How to make money on electronic money transfers

Every time.

We believe everyone should be able to make financial decisions with confidence. So how do we make money?

Our partners compensate us. This may influence which products we review and write about and where those products appear on the sitebut it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.

You probably use EFT all the time -- it's simply a completely electronic way of transferring money from one bank account to another bank account.

Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners. This may influence which products we write about and where and how the product appears on a page.

However, this does not influence our evaluations. Our opinions are our own. When you send money online, the best way depends on how and where you want to send it.

We compared fees, speed and other features to find the best providers for domestic and international money transfers. Zelle: Fastest for domestic transfers tie with Google Pay.

Google Pay: Fastest for domestic transfers tie with Zelle. PayPal: Most popular online.

WalmartWalmart: Best for nonbank transfers. Xoom: Fastest for international transfers tie with MoneyGram. MoneyGram: Fastest for international transfers tie with Xoom.

How to Start a Money Transfer Business - Including Free Money Transfer Business Plan Template

Western Union: Best transfer options.