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.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

Cybersecurity in BankingLast Updated: July 31, 2025

Definition Cybersecurity in Banking refers to the practices, technologies, and tools used to protect digital financial systems from…

UPI with RuPayLast Updated: July 24, 2025

Definition UPI with RuPay allows users to make payments using their RuPay credit cards via UPI apps, just…

Unified Grievance RedressalLast Updated: August 19, 2025

Definition Unified Grievance Redressal is a system that helps customers raise and track complaints related to digital payments…

MDRLast Updated: September 22, 2025

Meaning of MDR MDR stands for Merchant Discount Rate. MDR is the fee charged to merchants for accepting…