We are gradually diving into a digital era, where transferring funds has become even easier and can be done directly on mobile phones with the help of money transfer apps.
Over the years, money transfer apps have made it much easier to transfer money, and following the numerous perks offered by these payment apps, they've become the top choice for transferring money from one account to the next.
In fact, roughly 4 in 5 Americans (79%) use mobile payment apps for making payments rather than cash—according to a NerdWallet survey.
However, following the rise of cybercrime, privacy concerns, and government regulations, the need to transfer money anonymously has become more than crucial to maintaining healthy finances.
With that said, if you've always wondered what payment apps let you make anonymous payments, you've come to the right place.
To help you out, we've compiled the best untraceable money transfer apps that you can use for making anonymous payments.
Table of Contents
What are Untraceable Money Transfer Apps?
Untraceable money transfer apps are peer-to-peer payment apps that offer a quick, easy, affordable, and secure way to transfer money from one person to another or from one entity to another.
They make payments simpler and give you the option to link your bank or credit card account to a digital wallet. On a mobile device, you can complete electronic transactions and payments in a matter of taps.
How Do You Open An Untraceable Money Transfer App Account?
Untraceable money transfer apps work fully online. As a result, you must use the internet to open an account with one of the money transfer apps online.
To get started, you typically need information like your phone number, email address, and physical address.
Both a computer and a mobile device can be used to open an account.
Since you only need to download the application from the appropriate store and then complete the necessary information, opening an account on a smartphone is more convenient than doing so on a computer.
As long as you meet all the requirements, opening an account typically takes a few minutes.
You'll need a secure internet connection when opening an account online. This stops cybercriminals from getting access to your data.
They can gain access to your account and commit fraud using the information.
Public WiFi networks are among the insecure connection methods you should avert at all costs because hackers can easily eavesdrop on them.
Top 10 Best Untraceable (Anonymous) Money Transfer Apps
A money transfer app should be considered untraceable if it lets you send money online using details that will be of no use to the receiver that is; information that can't be actually used to trace the sender.
Most untraceable money transfer apps let you send money with just your username. Your username can be a completely different thing from your name itself.
In this way, the receiver wouldn't be able to trace who actually sent the money if you did not notify them you'll be sending money.
That being said, here are the best untraceable money transfer apps:
- Wirex — Anonymous Money Transfer App.
- Monero — Anonymous Money Transfer App.
- Zcash — Anonymous Money Transfer App.
- Signal — Anonymous Messaging & Money Transfer App.
- Paysafecard — Untraceable Money Transfer Solution.
- Western Union — Untraceable Money Transfer App.
- Cash App — Untraceable Money Transfer App.
- Venmo — Semi-Anonymous Money Transfer App.
- PayPal — Semi-Anonymous Money Transfer App.
- Google Pay — Semi-Anonymous Money Transfer App.
Also Read: Best International Money Transfer Apps
When looking to pick out untraceable money transfer apps, Wirex is probably one of the options that should cross everyone's mind.
Wirex relies on and uses blockchain technology (a decentralized ledger technology) to offer quick, secure, and anonymous money transfers.
You can also get a virtual debit card from Wirex, which you can use to make anonymous purchases online or in-store.
Here are some of the key features of Wirex:
- Multi-currency support: Wirex supports over 120 currencies, so you can easily send and receive money in the currency of your choice.
- Low fees: Wirex charges low fees for money transfers and other transactions.
- Security: Wirex uses industry-leading security measures to protect your funds, including two-factor authentication and cold storage.
- Anonymity: Wirex allows you to make anonymous money transfers using its virtual debit card.
If you're looking to send money anonymously without much fees, Wirex can definitely be a great option to consider.
Monero is a decentralized cryptocurrency. It uses a publicly distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility.
Monero uses "ring signatures", which are its own unique transaction obfuscation—that makes every transaction through it untraceable for anyone to trace.
Monero also offers features such as confidential transactions and stealth addresses that conceal the origin, amount, and destination of transactions.
In fact, people prefer to use Monero alternatives, such as Bitcoin and Ethereum since Monero makes every transfer untraceable.
Zcash is another cryptocurrency that uses a decentralized network to allow users to make anonymous money transfers.
It uses advanced applied cryptography called "zero-knowledge proofs" to provide enhanced security and privacy through shielded addresses to authenticate a transaction without revealing the sender's identity.
