June 25, 2024

Whether or not you’re trying to make a web-based buy or ship cash to your youngsters whereas they’re away from house, money isn’t at all times king. Generally, it’s quicker and safer to ship or obtain cash by way of a cellular app or on-line platform. These could make it straightforward to ship secured funds on to the recipient, typically in mere seconds.

Right here’s a have a look at our prime picks for the perfect apps to obtain and ship cash within the U.S. and internationally, and why you would possibly select each. 

Greatest cash switch apps in contrast 2023

Flexibility and buy safety

From free to five%, relying on switch kind

As much as $60,000 per transaction for verified accounts

Financial savings and funding options

As much as $1,000 per 30-day interval for unverified accounts, could also be increased for verified customers

Spending (and splitting) overseas

Ship as much as obtainable steadiness in your account

Varies by transaction quantity, foreign money, and supply technique

Ship as much as $2,999 each day, $10,000 month-to-month, or as much as $18,000 over a six-month interval

Varies by transaction quantity, foreign money, and supply technique

As much as $10,000 per on-line transaction, as much as $10,000 per 30-day interval; increased limits could also be obtainable in retailer

As much as $5,000 per switch to your financial institution, as much as $10,000 per week into your Venmo account

Prompt transfers between banks

Every day and rolling month-to-month limits range by monetary establishment

Varies by transaction quantity, foreign money, and supply technique

As much as $50,000 per transaction as soon as verified

Our suggestions for the perfect apps to obtain and ship cash

Greatest for flexibility and buy safety: PayPal


  • Ship cash to others, make on-line funds, or full service provider transactions.
  • Dispute decision and safety included on purchases at no further cost to consumers.
  • Worldwide transactions and transfers allowed with foreign money conversion.


  • Charges are charged when sending cash to buddies or household with a debit/bank card.
  • No choice for money withdrawal.
  • Financial institution transfers and withdrawals can take a number of days to course of.

PayPal is the primary—and probably the most well-known—names in on-line funds, with greater than 435 million energetic shopper and service provider accounts. This platform permits for protected transactions between companies and prospects, in addition to the power to ship cash between people. Thus far, PayPal has helped facilitate over $1.36 trillion in cost transactions throughout greater than 200 markets worldwide. 

With PayPal, you’ll be able to ship cash from virtually wherever on the planet utilizing your checking account, debit or bank card, or an current PayPal account steadiness. You may as well make purchases with built-in shopper protections, at no further value to you.

There isn’t any charge to ship cash to family and friends while you use your checking account, PayPal steadiness, or Amex Ship account—nor do you pay additional for items and providers coated by Buy Safety. When you use a debit or bank card to ship cash to family and friends, you’ll be charged 2.9% plus $0.30 per transaction.

Companies or people utilizing PayPal to obtain funds for items and providers pays a charge per transaction plus a share of the funds acquired, relying on the transaction kind and quantity. Each customers and retailers are coated by Buy Safety for these eligible transactions, with PayPal providing dispute decision and reimbursement if a coated problem arises.

Greatest for financial savings and funding options: Money App


  • Funds will be directed right into a linked checking account or elective Money Card debit card.
  • Money deposits allowed by way of taking part retailers.
  • Direct deposit prospects might obtain paychecks as much as two days early.


  • Funds can take a number of days to reach in linked financial institution accounts.
  • Prompt switch withdrawals require paying a charge.

Whereas not the longest-standing choice, Money App does get bragging rights for being the top-rated cost platform within the Apple App Retailer. 

Money App is accessible to customers aged 13 and up, permitting people a free choice for sending and receiving cash rapidly, together with within the UK or EU. Whereas deposits can typically take just a few days to reach, many funds are deposited right into a linked checking account instantly. You may ship cash to others by way of a linked checking account or you may make money deposits into your Money App at choose retailers. 

Customers don’t need to ship money by way of Money App, although; you can too ship or obtain shares and even bitcoin on the platform. When you select to financial institution by way of Money App, you’ll be able to simply handle your Money Card out of your telephone’s app with no month-to-month charges or overdraft penalties, and also you get entry to your paycheck as quickly as two days early while you arrange direct deposit. 

Greatest for worldwide transfers: MoneyGram


  • Companies obtainable worldwide and in most currencies.
  • Consumer-friendly app affords upfront charges and switch instances.


