Best Money Transfer Apps and Platforms in 2022 (TOP 10)

184
Best money transfer apps and platforms in 2022, you can use their app and platform to send money to anyone internationally

The top 10 Best money transfer apps and platforms in 2022, you can use their app and platform to send money to anyone overseas – read via Afrokonnect.

No doubt with more technological advancements being made, it has become easy to transfer funds internationally,

Even if you are a Nigerian, Ghanaian, South African or from anywhere in the world this article is for you.

The article discusses the following topics extensively;

  • BEST PLATFORM TO SEND MONEY AND RECEIVE INTERNATIONAL FUNDS IN AFRICA
  • WHAT IS THE BEST WAY TO SEND MONEY TO NIGERIA, GHANA, KENYA AND SOUTH AFRICA?
  • WHAT IS THE BEST APP TO SEND MONEY TO NIGERIA

The aricle also answers some frequently asked questions like;

  • HOW DO I RECEIVE MONEY INTERNATIONALLY IN NIGERIA
  • HOW DO I RECEIVE A WIRE TRANSFER IN NIGERIA?

So, without further ado let’s dive into the main article.

MONEY TRANSFER APPS AND PLATFORMS

Money transfer platforms are apps and websites that allow a seamless and stress-free transfer and receiving of funds from anywhere in the world.

These platforms have various features like exchange rate alert, permission to hold in multiple currencies, option to save and invest funds and sending of airtime among others.

They offer these services while charging a small fee and users can make their choice on what plaform to use depending on what suits their needs,

Which is why we made a list of the best apps and platforms you can use to send funds to anywhere in the world.

TOP 10 BEST MONEY TRANSFER APPS & PLATFORMS IN NIGERIA 2022

1. Azimo

Azimo is an online remittance service which was founded in 2012,

They have grown over the years to become one of the fastest and most reliable means of sending money internationally,

Not just to Nigeria but to over 150 countries in about 80 different currencies.

Besides being a very fast means of sending money, Azimo also offers secure payments and is very easy to use.

Currently, the app has over 40,000 five-star reviews, which is a testament to its effectiveness as a money transfer platform.

Through the app, money can be sent to Nigeria in various ways, including; cash pick-up and bank deposit.

Both ways involve 3 similar steps which are to set a transfer, pay for the transfer and pick up or receive the money.

The Azimo app also has currency alerts for the Nigerian naira which indicates the best time to send money.

You’re also able to track your money transfer via email which adds more security. 

2. Flutterwave

Flutterwave is a fintech company that specializes in providing a payment platform for service providers across Africa,

It was founded by Olugbenga Agboola, Adeleke Adekoya and Iyinoluwa Aboyeji in 2016,

Flutterwave has operations in Nigeria, Ghana, South Africa, Kenya and 7 other African countries.

It is one of the safest and most reliable payment means in Africa,

You can send and receive money through various ways including; Flutterwave API, payment links, flutterwave store, invoices, events and the flutterwave mobile app.

3. WorldRemit – Best money Transfer Apps and Platforms 

If you’re looking for a platform that offers low cost money transfers, then worldremit is a smart choice,

With their app, you’re able to send money online under a few minutes to over 130 countries,

Another bonus is that your first 3 transfers with them is free.

Their website or app allows bank transfers, cash pick-up, mobile money and airtime top-up,

With the app and website, you don’t have to worry about unauthorized login attempts because they are designed to keep intruders out with strict verification processes.

4. Eversend

Eversend is a mobile-only Africa-focused, money transfer platform that allows its customers to pay bills, transfer money and send airtime to their beneficiaries in Africa.

Besides money transfer, Eversend also allows online shopping, exchange and save with their virtual debit card,

The app is easy to use and user friendly after being dowloaded.

Some basic personal information like your name, email address, date of birth etc is required to set up an account and to be verified,

You need to submit a government issued ID and a selfie for identity verification.

Eversend charges 1.5-3.5% on the foreign exchange rate but sending money to another eversend wallet or sending airtime attracts no charge.

