The Best Money-Transfer Apps for Android and iOS

Elroy Mariano

There are countless situations where money-transferring apps can come in handy. Whether you want to repay your friend for covering your bill at the bar or send some cash to your nephew for his birthday, you can use a peer-to-peer money-transfer apps to facilitate the transaction. Best of all, money-transfer […]

There are countless situations where money-transferring apps can come in handy. Whether you want to repay your friend for covering your bill at the bar or send some cash to your nephew for his birthday, you can use a peer-to-peer money-transfer apps to facilitate the transaction.

Best of all, money-transfer apps don’t require you to input your banking information. Find out how you can take advantage of these convenient payment solutions by reading about our top picks below.

If you have a small business, check out our picks for the best payment processors for smartphones.

More than just a new popular verb — “Venmo me” — this app makes it incredibly easy to send and receive money to and from family and friends. Any payments made from your Venmo balance, most debit cards, or a bank account cost nothing to execute, and Venmo charges just a 3% fee for credit cards. It boasts a bank-grade security system, so you won’t have to worry about any shady hackers getting ahold of your financial information, either. You can now enhance your payment notes with animated stickers from Holler.

iOS  Android

If you have friends, family, or business contacts around the globe, Azimo offers fast, cheap money transfers anywhere in the world. Send funds from your phone to any bank account, mobile wallet, or more than 300,000 secure cash pickup locations. Your first two transfers are free of charge. Instant or one-hour transfers are operative in some 80 countries, and the service is available from 25 European countries to more than 200 countries and territories in eight languages.

iOS  Android

There’s a feature in the Facebook Messenger app that allows anyone in the United States to send money through the app. When you’re chatting with someone, simply tap the Dollar Sign located above the keyboard, directly beside the tools for sharing photos and stickers. If you don’t see it, tap the Ellipsis on the right-hand side to bring up a list of additional options. Once you’ve set up your debit or credit card, just type the amount of money you want to send, then tap Pay in the top right corner. More recently, Messenger has rebuilt the app from the ground up with a smaller, faster, and simpler operation.

iOS  Android

If you live in one of the countries that support Apple Pay and you have an iPhone, then you’re in luck. There’s no need to install a third-party app if your contact also has an iPhone. In a conversation, simply tap the A symbol next to the camera icon, then tap Pay. Select the amount and tap Pay. You can also request an amount from one of your contacts. Send the message just like you would any other, and it will ask you to confirm using FaceID, Touch ID, or a passcode. Apple Pay Cash is also compatible with iMessage on your Apple Watch, and you can even use Siri to send cash. While the money is available in your Apple Pay balance immediately, it does take a few days for it to transfer to your bank account.


The old Google Pay Send has been folded into Google Pay, which makes it easier than ever to send and request money from friends within the U.S. You can use your fingerprint sensor to access the app, and choose to send or request money via the Send tab at the bottom right in the Google Pay app. Google Pay has a minimal and easy-to-understand user interface, and money can be transferred into the bank instantly. You can also request the same amount of money from up to five people at once and have the app split the charge for you, which is ideal for settling restaurant bills. You can also import loyalty cards, promo codes, and more directly from Gmail.

iOS  Android

PayPal is one of the oldest money transfer applications available. Though receiving and sending funds can take a while longer, you can also use PayPal to pay for purchases at various establishments, and it’s capable of handling international transfers. It’s free for friends and family to send and receive money.

iOS  Android

With just a simple link to your debit card, Square Cash allows you to quickly send, receive, or request money from friends and family. Perhaps its most useful feature is how quickly money is deposited into your bank account once a transaction is complete.

iOS  Android

Zelle has teamed up with banks and credit unions in the U.S. to provide a safe and easy way to transfer funds to friends and family. The money moves directly from bank account to bank account, so if your bank or credit union offers Zelle, you already have it in your mobile banking app or online banking. With your recipient’s email address or mobile phone number, you can exchange funds with no transaction fees. You must have a U.S. bank account to use the service.

iOS  Android

Though Chase customers have access to a slew of banking options within Chase’s smartphone application, non-customers with valid email addresses also have the ability to send and receive money using the bank’s QuickPay feature. Recent updates let you earn statement credits by using Chase Offers with your eligible credit and debit cards. You can also get new Snapshot features, including monthly credit and debit card usage, cash flow, and category spending tracking. The app now lets you use Quick Actions to customize shortcuts to some of your account features, easily search your transactions, and review a summary of your spending.

iOS  Android

Not only does the Western Union app allow you to transfer money among friends and family, but it grants you the ability to send it to over 200 countries and territories. It also lets you know how much your money transfers should cost and provides all Western Union branch listings.

iOS  Android

You can safely, securely, and swiftly send money to friends and family in more than 140 countries with WorldRemit. It’s easy to use, and the exchange rates are generally pretty decent. You can also choose how the recipient should receive the money, and they’ll get SMS or email alerts when the transfer is complete.

iOS  Android

Bank of America’s smartphone application not only cuts down on the amount of time you need to spend at a branch, but it allows you to securely send and receive money to anyone (non-customers, too) via a phone number or email address. The newest version lets you add an emoji to your message when sending or requesting money with Zelle. With a new card, you get a reminder of which companies have it on file so you can update your info. You can get real-time alerts for credit card purchases.

iOS  Android

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