  • Charges are charged on home and worldwide transfers.
  • Whereas some transfers are prompt, others might take a number of days to finish.

Whether or not you could ship cash throughout the state or internationally, MoneyGram makes it straightforward and secure to switch money on-line, by way of a cellular app, or in-person at varied retailers. Whereas there are charges concerned with a MoneyGram switch, the service is taken into account very user-friendly and permits for the straightforward motion of money even with foreign money conversion.

Funds will be despatched 24/7 utilizing a debit card, bank card,or on-line checking account—and even utilizing money at a taking part location. The charges you’ll incur depend upon how a lot cash you’re sending, the place it’s going, and the way you’re funding the transaction. For a lot of worldwide transfers, charges begin as little as $1.99. The cash might be obtainable to your recipient in simply a few minutes or inside just a few enterprise days. 

Greatest for spending (and splitting) overseas: Revolut


  • Non-obligatory Revolut pay as you go card permits for purchases and transfers of acquired funds.
  • Complimentary membership choice obtainable.
  • Over 55,000 in-network ATMs.


  • Solely supplied in choose international locations and currencies.
  • Not as in style as many different cash switch apps.
  • Relying on customers’ wants, memberships might value as a lot as $16.99 per thirty days.

Just like Venmo and Money App, Revolut is a cellular cash switch app that makes it straightforward to separate payments, ship cash, and obtain funds from others in simply seconds, in as many as 29+ fiat currencies. Along with your distinctive username, you’ll be able to request cash from others or acquire funds even from these not on the app. You’ll even get a bodily or digital Revolut card that can be utilized to switch funds and make protected purchases on-line.

Month-to-month subscriptions vary from $0.00 to $16.99 per thirty days, relying in your wants. All choices permit you to switch cash internationally with out charges, create and comply with a funds, and even make fee-free withdrawals at over 55,000 in-network ATMs. 

Greatest for Dwelling Supply: Remitly


  • Many choices supplied for receiving funds, together with house money supply in some areas.
  • Upfront charges and a number of funding choices.


  • Solely obtainable in choose international locations.
  • Home and worldwide transfers are fee-based.

Remitly is a world cash switch platform that allows you to ship money to family members in different international locations with upfront charges and peace of thoughts. You may decide to ship funds on to their checking account or cellular pockets, enable for a money choose up, or, in some instances, even go for house supply. 

With Remitly, you’ll be able to provoke transfers by way of the cellular app or by signing up on-line. Charges depend upon the way you fund the switch, which nation the recipient is in, how a lot you’re sending, the velocity of the switch, and the way you need your recipient to obtain the funds. Utilizing a debit or bank card is the lowest-cost choice normally, with economic system charges as little as $1.99 and categorical charges beginning at simply $2.99. 

Greatest for cellular transfers: Venmo


  • Free to make use of.
  • Permits for funds to buddies/household or companies (with buy safety).
  • Some of the in style cost apps on the planet.


  • Funds aren’t instantly obtainable in your checking account.
  • Charges are charged for Prompt Switch. 
  • No choice to obtain money.

Launched in 2009, Venmo is a well-liked subsidiary of the fintech big, PayPal. Venmo was initially touted as an effective way to ship funds to buddies, particularly when it got here to issues like splitting the dinner invoice or sharing bills with roommates. Venmo’s cellular app has since gained round 90 million customers, or a few third of U.S. adults. It rapidly grew to become probably the most in style cost apps on the planet.

With Venmo, customers can join a financial savings account, checking account, or perhaps a bank card for funding functions. They’ll use these linked accounts to ship cash to buddies, break up payments, ship presents, or pay companies for on-line or in-person purchases. 

Any acquired funds will be transferred to the checking account of your selecting in a single to 3 enterprise days. Need your money quicker? Prompt Switch offers you entry to your money inside simply minutes for a charge of 1.5% (minimal of $0.25 and most of $15).

Venmo additionally affords a linked bank card, permitting customers to pay for purchases and earn as much as 3% money again. You may even buy and handle a cryptocurrency pockets by way of the Venmo app. And in case you pay for items and providers with Venmo, your eligible buy is protected if one thing goes mistaken. 

