.svg)
Opting for money transfer apps
As far as mobile services go, Cash App is widely considered to be a safe and reliable P2P app, but does not support international payments.
Users of the app will need to use a money transfer app instead.
Cash App against the alternatives
Firstly, apps from money transfer companies are like Cash App, but actually offer international transfers.
They're also more cost effective than banks and other app alternatives like PayPal.
Here's how they stack up:
Method | Detail | Mid-Market Rate | Exchange Rate ($1 = €XX) | Fees | Received amount |
|---|---|---|---|---|---|
Money transfer company | A company online, or through an account manager, offering competitive rates on international transfers. | 0.9302 | 0.9378 | $6.42 | €931.73 ✅ |
Bank account | Every day banks, like Chase, offer weaker exchange rates and slower transfers. | 0.9302 | 0.9058 | $5.00 | €900.80 ❌ |
PayPal | Apps like PayPal generally offer the worst exchange rates and add a fee percentage on top. | 0.9302 | 0.8996 | $4.99 + 4.5% | €858.64 ❌ |
Cash App | Cash App does not offer international money transfers. | Not possible | Not possible | Not possible | €0.00 ❌ |
While Cash App can not be used internationally, it does have uses for domestic and P2P transfers.
Cash App is primarily used to send and receive money: users search for contacts by entering their recipient’s name, phone number, or $Cashtag username. Payment requests are also submitted this way, with both parties notified once payment is made.
The key features of Cash App include:
Send and receive money domestically, quickly and conveniently
Receive a free Cash App debit card
Open a free Cash App account separate from your bank account
The alternatives in detail
If you plan to use Cash App to make an international transfer outside the UK or US, we recommend using a money transfer company. All of them offer fast, affordable, and secure alternatives.
Wise is one of the most well known and popular money transfer options. The company is similar in price to Zing's 0.2%, with prices starting around 0.35%. Again, you'll pay around 4-5% with PayPal.
Like Zing, Wise offers a number of other features as well, including local currency accounts. Again, the app is quick and easy, can sync to bank accounts to make payments easier and has a P2P option within it.
Overall, it's a great alternative to Cash App for for international transfers. It's also a good choice for small, regular transfers and for travel money when travelling as well.
Exchange rate | 0% (mid-market rate) |
|---|---|
Fees | from 0.35% |
Virtual cards | Yes |
Supports P2P | Yes |
Open banking and syncing | Yes |
- Fees for Wise are 0.35%, but you pay the mid-market rate on transfers
- The app is one of the cleanest to use, and syncs nicely with desktop use should you need it
- Instant transfers to other Wise users through the P2P offering, with 96% of transfers (based on Wise data) arriving the same day
- Wise has taken a bit of slack for its customer service levels when needed. The account is mainly online, so speaking to someone at Wise can be difficult
Revolut is a neobank that offers the widest coverage for P2P transfers within its app, making it a solid Cash App alternative.
Revolut is very much app first, and the P2P payment option, which is international, can make it an effective replace to Cash App for most users.
Transfers through the P2P option are immediate and exchange rates are competitive at around 0.4%, although you pay an additional 1% at weekends.
For regular transfers between countries, or sending money home, Revolut is a great option.
Exchange rate | from 0.4% |
|---|---|
Fees | Based on the transfer, from around 0.5% |
Virtual cards | Yes |
Supports P2P | Yes |
Open banking and syncing | Yes |
- Whilst offering an alternative to Cash App, you also get interest on USD, GBP and EUR balanaces
- Recently launched RevPoints, that can be turned into air miles or hotel stays
- Users can send to a wide range of countries (160) and over 70 currencies
- Limits on transfers are low ($1,000) before you need to pay monthly, but it is the perfect option for transfers between friends and family
WorldRemit is an alternative to Cash App that offers a few different pickup methods for the funds. This includes airtime and mobile money transfers.
There is no P2P payment option with WorldRemit in the same way as the Zing, Wise or Revolut and rates and fees combined make them a little higher in cost than the others on the list.
This being said, for access to African markets in particular, as well as the alternative withdrawals methods, they are a great option.
Exchange rate | 0.5% - 1.25% |
|---|---|
Fees | from $1.99 |
Virtual cards | No |
Supports P2P | No |
Open banking and syncing | Yes |
- Customers can access airtime and mobile money transfers into Africa in which most other apps do not
- Supports open banking and syncing to the accounts for faster transfers
- Access is limited in European markets
Payoneer is a money transfer provider aimed at businesses and freelancers, with a P2P platform within it.
For those working on the move, it is the best alternative to Cash App.
It is slightly more expense based on the exchange rate, which is at around 2%, but does also sync with marketplaces for selling or offering services.
Overall, it's a specific alternative for freelancers who may want to send and receive international business payments more effectively than you can through Cash App.
Exchange rate | 2% |
|---|---|
Fees | Up to 3% |
Virtual cards | Yes |
Supports P2P | Yes |
Open banking and syncing | Yes |
- Access to a professional P2P network for international business payments
- Offers access to 9 local currency accounts with cards for spending through the app
- Comes with account management and support that you wouldn't get with Revolut, Wise or Zing
- This is a business app only, so would not be suitable for personal use
Where is PayPal?
PayPal is maybe the app that comes to mind when considering alternatives to Cash App for international transfers. But you should avoid it.
International transfers with PayPal come with high fees and bad exchange rates. As outlined above it is even more expensive than transferring with a bank.
We will only ever recommend sending money with an app we think offers a great service, and good value for money.
Finding the right provider
Exchange rates
The exchange rate have the biggest impact on the cost of a transfer.
Different alternatives will offer different rates and this will be shown as a percentage.
The lower the percentage, the cheaper the alternative will be.
Fees
Fees sometimes added to the cost of a transfer.
This may be as a percentage of the amount sent, or could be a set fee.
No fees does not necessarily mean cheaper alternatives when paired with the exchange rate.
Speed
P2P transfers are often instant, but not all money transfer companies offer these.
To get the fastest Cash App alternative, it is best to search for live rates.
Certain companies will offer faster transfers.
Coverage
If you are looking for an alternative for ongoing use, consider the coverage.
Apps like Wise or Zing will give global coverage and local accounts.
Money transfer companies will offer more than just international transfers.
Compare for your transfer
Cash App efficiently serves its US and UK-based customers, but is not fit for international money transfers.
We strive to provide the most useful and up-to-date information about money transfers in a bid to help customers save money when sending money across borders.
Help & FAQ
Get answers to the most common questions asked when sending money abroad. Covers costs, fees and the best way to compare.
