The Best Money Transfer Apps of 2024
Written by: BestApp.com App Testing Team - Updated: Mar 25, 2022
After extensive research, we’ve determined that PayPal is the best money transfer app because of its strong security and advanced features. However, while PayPal will be the top option for most users, another app may be better for you depending on your specific needs. Below, we’ve reviewed nine other well-regarded money transfer apps.
Top 10 Money Transfer Apps to Try
- PayPal — Top Pick
- Venmo — Best for Shopping
- Cash App — Best for Stock Trading
- Zelle — Best User Interface
- WorldRemit — Best for International Transfers
- Google Pay — Best for Managing Your Money
- Western Union — Best for Cash Pickup
- Azimo — Best for Overseas Business Expenses
- Wise — Best for Traveling
- OFX — Best Customer Service
How We Chose the Best Money Transfer Apps
When deciding which apps we would include in this guide, we looked for features such as transaction tracking and exclusive discounts. We also made sure each app has taken the necessary measures to protect your financial information.
Choose the money transfer app that’s right for you
You should keep in mind that the best money transfer app for one user may not be the best for another. For example, if you plan to send money to family overseas, you’ll have a different set of requirements than someone who is only interested in shopping online within their home country. Always keep your specific needs in mind when selecting a money transfer app.
Don’t spend without getting paid for it
Many money transfer apps offer their own cashback rewards programs, allowing you to earn account credits, gift cards, and other bonuses that are proportionate to how much money you spend with the app. While you should be careful about programs that incentivize you to make unnecessary purchases, it’s always nice to earn rewards for purchases you were going to make anyway.
Our Money Transfer App Reviews
PayPal — Top Pick
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
PayPal is certainly the most popular app featured in this guide, as it has been downloaded over 100 million times on both Google Play and the Apple App Store. It’s easy to see why this app is so popular — in addition to reliable service and strong security, PayPal offers advanced features such as cashback rewards, crypto support, and installment payments.
Notable features:
- Free mobile app
- Support available: Email, Help & FAQ
| PayPal Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Particularly feature-rich money transfer app | No live customer support |
| Highly popular | |
| Strong security | |
Venmo — Best for Shopping
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
This money transfer solution was acquired by PayPal a few years ago and offers similar features, including cashback rewards and crypto support. You can use your Venmo QR code to make touch-free purchases at stores like CVS, and Venmo is even a payment option on popular apps such as Uber Eats, Grubhub, and Zola.
Notable features:
- Free mobile app
- Support available: Email, Help Center, Ticket
| Venmo Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Cashback rewards available | No live customer support |
| Supports cryptocurrencies | |
| Easy to use in person and online | |
Cash App — Best for Stock Trading
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
Unlike any other options featured in this guide, Cash App offers built-in tools for commission-free stock trading. You can buy as little as $1 of stock in top U.S. companies, track stock prices in real time, and create a watchlist of the stocks you’re interested in. Cash App’s other features include check deposit, easy tax filing, and facial recognition for added security.
Notable features:
- Free mobile app
- Support available: Email, Phone, Help Center/FAQs
| Cash App Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Built-in tools for trading stocks | No cashback rewards program |
| Strong security | |
| Live customer support available | |
Zelle — Best User Interface
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
Zelle is best experienced as a feature on your banking app — there are over a thousand banks that have integrated Zelle as a feature in their software. If your banking app doesn’t offer this feature, Zelle also provides their own standalone app, which has a user-friendly interface that makes it especially easy to send and receive money with friends and family. Anyone with a U.S.-based checking account can enroll in this service, and transactions usually only take a few minutes to complete.
Notable features:
- Free mobile app
- Support available: Email, FAQ
| Zelle Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| User-friendly interface | Relatively limited set of features |
| Easy to enroll | |
| Fast transactions | |
WorldRemit — Best for International Transfers
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
WorldRemit is designed specifically for international money transfers. With this app, you can send money from over 50 countries and receive money in more than 130 countries. You can track your money at all times, and you’ll be sent a notification when the transfer is complete. WorldRemit allows you to sign up for daily exchange rate notifications as well.
Notable features:
- Free mobile app
- Support available: Email, Chat, Phone, FAQ
| WorldRemit Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Send money to 100+ countries | No shopping features |
| Transaction tracking and alerts | |
| Live customer support available | |
Google Pay — Best for Managing Your Money
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
Google Pay offers all the features you need to shop online and transfer money with friends and family. But what really sets this app apart are its features for keeping track of your money — you can get weekly summaries of your spending, view trends over time, and see how much you’ve spent at different businesses. Google Pay also allows you to set up reminders for upcoming bill payments.
