Consumer's Guide: How to Send Money Safely

When you need to transfer funds, you may feel overwhelmed by all the options. However, it's easy to send money safely with a little research. Nowadays, customers can easily transfer money in person, online, or even through a smartphone! Find out about all the latest, high-tech ways to send money safely. And if you need a personal loan before payday, get in contact with CashMax for fast and secure funds!

Mobile Money Transfers

If you're transferring money within the U.S., then take a look at Venmo. This digital wallet service, owned by PayPal, has gained a stellar reputation for its ease of use and its affordable price. The popular Square Cash is another terrific alternative. Like Venmo, this service is available for mobile and online users. Both offer free transfers with a debit card and a 3 percent surcharge with a credit card. The big difference is in the design. Try both apps and see which you prefer.

Online Money Transfers

PayPal is the immensely popular money transfer company that is perfect for online use. You can send up to $10,000 per transfer, which is a higher limit than the mobile services listed before. PayPal has hundreds of millions of users worldwide, so it's clear that they have the widest customer base in the world. If you prefer email transfers, you may prefer Google Wallet. This service allows you to cash out within minutes, which is something that many other providers do not offer.

Cash Transfers

Walmart-2-Walmart is the cheapest option to transfer cash from one party to another. Walmart stores are also easy to find, making this a convenient option for most. Money can be transferred in minutes, but you can also send cash to a debit card. Bank wire transfers are the best option for large amounts of money, since most other services have lower limits.

International Money Transfers

Sending money abroad? Here are our suggestions:

• TransferWire is a great U.K.-based service that charges a flat fee for smaller transfers and a small percentage for larger transfers.
• PayPal-affiliated Xoom provides the quickest way to send funds to dozens of countries abroad.
• Western Union is the oldest money transfer company in the world, so it's no surprise that it has one of the best networks globally. This is your best option for sending cash.
• OFX is your best bet for sending large amounts of money internationally. Set future payments and check up on the latest exchange rates with a few clicks. You can easily transfer funds in one day.