Best money transfer Apps and Platforms

5. RIA Money Transfer

RIA money transfer is one of the biggest money transfer companies in the world.

Access bank, United Bank for Africa, GTBank, Polaris bank limited, Diamond bank, Wema bank, Fidelity bank and Enterprise bank are some of the banks in Nigeria that support RIA money transfer.

To send money to Nigeria through them, you have to visit their website at www.riamoneytransfer.com,

You need to register a new account for free if you don’t already have one.

Then, you fill in the necessary fields and required information and then you can transfer money around the world.

6. SendcashAfrica

Launched in 2020, sendcash is a platform for people to send funds to Nigerian banks from anywhere in the world within minutes.

Here’s a brief explanation on how sendcash works,

What sendcash does is that it links your Nigerian bank account to a bitcoin wallet address.

Therefore, when anyone from anywhere in the world sends bitcoin to that address, the naira eqivalent is automatically transferred into your bank account.

Sendcash is fast, affordable and easy to use as the receiving party does not have to know how bitcoin works.

If you also don’t have good knowledge about Bitcoin you can read about Bitcoin Vs Gold Investments, which one is Better and everything you need to know investing in Cryptocurrency .

7. Remitly – Best money transfer app and Platform 

Remitly though mainly created for immigrants, is also a safe global bank for everyone.

It is a registered international remittance service that operates in over 15 send countries and 50 receive countries,

It also uses a high-level data security which eliminate the problem of data thieving and hacking attempts.

Accounts are always verified to avoid fraud and encrypted connections are used to protect your data,

Another bonus is that your account is protected such that it locks after several unsuccessful payment attempts to protect you from fraud.

I also recommend you read our previous article about best ways to protect your social media accounts.

8. TransferGo

TransferGo company was founded in 2012,

And, it is a platform that is available in over 30 sending countries and 45 receiving countries.

TransferGo is among the Best money transfer apps because of a number of reason,

Notably, their platform is a secure, quick and the low cost transfer fee encourages money transfer worldwide.

Here’s a summary of how transferGo works,

  • First you create a new account if you don’t already have one,
  • Then, you confirm identity by verifying yourself,
  • Input your transfer information, send the money and then,
  • Verify the transfer and the transfer is initiated. 

9. Paystack

It is an online money transfer platform that permits users to make stress-free, undaunting payments.

It is a platform that allows merchants receive payment from clients using verve card, mastercards and visa cards anywhere in the world.

Payments can be accepted in US dollars or Naira,

An advantage of using this platform is that it requires absolutely no previous tehnical experience and after signing up, you can start receiving your money.

10. MoneyGram

This is also a safe, secure and reliable way to send and receive money across countries,

Moneygram also offers options for receiving money transfer; either it’s paid to a bank account or cash pick-up but for Nigerians, payments can only be made in US dollars.

BEST PLATFORM TO SEND MONEY AND RECEIVE INTERNATIONAL FUNDS IN AFRICA

1. PayPal

The PayPal app and website allows you to send, receive and make payments online,

The app also has a buy now, pay later feature and a crypto feature which makes it one of the best money transfer apps and platforms,

Personally I’ve been using PayPal since 2018 and I’ve never had an issue with their services.

Official Website: www.paypal.com

2. CurrencyFair

The website promises affordable, swift and safe money transfer,

It aid it’s customers in accessing real exchange rate and only charge a small transparent margin on transactions.

Official Website: www.currencyfair.com

3. Wise – Best money transfer App and Platform 

In 2022 wise has become one of the most used platforms and app to send and receive international funds in Africa,

It has a special feature that allows users to hold, receive and spend money in various currencies.

You can also convert between them at the real exchange rate.

Official Website: wise.com

4. Xoom

Xoom is a subsidiary of paypal and its website is recognized as a very secure and safe way of transferring money,

Because PayPal is already an established app for sending and receiving funds,

Xoom has also been trusted by thousands of clients around the world.

