Bottom line: The last best payments app on our list is Xoom, a service that PayPal developed to make it easy to send money internationally. Money can be sent to a bank account, debit card ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Wise is our top pick for international and large transfers, but other apps ...

(Read our methodology for more information on how we choose the best money-sending apps.) Best apps to send money Best for budding investors: CashApp Best between friends: Venmo Best for flexible ...

More and more people are using payment apps to send and receive money. But keeping money in the apps could be risky and means ...

allowing you to transfer money to your bank account or spend money directly from the app. However, international transfers come with high fees, so PayPal is better suited for domestic transfers.

You can send money, request money ... as it only supports U.S.-based banks and credit unions. Other apps, like PayPal and Xoom, also work well for international payments. You may not be able ...

This change in reporting requirements will require third-party payment apps to send the IRS a 1099-K for earnings over $5,000 ...

Digital remittances are changing how money is sent across borders. With advancements in technology, these services have ...

PayPal’s $890 million acquisition of digital money transfer company Xoom reflects the company’s ongoing efforts to retain and build on its status as a mobile payments leader as competition in ...

We now have a wide variety of money transfer apps, which can make transferring funds a breeze for both the sender and receiver. Money transfer apps are becoming increasingly popular, too ...

Aside from scams, one risk when using payment apps is that you’ll accidentally send money to the wrong person. Getting those funds back can be a challenge, so confirm the person's handle before ...