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Top Mobile Apps for Sending Money to the Philippines

Updated on February 22, 2023 11:01 am
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As you may already know, there are different ways to send money to the Philippines. The number of options can sometimes be overwhelming. Additionally, sending money abroad traditionally rely on intermediaries and typically charges high transfer fees. There are ways to overcome these obstacles.

One of the popular ways to send money to the Philippines is the use of mobile money transfer apps. Money transfer apps have grown in popularity in recent years. Mobile payments have become the norm for paying for almost anything quickly, and securely simply by picking up a smartphone. You can transfer money abroad easily, and painlessly.

There are plenty of reasons to switch to a money transfer app—speed, convenience, efficiency, security, ease, and cost to name a few. The best services offer reasonable rates that are well worth the convenience they provide.

If you are looking for top mobile payment apps to send money to the Philippines, we've got you covered. In this blog, we list our top picks when it comes to mobile apps for sending money abroad.

Checklist to Send Money to the Philippines

Before you make your transfer, here is the checklist to ensure you are choosing the best way to send your money to your loved ones in the Philippines. The best way will depend on various factors.

  • Payment method: How do you want the pay for your transfer? You will find several options which include bank account, credit card, debit card, cash, and mobile money based on your transfer provider.
  • Delivery method: How your recipient wants to receive the money? Different providers will offer different payout methods. For example, direct deposit to your recipient's bank account, cash pickup, mobile wallet, home delivery, etc.
  • Transfer Speed: How urgent is your money transfer? Banks are typically slower than money transfer specialists. Different payment methods can also influence the transfer speed.
  • Transfer Fee: Fees will differ on the payment and delivery methods. Faster delivery generally costs more than slower ones. Money transfer companies are cheaper than traditional bank transfers.
  • Exchange Rates: Higher exchange rate mean your recipient receives more money. Since the exchange rate varies by transfer companies, comparing them and shopping around can get you the best deal when sending money to the Philippines.
  • Security: All transfer providers are financially regulated in the countries they operate and are authorized to carry out the transactions so your money is safe. Do pick a well-rated provider to give your the confidence of secure transfer.

Steps to Send Money Abroad with a Money Transfer App

  • Download the money transfer app from Google Play Store, or the App Store
  • Sign up using your email, Google, or Facebook account
  • Fill in your details
  • Verify your account
  • Choose the currency you want to send
  • Enter the transfer amount
  • Check the exchange rates and the fees
  • Add the recipient's details
  • Choose the delivery method
  • Pay for your transfer
  • Press Send
  • Track your transfer

Mobile Apps Offering Money Transfers to the Philippines

Pomelo

Pomelo is a free app and credit card that uses international credit card networks to let you send money from the US to the Philippines. Instead of sending cash, you can simply send a Pamelo card to your loved ones that they can use at any time, anywhere Mastercard is accepted. And you pay off the card's balance monthly. This also builds their credit score.

The Pomelo Card is issued by Coastal Community Bank in Washington state under the authority of Mastercard International. Your beneficiary will get the card in just 10 days or less.

To be eligible, applicants must be at least 18 years old and have a valid Social Security number, which necessitates having a work permit or being a lawful permanent resident.

Features

  • Zero transfer fees
  • No waiting for money to arrive
  • Easy tracking
  • No standing in a long queue
  • No unsafe cash pickups
  • Pay it later!

The best part is since Pomelo makes money from merchants where the card is used, you get very competitive USD to PHP exchange rates. For Filipinos living in the US, the Pomelo app and card might be the cheapest money transfer provider to send money to the Philippines.

Wise

Wise is an online money transfer company designed for global lifestyles. Dubbed the most international money transfer app, you can hold 50 and above currencies in your Wise account and convert from one currency to another at a low fee.

Wise allows you to send money from 59 countries to over 80 countries with no hidden fees and no exchange rate markups to a bank account in the recipient's country. You get multiple payment options when sending money to the Philippines.