Venmo is free to obtain and use. There are charges for expedited withdrawals to a checking account, in addition to a 3% charge in case you ship cash to another person utilizing a linked bank card account (linked checking account funds don’t have any charges). Companies additionally pay a 1.9% charge plus $0.10 of any acquired funds over a greenback.

Greatest for fast transfers between banks: Zelle


  • Funds are deposited into the linked checking account immediately.
  • No charges for both person.
  • Enrollment is safe and sometimes achieved by way of your financial institution’s cellular app or on-line platform.


  • Transfers solely allowed between enrolled customers.
  • Not obtainable by way of all monetary establishments.
  • Linked account is the one funding choice (no sending funds from a bank card, and so on.).

Zelle is a cash switch platform that connects along with your U.S.-based financial institution or credit score union accounts. With Zelle, you’ll be able to immediately transfer cash from one enrolled checking account to the following, whether or not you’re sending funds to a beloved one or paying for one thing you purchased on Fb Market.

Reasonably than these funds touchdown in a intermediary platform after which needing to be withdrawn to a different checking account, Zelle permits you to make transfers that immediately withdraw from one checking account and deposit into the following. Normally, which means that the funds can be found to be used instantly.

With a purpose to use Zelle, each customers should enroll by way of the Zelle cellular app or their financial institution’s on-line banking platform. A U.S. checking or financial savings account is required to enroll. There isn’t any charge to make use of Zelle’s providers, and it’s obtainable by way of greater than 1,700 monetary establishments. 

Zelle isn’t a cost platform, so you’ll be able to’t use it to make on-line purchases by way of a service provider’s web site. You additionally gained’t be supplied any buy safety in case you pay a vendor instantly, and there’s no choice for disputing a switch as soon as it’s been despatched. Make sure you ship Zelle funds solely to people you realize and/or belief.

Greatest for Sending Money: Western Union


  • Out there in additional than 200 international locations and practically all currencies.
  • Transfers will be initiated on-line, through cellular app, or in-store.
  • Recipients can obtain transfers in money, if desired.


  • Home and worldwide transfers are fee-based.
  • Funds transfers might take a number of days to finish.

There are numerous cash switch apps and platforms that make it straightforward to ship funds from one checking account to a different. However what if you wish to ship cash to somebody who doesn’t have a checking account, or you could discover a option to safely ship money both domestically or internationally?

Western Union has been round since 1851 and commenced providing cash transfers as early as 1871. When you may initially ship funds solely between New York, Chicago, and Boston, Western Union now gives cash switch providers in additional than 200 international locations.

With the Western Union app, you should utilize your checking account, bank card, or debit card to ship cash to others, or you’ll be able to deposit money at an in-store location. The recipient can then obtain their funds on the opposite finish in just a few alternative ways, together with choosing up money at an agent location close to them.

The charges for sending funds by way of Western Union range relying on the place you’re sending cash from, the place the recipient is positioned, the way you’re funding the switch, how a lot you’re sending, and the way the recipient will obtain the funds. It takes wherever from a couple of minutes to a number of enterprise days earlier than the funds can be found.

Greatest various to apps to switch cash

Unsure in case you’re snug with a cellular cash switch app? Listed below are two different choices to contemplate.


When you run your individual firm, Lili may also help you handle your enterprise checking and ship or obtain funds through seamless ACH switch. This fintech fees no hidden charges, has no overdraft fees, and units no minimal steadiness or deposit necessities to open or keep an account.

If you could ship cash to others, you’ve gotten the choice of ordinary or categorical ACH by way of linked cost apps. In the case of receiving cash, your Lili account can settle for ACH transfers in addition to fee-free home wire transfers with out limits. There are additionally varied accounting options and software program that make it simpler to handle your enterprise’ bookkeeping alongside the best way.

Apple Money

In case you are an Apple person trying to ship money to different Apple customers, Apple Money is an alternative choice to contemplate. With Apple Money, you’ll be able to ship, obtain, or request cash from others within the Apple household with no charges. 

Transfers will be funded with a linked debit or bank card, checking account, pay as you go card, or an current Apple Money steadiness. You may ship cash by way of iMessage or by tapping the Apple Money choice in your system’s cellular pockets. The recipient then wants to simply accept the cash as soon as their notification arrives, at which period the funds will switch.

