7 best Apps to Transfer Money around the world

There are many different ways to send and receive money nowadays. You can use cash, check, or even credit cards. But with the advent of mobile payment apps, there are now even more options available. These apps tend to provide you with a secure way to get in touch financially to close people- wife, friend, brother, mother, or sister

Some of the most popular money transfer apps include:

1.  Venmo

Venmo is a digital wallet that lets you make and share payments with friends. It’s the easy way to pay and get paid whether you’re splitting a dinner bill, chipping in for a group gift, or paying back a friend for tickets to the game. The app is free to download and sign up for. All you need is an email address or U.S. mobile number to start sending and receiving money.

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2.  Cash App

Cash App is a mobile payment service developed by Square, Inc., allowing users to transfer money to one another using a mobile phone app. Cash App also allows its users to invest in stocks, bitcoin, and other cryptocurrencies. As of February 18, 2018, the service had 7 million active users.

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3.  Zelle

A cell app is a computer program designed to run on a mobile device such as a phone or tablet. They are typically available through app stores which are operated by the owner of the mobile operating system, such as the Apple App Store, Google Play, or Windows Phone Store. Some apps are free, while others have to be bought. Usually, they are downloaded to the device rather than being run from the web.

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4.  PayPal

PayPal is a US-based online payments system with over 250 million users worldwide. PayPal allows customers to send, receive, and hold funds in 25 currencies from 202 countries. It also offers merchant services for businesses to accept payments online, through invoices, or in person using mobile devices. PayPal charges a small fee for each transaction and offers buyer protection for certain types of purchases.

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5.  Google Pay

Google Pay is a digital wallet and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches.

Google Pay uses near field communication (NFC) to transmit card information securely to the merchant’s terminal. It can also be used to make online purchases on websites that support Google Pay. Google Pay does not require a specific app to be installed on your device; rather, it uses the existing NFC infrastructure on compatible devices.

Google Pay is currently available in the United States, United Kingdom, Ireland, Australia, New Zealand, Singapore, Poland, Romania, Belgium, Czech Republic, Slovakia and Ukraine.

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6.  Apple Pay

Apple Pay may be a versatile installment and advanced wallet service by Apple Inc. that permits clients to create installments in individual, in iOS apps, and on the internet. It digitizes and can supplant a credit or charge card chip and Stick exchange at a contactless-capable point-of-sale terminal. It is comparable to other versatile installment frameworks like Google Pay and Samsung Pay. Apple Pay does not require Apple Pay-specific contactless installment terminals; it works with any vendor that acknowledges contactless installments.

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7. Square Cash

Square Cash is a peer-to-peer payment service developed by Square, Inc., allowing individuals to transfer money to one another using a mobile phone app. Funds are transferred directly from one user’s bank account to another user’s bank account, and can be used with any U.S.-based bank account. The service is similar to Venmo, but unlike Venmo, transfers are immediate, and there are no fees for using the service.

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