Features:

  • Cheaper and faster international transfers
  • Low fees and real-exchange rates
  • Ability to check exchange rates
  • No hidden fees & exchange rate markups
  • Set up exchange rates alerts
  • Repeat previous transfers with no hassle
  • Fund your transfers with Apple Pay or Google Pay
  • Easy tracking of each step of the transfer

 

XE Money Transfer

XE is part of the Euronet Worldwide family, one of the largest money transfer businesses in the world which claimed to have processed over $115 billion worth of international money transfers in 2022. Sending money to a bank account abroad is easy with XE because of their transparent rates and user-friendly platform.

The XE Currency App offers every feature you need for international money transfers. It is easy, and safe and fees are upfront. It may take 1-4 working days for the money to arrive in the Philippines, however, many transfers arrive sooner.

You can also send money to mobile wallets in the Philippines with Coins.ph, GCash, GrabPay, PayMaya.

Features:

  • Check live exchange rates in the Currency Converter
  • Send money in 65 currencies to over 170 countries
  • Monitor up to 10 currencies of your choice
  • Get the send rate before you make the transfer
  • Track your money transfer
  • Historical charts for any currency pair in the world
  • Customize your currency list to your priorities
  • Set rate alerts and receive notifications

 

Remitly

Based in Seattle, Remitly is a money transfer company that focuses on delivering inexpensive, fast, and efficient international money transfers. You can choose to send money from 150+ countries and send across 75+ currencies.

Remitly offers a money-back guarantee if you're not completely satisfied. This implies that if you decide to cancel your transaction before it is complete, you will receive a full refund of your money. Remitly will fully reimburse your money if the transaction has already been made but you are still dissatisfied.

Funding your transfer can be done via bank transfer, debit, or credit card. And your beneficiary has chosen different delivery methods including direct transfer to a bank account, cash pickup, mobile wallets, or home delivery.

Features:

  • User-friendly app
  • Send money to trusted banks in the Philippines such as BDO, BPI, Metrobank & more
  • Use mobile wallet options such as GCash, PayMaya & Coins.ph
  • Transparent fees
  • Two modes to transfer money-Economy and Express
  • Promotional exchange rate for first-time users

 

Instarem

Based in Singapore, Instarem provides instance remittance at low cost and zero exchange rate margins. There are no hidden charges. It is one of the cheapest options to send money to the Philippines from the US.

Instarem is especially ideal for small transfers. The cash payout option is available in over 21,000 locations across the Philippines with partners such as Palawan Pawnshops, Cebuana, M Lhuillier, LBC, and BDO.

As a first-time user, you will be rewarded InstaPoints, which you can use as discounts for later transactions.

Features:

  • Check Exchange rates
  • Low transfer fees
  • No hidden charges
  • Zero-margin exchange rates
  • Multiple payments and pay-out options via card, bank account, and cash
  • Track your transfers
  • Same-day or next-business-day delivery
  • Get discounts, first transfer bonus, and referral bonus

 

Pangea

Pangea is an online remittance service provider based in Chicago facilitating easy, secure, fast, and cost-effective international money transfers. You can send money to the Philippines in seconds. You have the option to send money to a bank account directly, and debit card or opt for cash pick-up.

Pangea has an extensive cash pickup network in the Philippines including Cebuana Lhuillier, Banco de Oro, M Lhuillier, and more. They have partnered with Cebuana Lhuillier to build Quikz, a money transfer app that will transfer money to the Philippines from the U.S.

Features:

  • Fixed transfer fees with competitive exchange rates
  • No hidden costs
  • Earn cash through the referral program
  • Discount rate on your first transfer
  • Real-time tracking
  • Transfers completed in less than 30 secs or 24 hours
  • Transfer amount $20-$2,999
  • Top-rated international money transfer service
  • Send money from the US to 25 countries from their app

Conclusion

Like any purchase when you have multiple options to send money, you should compare the money transfer companies and the USD to PHP exchange rate offered by them.

CompareRemit App will help you compare seamlessly the top money transfer companies's apps. You will be able to see the exchange rates, fees, transfer speed, and more. The app can be downloaded for free from the App Store and Google Play.

The app is linked to top money transfer apps, enabling users to be redirected to their chosen money transfer app and make a transfer without any difficulty.

Send money to the Philippines with ease by using our online comparison tool to compare providers and get the best exchange rates, lowest fees, and quickest turnaround times!

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