Official Website: www.zoom.com

5. Makeba

Makeba enables secure and swift cash transfer at a cheap rate,

they are known for their affordable rate and prompt customer service response.

Official website: www.makeba.money

WHAT IS THE BEST WAY TO SEND MONEY TO NIGERIA, GHANA, KENYA AND SOUTH AFRICA?

6. Chipper Cash

It is a very easy to use app that allows you to send and receive cash and also to buy and sell bitcoin across Africa,

Chipper cash is one of the fastest growing platforms in the world, it’s among the best money transfer apps currently,

This is largely as a result of their efficient service delivery.

Official website: chippercash.com

7. Western Union

It is a money transfer service that allows easy sending of money online and tracking of transfer online,

However, with western union there’s a transfer limit of 500USD per day.

Western union is one of the traditional ways of sending funds internationally, trusted by millions of people around the world.

Official website: www.westernunion.com

8. Simbapay

Simbapay is a licensed money transfer platform with an app that allows you send money to Ghana, Nigeria, Kenya and Uganda and so many other countries.

Official website: www.simbapay.com

9. Wakanda Messenger or Kemit Kingdom

It is a social media messaging app that comes with various features among which is a digital wallet that permits speedy transfer of funds.

Official website: wakandamessenger.com

10. Payoneer – Affordable money transfer App

I started using Payoneer in early 2021 and I’ve been enjoying their app and transfer platform so far,

Payoneer allows you to request payment from clients anywhere in the world,

It is very useful if you offer services to international clients.

With Payoneer you can send and request funds in USD, GBO and EURO,

The interesting feature is that you can transfer money to another client that uses Payoneer with no extra charges.

Another thing I like about Payoneer is that you don’t have to give unknown clients your Main account details,

The Payoneer app will offfer you account details connected to your wallet and from your wallet you can withdraw to your main account easily.

WHAT IS THE BEST APP AND PLATFORM TO SEND MONEY TO NIGERIA?

Their are several amazing and secured apps you can use to send money to Nigeria,

Below are our recommendations based on a research and facts on the internet;

  • Venmo
  • Cash App
  • Online Bill pay

So far, best platform to send money and receive international funds in Africa has been discussed and the questions; what is the best way to send money to Nigeria, Ghana, Kenya and South Africa? What is the best app to send money to Nigeria? have been answered.

Now, we look at some FAQ;

  • HOW DO I RECEIVE MONEY INTERNATIONALLY IN NIGERIA?
  • HOW DO I RECEIVE A WIRE TRANSFER IN NIGERIA?

Most affordable and Best money transfer apps and Platforms

FAQ

Before then, the video below is about cheaper ways to transfer money overseas;

HOW DO I RECEIVE MONEY INTERNATIONALLY IN NIGERIA?

You can receive money internationally in Nigeria through the use of the various apps already mentioned in the article,

You can also choose to pick-up the money at designated pick up positions locations or have it sent to your bank account or app’s wallet as the case may be.

Below is a list of the 10 best apps and platforms to receive and send money to someone internationally;

  1. Paystack
  2. Western Union
  3. Chipper Cash
  4. Wise
  5. PayPal
  6. Currency Fair
  7. MoneyGram
  8. World Remit
  9. RIA Money Transfer
  10. Flutterwave

HOW DO I RECEIVE A WIRE TRANSFER IN NIGERIA?

To receive a wire transfer in Nigeria follow the steps below;

  1. Provide your account details to whomever is making the transfer
  2. Ask your bank for correct instructions
  3. Receive the money in a day or two.

In conclusion, there are numerous money transfer platforms for Nigerians and Africans,

Learn all you can about the featues and charges and then make your decision according to what suits you the most.

MUST READ:

  • How to Start a POS Business with little capital – Best Point of Sale Systems

Best money transfer apps and platforms in 2022, you can use their app and platform to send money to anyone internationally

Congratulations you’ve made it to the end of this article about the top 10 Best money transfer apps and platforms in 2022, use the app and platform to send money to someone internationally – via Afrokonnect.

Cheers!

Leave a Reply