good too though. I bet most people aren’t aware inventing PayPal is where Elon Musk got his original fortune!