Are you stuck up with a low balance account? No worries, transfer money from one account to another in an instant with apps that transfers money immediately. Gone are the days when one needs to carry cash or credit cards; now, one can transfer money from apps themselves as digital money whenever required. Technology yet again is here to help us with time saving and digitalizing the monetary work with apps that transfers money immediately and accurately with just one click.
Money Transfer Apps to Vouch for this Year
Say goodbye to all the lengthy and complicated ways of transferring money from one account to another and choose a simpler way with transferring money apps as transferring money is now one tap away with apps that transfers money immediately.
1. Samsung Pay
The Samsung Pay app is another popular money transferring app for iOS and Android users. The app stores credit cards, debit, and bank cards efficiently on the app, and one can pay online or offline merchants faster than anything else. The app facilitates contactless payments and supports more than 1000 credit unions and active bank accounts.
Use For: storing credit cards, debit cards, bank cards, faster money transferring, and contactless payments
2. OFX Money Transfer
Make international money transfer easy and effortless with the OFX Money Transfer app. The mobile money transfer solutions depend on the market trends and track payments of the user. This app is an efficient and safe platform to secure funds and highlights live financial rates and currency trends.
Use For: international money transfer, securing funds, live financial rates and currency trends
3. Venmo
Through this app, one can send and receive money to friends and family with the Instant Transfer feature. The transfers don’t require any processing payments. However, for credit cards, the app deducts a 3% processing fee.
Use For: instant transfer feature, no transfer payments except credit cards
4. Azimo
This is a good app for people who are always dealing with money on the go. The app scans the banking cards to earn new payment methods for users and keeps users updated about the transactions. The app uses fingerprints for the identification process.
Use For: staying updated about the transfers and strict identification process
5. Paypal
PayPal is one of the first launched money transferring apps and the best online money transfer apps prevalent today. It enables users to transfer money around the world round the clock and keep a tab on the transactions regularly.
Use For: global money transfer and keeping a regular tab on transfers
6. TransferWise
This is one of the most loved online money transfer apps available for iOS and Android users. The app shows the ruling exchange rate of currencies, and one can transfer money conveniently and safely. One of this app’s best features is that users get a free multi-currency account (28 currencies) to use.
Use For: seeing ruling exchange rate of currencies, safety and free multi-currency account (28 currencies)
7. Payoneer
This app is easy to use across as a standard digital wallet across online stores. The app’s best feature is that it enables users to withdraw money directly to their Visa or MasterCard. Users can also view their account balance in around 20 currencies over 19 languages.
Use For: standard digital wallet across online stores, withdrawing money and checking account balance
8. Square’s Cash App
This app is perfect for quick money transfers in restaurant bills or daily utilities. The app doesn’t charge any transaction fees and users also don’t need any cash account to transfer money to others. One can even create an accessible website page wherein people can make free payments. It is one of the simple money transfer app available.
Use For: quick money transfers, zero transaction fees, no cash account for transferring money and free payments
9. WorldRemit
This app is perfect for transferring smaller amounts to people globally. The app has several qualifying countries, low maintenance fees, and many ways that a receiver can access their transferred money. It has an easy-to-use interface and people can easily make international transactions to family and friends. Also, there is no minimum transfer limit, which means one can transfer any amount they want to. The best feature of the WorldRemit app is the fast transaction process and international cash transfers are done instantly.
Use For: smaller amount transfer globally, low maintenance fees, easy interface, no minimum transfer limit and fast international transfers
10. Zelle
This is a free app suitable for peer-to-peer easy money transfers. However, the only restraint to this app is that the transfers are processed early if the money transfer recipient doesn’t have a Zelle account. As such, both the money transfer sender and recipient should have a bank account in a participating U.S. bank for a faster and more efficient transaction. If the recipient doesn’t possess a Zelle account, then the money transaction will take 1-3 business days to process.
