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Updated by Junaid Titans on May 29, 2020
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Top 10 Online Money Transfer Companies

Here's a list of top ten Money Transfer Companies with worldwide money transfer services.

3

ACE Money Transfer:

ACE Money Transfer:

ACE Money Transfer Service has been doing its job for the last 17 years and has grown to almost 100 countries. ACE has earned the reputation of the most reliable online money transfer company because of its fast, consistent, and stable services.

1

PayPal:

PayPal:

PayPal – primarily associated with providing payments to its parent company, eBay – was originally established in 1998 as a fund transfer provider for Palm Pilot users. It, therefore, seems logical that the company has moved into the world of online remittances.

2

Western Union:

Western Union:

It started as a telegraph company in 1851 may have been one of the best-known brand names for money transfer. In addition to offering services over traditional service counters, Western Union also allows customers to transfer funds via telephone, mobile phone, etc.

4

Google Wallet:

Google Wallet:

The Google Wallet mobile payment system allows users to send or ask for money via Gmail. Any money earned and deposited in the Google Wallet can be spent directly or withdrawn from the ATM using the Google Wallet card.

5

MoneyGram:

MoneyGram:

The history of MoneyGram International dates to 1940 when the delivery and electronic transfers of money orders began. With over 347,000 agent locations in more than 200 countries, MoneyGram is now the world's largest money transfer company.

6

Hyperwallet:

Hyperwallet:

Hyperwallet is a global, Canadian cash transfer company based in Vancouver, starting its operations in 2000. It provides overseas cash transfers from Canada to 28 countries, e-mail money transfers and foreign exchange transactions, payments to large businesses and smartphone airtime transactions to Canadian and American users.

7

WorldRemit:

WorldRemit:

WorldRemit was founded in the UK in 2010 when the founders sought to shake up the money transfer market by improving customer satisfaction by providing flexible money transfer options and discounted fees.

8

Xoom:

Xoom:

Founded in 2001, Xoom offers the ability to send money to friends and family from 30 US countries using a computer, tablet or phone in a San Francisco-based international money transfer service.

9

TransferWise:

TransferWise:

In 2011 two Estonian former homelands who live and work in the United Kingdom founded TransferWise, another UK-based online remittance company. In the British payment industry, it constitutes a major disruptive force by charging significantly lower charges than most major transfer firms.

10

Amazon Payments:

Amazon Payments:

Amazon is a well-known e-commerce company, which began as an online bookstore, and is offering online and mobile retail services to Amazon Payments to leverage its existing large customer base.