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What money app sends money instantly?

You can also use PayPal Instant Transfer for a fee and transfer funds immediately. PayPal offers versions of its app for iOS, Android, and Windows. It takes just minutes to download and start transferring money from up to multiple people at once.

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PayPal Learn More

The app's robust offerings, mixed with speed and convenience, put it squarely in the winner's circle. PayPal's brand name awareness elevates it to the best overall category.

Pros Name/brand recognition cultivates instant trust

Easy to install and use

Fast and secure Cons High transaction fees

May hold money

Difficult customer service

PayPal's wide range, versatile, flexible, secure, and easy-to-use money transfer tools put it above the rest. You can transfer money for free from a PayPal balance, bank account, or Amex Send account. You can also use PayPal Instant Transfer for a fee and transfer funds immediately. PayPal offers versions of its app for iOS, Android, and Windows. It takes just minutes to download and start transferring money from up to multiple people at once. You can share a PayPal.Me link for a quick and secure payment option. PayPal's invoice creation feature also allows you to customize and track every invoice you send. You can send up to $60,000, but PayPal may limit the transaction to $10,000, depending on the currency you use. If you accidentally send money to the wrong person, you can reach out to the contact and ask for a refund. If the individual doesn't respond, you can open a dispute in PayPal's Resolution Center. You can tap into your PayPal balance to keep money in your account with the PayPal Cash Card, a debit card with a daily spending limit of $3,000 and a daily cash ATM withdrawal limit of $400 with a limit of 30 transactions per day. Users pay 2.90% plus a fixed fee to send money via a credit card. PayPal charges 5.0% to send international personal transactions using a PayPal balance, bank account, or through an Amex Send account. PayPal keeps your information secure using sophisticated encryption. The company monitors transactions 24/7 and offers dispute resolution if you have a problem with a transaction. PayPal limits transfers to U.S. banks only and can connect with most U.S. banks and credit unions. Unfortunately, some banks, including online-only or prepaid bank accounts, can't give you access to PayPal.

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