Notable features:
- Free mobile app
- Support available: Email, Help Center
| Google Pay Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Robust set of money management tools | No live customer support |
| Explore restaurants, other businesses within the app | |
| Strong security | |
Western Union — Best for Cash Pickup
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
PayPal may have become the most well-known brand for money transfers in the internet age, but before that there was no bigger name in this industry than Western Union. The company was founded back in 1851, and even today it’s still your best option for old-fashioned cash pickups. This app makes it easy to arrange pickups at Western Union’s more than 500,000 locations, which are spread out over 200 countries. You can also transfer money directly to bank accounts, and there are tools for tracking your transfers in real time.
Notable features:
- Free mobile app
- Support available: Email, Chat, Phone, Help Center
| Western Union Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Operates 500,000+ locations for cash pickups | No crypto support |
| Real-time transaction tracking | |
| Live customer support available | |
Azimo — Best for Overseas Business Expenses
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
Similar to WorldRemit, Azimo is another app designed specifically for international payments. This is a particularly good option if you have any overseas business expenses — the app makes it easy to save on exchange rates, and you can pay overseas employees, contractors, and partners with just a few taps. Overall, the app supports more than 60 currencies and allows you to send money to over 180 countries.
Notable features:
- Free mobile app
- Support available: Email, Help Center
| Azimo Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Supports payments to 180+ countries in 60+ currencies | No shopping features |
| Easy to pay overseas business expenses | No live customer support |
| First two transfers are fee-free | |
Wise — Best for Traveling
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
Traveling to another country? Wise provides debit cards that allow you to spend or withdraw money in over 200 different countries — and if you don’t have the local currency in your account, Wise can automatically convert the amount you need. Also, if you ever lose your card, you can instantly freeze it to protect your account.
Notable features:
- Free mobile app
- Support available: Email, Help Center
| Wise Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| Convenient debit cards for travelers | No live customer support |
| Supports payments to 80+ countries | |
| Strong security | |
OFX — Best Customer Service
Download: Android ★★★★★★★★★★ | iOS ★★★★★★★★★★
Customer support is especially important for money transfer apps. If there are any technical issues or other problems that get in the way of your transfers, you’ll want them resolved as quickly as possible. OFX can provide you with some peace of mind in this area, as their global support team is available 24/7. This app’s other features include transfer tracking and real-time exchange rates.
Notable features:
- Free mobile app
- Support available: Email, Phone, FAQ
| OFX Pros & Cons | |
|---|---|
| What we like | What we don’t like |
| 24/7 phone support | No shopping features |
| Supports payments to 190+ countries in 55+ currencies | |
| Real-time transaction tracking | |
Money Transfer Apps: Features Summary Table
| Money Transfer Apps Comparison Table | ||
|---|---|---|
| App | Subscription Fees or In-App Purchases | Features |
| PayPal — Top Pick | None | ✓ Bank Transfer ✓ Cash Pickup ✓ Transaction Tracking ✓ Discounts |
| Venmo — Best for Shopping | None | ✓ Bank Transfer ✓ Cash Pickup ✓ Transaction Tracking ✓ Discounts |
| Cash App — Best for Stock Trading | None | ✓ Bank Transfer X Cash Pickup ✓ Transaction Tracking ✓ Discounts |
| Zelle — Best User Interface | None | ✓ Bank Transfer X Cash Pickup X Transaction Tracking X Discounts |
| WorldRemit — Best for International Transfers | None | ✓ Bank Transfer ✓ Cash Pickup ✓ Transaction Tracking X Discounts |
| Google Pay — Best for Managing Your Money | None | ✓ Bank Transfer X Cash Pickup ✓ Transaction Tracking ✓ Discounts |
| Western Union — Best for Cash Pickup | None | ✓ Bank Transfer ✓ Cash Pickup ✓ Transaction Tracking ✓ Discounts |
| Azimo — Best for Overseas Business Expenses | None | ✓ Bank Transfer ✓ Cash Pickup ✓ Transaction Tracking X Discounts |
| Wise — Best for Traveling | None | ✓ Bank Transfer X Cash Pickup ✓ Transaction Tracking ✓ Discounts |
| OFX — Best Customer Service | None | ✓ Bank Transfer X Cash Pickup ✓ Transaction Tracking X Discounts |