TIME Stamp: Match the cash switch app to your wants and recipients

Whether or not you’re trying to pay your babysitter, make a web-based buy, or ship money to your school pupil who’s finding out overseas, there are lots of totally different apps and cellular platforms you should utilize to switch cash or facilitate a cost. A few of these are standalone apps, whereas others are simply built-in with a few of the finest banks and monetary establishments. 

A few of these apps provide free cash transfers to household and buddies whereas additionally offering you with sure buy protections while you purchase from a service provider. Others are designed that will help you ship money internationally safely and affordably. 

Steadily requested questions (FAQs)

How do cash switch apps work?

Cash switch apps work by sending a digital cost, ACH switch, or home or worldwide wire from a sender (who funds the transaction) to a recipient. Relying on the app, these funds is likely to be routinely deposited right into a checking account, readily spent utilizing a linked debit card, obtainable for money withdrawal, or will be transferred to a different linked checking account. 

In some instances, funds will be despatched by depositing money at an in-person location, and might even be picked up within the type of money by the recipient. If funds are despatched from one eligible nation to a different, these apps may even facilitate foreign money conversion from sender to recipient.

How a lot do cash switch apps value?

Many cash switch apps can be found freed from cost, particularly if you’re sending money domestically or to family and friends. Others cost charges on the service provider facet in case you use the app to make a purchase order for items or providers.

There could also be charges concerned in case you decide to switch cash by way of an app utilizing a bank card, want an expedited transaction, or if the money wants to vary currencies. These charges can range from a greenback or two as much as lots of of {dollars}, relying on how a lot you need to ship and the way you propose to fund the transaction.

Are cash switch apps secure?

Most cash switch apps are monetary expertise firms (fintech) with extremely encrypted platforms to maintain your cash and knowledge as secure as attainable. Most of those firms are licensed and controlled by businesses within the U.S. and overseas. Even nonetheless, it’s vital to ship cash solely to folks you realize and belief, as there are only a few (if any) protections obtainable as soon as your funds have been despatched.

How lengthy does it take to switch cash with an app?

Many apps permit you to ship funds to others immediately. Relying on the platform, these funds might must be transferred out to a linked checking account earlier than they are often spent, or they might be instantly obtainable within the account of your selecting. 

Different platforms, particularly these facilitating worldwide transfers, might take minutes and even days earlier than the funds can be found. 

Money App vs. PayPal—which is best?

Money App is a superb selection if you wish to ship cash to others by way of an app with out charges, whereas additionally accessing a linked debit card and even the choice to pay in cryptocurrency. Paypal often is the more sensible choice, nevertheless, in case you’re shopping for items or providers and need buy safety, or finishing a web-based transaction.

Remitly vs. MoneyGram—which is best?

Each Remitly and MoneyGram provide worldwide cash transfers with foreign money conversion and a number of funding choices. With each firms, charges are famous upfront and you may monitor your cash switch each step of the best way. In lots of instances, MoneyGram cash transfers could also be obtainable in as quickly as a couple of minutes, whereas Remitly affords house supply providers for cash transfers, simplifying all the course of on your recipient.

The Revolut USA Pay as you go Visa® and Pay as you go Mastercard® are issued by Metropolitan Business Financial institution pursuant to a license from Visa U.S.A. Inc. for Visa playing cards, and Mastercard Worldwide for Mastercard playing cards, and could also be used in every single place Visa or Mastercard are accepted. Banking providers are supplied by Metropolitan Business Financial institution, Member FDIC, and are topic to the phrases of a Cardholder Settlement. “Metropolitan Business Financial institution” and “Metropolitan” are registered logos of Metropolitan Business Financial institution © 2014.

A be aware from Metropolitan Business Financial institution: Funds in your Revolut Pay as you go Card Account are held at an FDIC insured establishment. Your funds will likely be held at or transferred to Metropolitan Business Financial institution, an FDIC-insured establishment. Whereas there, your funds are insured as much as $250,000 by the FDIC within the occasion Metropolitan Business Financial institution fails if particular deposit insurance coverage necessities are met and your card is registered. See fdic.gov/deposit/deposits/pay as you go.html for particulars. FDIC insurance coverage doesn’t defend your funds within the occasion of Revolut’s failure or from the danger of theft or fraud.