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

UPI Transaction QueueLast Updated: October 21, 2025

Meaning UPI Transaction Queue is a temporary line-up of pending transactions waiting to be processed by banks. Purpose…

Pay RequestLast Updated: July 11, 2025

A Pay Request is a UPI-based prompt that allows users to initiate a payment to another user or…

BHIMLast Updated: July 11, 2025

Introduction BHIM is a government-developed UPI mobile application that enables fast, easy, and secure digital payments directly from…

Financial LiteracyNovember 5, 2025

Meaning Understanding how to manage money effectively and make informed economic choices.Core Definition Financial literacy is the ability…

PPILast Updated: August 12, 2025

Definition The full form of PPI is Prepaid Payment Instruments. These are methods that store prepaid value for…