Money Transfer App

byPaytm Editorial TeamLast Updated: August 12, 2025

Meaning

A Money Transfer App is a mobile application that allows you to send and receive money instantly using bank accounts, UPI, or wallets.

Key Features

  • Instant fund transfers
  • Secure authentication methods
  • Bill payments and recharges
  • Transaction history tracking

These apps make peer-to-peer and merchant payments quick and easy.

You May Also Like

CMS Full Form & MeaningLast Updated: February 14, 2025

What is the full form of CMS in banking & finance? The full form of CMS is Cash…

UPI Transaction IDLast Updated: September 22, 2025

Definition A UPI Transaction ID is a unique number generated for every UPI payment. Meaning of UPI Transaction…

White-Label ATMLast Updated: August 19, 2025

Definition A White-Label ATM is an automated teller machine owned and operated by private companies, not banks. How…

Multi-factor AuthenticationLast Updated: August 12, 2025

Definition Multi-factor Authentication (MFA) is a security process that requires users to provide two or more verification factors…

Digital OnboardingLast Updated: August 12, 2025

Meaning Digital Onboarding is the process of registering new customers or users to a digital platform or financial…