The 9 Best Ways to Transfer Money

Sending money to friends and family is so common nowadays that “Venmo” has entered the lexicon as an actual verb.

And while peer-to-peer payment apps like Venmo and Cash App are certainly the most convenient ways to pay your friend back for concert tickets or split a bill at dinner, some people need to send much larger sums of money, often internationally, to support families back home.

Fortunately, the average person now has access to a multitude of safe and affordable ways to send and receive money — but some are certainly safer and cheaper than others.

How to Transfer Money

Stuffing an envelope full of cash, slapping a stamp on the corner and dropping it in a blue United States Postal Service (USPS) box is certainly convenient, but it’s probably the least safe way to send money nowadays. To securely send money to a friend or family member, consider one of these options:

  • Money transfer apps
  • wire transfers
  • Paper checks
  • Money orders
  • Linked bank accounts

What Are Money Transfer Apps?

Money transfer apps are a form of peer-to-peer payment using smartphones (or at least a computer connected to the internet). Popularized by PayPal, which is commonly used as a payment platform for small business owners and freelancers, money transfer apps are now a dime a dozen.

While it’s nice to have a choice, it can be frustrating when someone owes you money and you use separate apps. One of you will have to give in and download the app the other is using. “Do you have a Cash App?” is the new “Is Pepsi OK?”

Not sure which online service to use? We rounded up the best money transfer apps of 2022, including:

  • PayPal
  • Venmo
  • Zelle
  • Cash App
  • Facebook Pay
  • Apple Pay
  • Google Pay

We’ll dive into some of these apps more below.

What Are Wire Transfers?

Wire transfers certainly predate money transfer apps and are a relatively secure (but costly) way to send large sums of money, domestically or internationally. You’ll work with a bank, credit union or…



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