Money transfer apps, also known as mobile payment and peer-to-peer (P2P) apps, marry convenience and security by allowing users to digitally send money to friends, make contactless payments, and shop ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

Remitly is a well-established brand in the money transfer market with good customer service reviews. It offers a range of methods for sending and receiving money – including in-person collection – and ...