The Best Money Transfer Apps of 2022

Written by: BestApp.com App Testing Team - Updated: Mar 25, 2022

    Best Money Transfer Apps Badge

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

PayPal App feature

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

Venmo App feature

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

Cash App App feature

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

Zelle App feature

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

WorldRemit App feature

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

Google Pay App feature

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

Western Union App feature

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

Azimo App feature

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

Wise App feature

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

OFX App feature

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