10+ Apps like Movo for mobile banking

movo app

Looking for an app to instantly spend and send money without the use of your bank account? Then keep on reading because we will feature the 10 best apps similar to Movocash.

MOVO is an app in the business & commerce category that enables users to transfer the money instantaneously from a mobile device, even without a bank account. Here is the list of 10 Movo alternatives available on Android and iOS.

Apps like Movo

1. PayPal

There’s a good probability that you already have a PayPal account if you often shop online. Similar to Cash App, this app allows you to send and receive payments. You may also use your account to conduct a variety of overseas transfers. Your recipient will also require a PayPal account to receive the funds.

In terms of peer payments, PayPal also provides a wide range of account features, but the greatest drawback is arguably the cost. From the US, you can send a domestic personal payment for free using your PayPal balance or a linked bank account, but most credit card transfers include a 2.9 per cent fee. No matter how you fund them, international payments have a 5 per cent fee that is significantly higher, plus currency conversion costs.

Paypal can be downloaded using an Android or iOS phone.

2. Wise

The Wise multi-currency account can be the best option for you if you require a cheap, quick, and simple method of sending overseas payments.

Wise payments frequently arrive promptly and can be up to 6 times less expensive than traditional banking. You can receive payments like a local from 30 different countries, keep 50+ currencies in your account, and send money out in 80+ currencies. Payments are always made using the mid-market exchange rate, with transparent, affordable fees and no worries about additional expenditures.

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Another best thing about this app is it can be used by both Android and iOS users.

3. Venmo

Venmo offers a convenient way to transfer and receive money from friends and family in the US, much like Cash App does. It includes some wonderful social features that make it easy to chat, like, and comment when you give, request, or receive money. It’s ideal for dividing a bill or paying your rent, for example. You can fund transfers using your external funding source or any existing Venmo balance if you link your Venmo account to a bank account or your preferred payment card. Only Android users can benefit from this app.

The biggest drawback of Venmo, like many other peer-to-peer payment experts, is that the service is only offered in the US. You’ll need an alternative if you want to send money to a friend who lives abroad.

4. Payoneer

If you’re a business owner, independent contractor, or e-commerce seller, Payoneer is a fantastic Cash App substitute. You can receive payments in a variety of currencies through marketplace platforms, clients, and other businesses using Payoneer business accounts and solutions. You can access working capital, pay your suppliers or business taxes, and receive payments into local receiving accounts.

Both Android and iOS users can download this app and enjoy its perks.

5. CoinBase

Do you have Bitcoin? Ethereum? LiteCoin? Or other cryptocurrencies?

If you have cryptocurrencies, and you want to trade them and use them to pay bills then this app is perfect for you whether you’re an Android or iOS user. It’s easy and secure to buy, store, trade, and sell cryptocurrencies with this platform. You can use this app in building your portfolio, earning interest, and keeping up with market news regarding cryptocurrencies.

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Coinbase also lets you transfer its cryptocurrency exchange by linking it to your bank account.

6. Cash App

Customers can send and receive payments via Cash App, make purchases using a linked card, receive direct debits early, and invest. Cash App payments can be sent instantaneously using just the recipient’s cashtag username or basic contact information. This app is available to Android users.

While it’s a terrific way to send and receive money in the US — or even make a transfer to someone in the UK — its overseas alternatives are restricted.

7. Skrill

Skrill offers fast and secure money transfer service. You can even exchange cryptocurrencies using this platform and send money from a local bank account to a nternational account just for free.

Android and iOS users will be empowered to pay money online using this app.

8. Neteller

Another digital wallet that you can download using an Android or iOS phone, Neteller can send and receive money, play online games, and access prepaid card services whenever and wherever you are.

The best thing about this platform is it has zero fees when transferring money overseas.

9. WorldRemit

WorldRemit is an international money transfer and remittance service that offers services in more than 130 countries and over 70 different currencies.

Compared to the majority of traditional banks and money transfer providers, this app provides better exchange rates and lower fees for iOS and Android users.

10. Remitly

Remitly offers low costs for transmitting and no fees for receivers of money. This safe money transfer app can send money with a debit card, credit card, or bank account linked to your account. You can download this app using your Android or iOS phone and send money or cash to more than 3,000 banks and 350,000 cash pickup locations worldwide.

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Your preferred MOVO substitute will depend on the kind of payments you intend to send and receive. All of the money transfer apps we’ve mentioned here provide a variety of services, which makes them better suited to meet particular client requirements. Some focus on domestic transfers within the US and include a variety of features, while others focus more on mobile payments and provide simple ways to send money to bank accounts.

Discover the best of these apps by downloading them to the play store. Make sure to read the customer reviews before choosing an alternative.

FAQs

What is Movo?

The Movo app is a no-brainer for anyone who’s ever had to do any of the following:

  • Send money to your friends or family
  • Get money from them—or anyone else
  • Split a bill with someone

If you’ve ever done any of these things (and we’re going to assume you have), we’re here to help. The Movo app makes it easy to send and receive money with zero fees and no fuss. We’ll even put your money in your account immediately. Every time.

The Movo app works right away. No hassle, no headache. It’s fast, simple and secure.

We’re proud to say that once you use it, you will never want to use anything else again!

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