Zcash has two types of addresses: transparent and shielded. Transparent addresses are similar to Bitcoin addresses and can be used by anyone on the network to send or receive payments. Shielded addresses are intended for use between two parties where both parties want to keep their transaction private.
When a user sends a shielded Zcash payment, the sender's and recipient's addresses are hidden, and the amount of money being transferred is also hidden. The only information that is publicly visible is the fact that a transaction has taken place.
Moreover, Zcash offers the option of private transactions, which obscures the origin, amount, and destination of transactions.
Signal is probably one of the apps not everyone would expect to be listed here since it's a messaging app.
But, besides being a popular messaging app, Signal is also a great untraceable money transfer app that allows people to make anonymous payments.
Signal uses secure and private servers to allow people not only to make end-to-end encrypted communications, including text messages, voice calls, and video calls but also to make secure and anonymous money transfers.
Keep in mind that while Signal is a popular messaging and money transfer app, it isn't, however, available in the United States.
Paysafecard is a prepaid online payment method based on vouchers with a 16-digit PIN code, independent of bank account, credit card, or other personal information.
Customers can purchase vouchers at local sales outlets and pay online by entering the code at the checkout of the respective website.
Paysafecard is considered an untraceable money transfer app since the only detail you provide to the merchant is your Paysafecard vouchers which do not link to any of your personal details.
The users can then use their Paysafecard 16-digit PIN to make anonymous online purchases after purchasing the vouchers with cash.
They take pride in being the most widely used prepaid online payment option in the world.
Additionally, you can combine up to ten PINs to pay for larger purchases and subscriptions.
The cards are easier to find for sale in Europe than in North America, despite the fact that this is a great payment method for making anonymous online payments.
Paysafecard can only be used if you have an internet connection because it requires both online and offline interactions.
Check out the mobile app to look for nearby merchants that sell Paysafecard to see if it's offered in your area.
6. Western Union
With more than 150 million customers across 200 countries and territories with a 130-currency portfolio, Western Union is a popular money transfer option that has been in competition with traditional banking methods.
In a nutshell, Western Union Company is an American multinational financial services company that allows fast, reliable, private, and secure money transfers.
Besides being an international money transfer app, Western Union allows people to send money anonymously without revealing their identity — it is a safe and private way to transfer funds.
Additionally, users can even receive money without having a bank account, keeping their banking and financial information private.
7. Cash App
Cash App is a popular money transfer app that's available in the UK and the US. You can send and receive money using the platform both within the country and between the US and the UK.
Upon creation of your Cash App account, you'll need to create a $Cashtag username, which doesn't have to match any of your names. The $Cashtag is only used for transferring money between users on the platform.
Here's how to transfer money anonymously with the Cash App.
- Open the Cash App mobile app.
- Enter the amount you want to send.
- Tap "Pay."
- Enter the email address, phone number, or "$Cashtag" (another person's username in the app).
- Enter what you are sending the payment for.
- Tap "Pay."
Cash App does not store your financial information, making it virtually impossible to determine who sent you money, in contrast to other untraceable money transfer apps.
Instead, Cash App uses the most recent encryption technology to guard your account information and stop fraud.
Cash App offers optional security settings, such as requiring you to enter a Cash PIN when paying, and sends you a one-time-use login code as a precaution.
While the majority of money transfer apps like Cash App have strong security measures, you should still exercise caution as well as select a reliable recipient.
Cash App scams are uncommon as we find money users looking to get their money back on Cash App if scammed. That said, if you randomly send money to someone on Cash App, the chances of them sending your money back will be small.
PayPal's Venmo is a product that is only available in the United States.
Venmo is an untraceable money transfer app that lets you send anonymous payments online.
You can create a username on the platform which you will use to send and receive money.
The recipient won't know who you are if you send money using the username.
Additionally, Venmo offers data encryption formats that guarantee you won't be tracked by hackers.
The following is how the platform allows you to send money.
- Open your Venmo App.
- Click on the "Pay or Request" tab.
- Enter your recipient's username, phone number, or email. If the recipient is nearby, you can scan their QR code from their app to send money.
Since the receiver isn't beside you, they will receive money and the only information that will be available from you to them is your username.
You can also send money with your email on Venmo. Your real identity will be hidden from your recipient in this way.
You must open your account online on a computer or smartphone.
Since the data is encrypted, PayPal enables secure online transactions just like the other platforms mentioned above. As a result, hackers are unable to follow your transactions in an effort to steal from you.
You can also create an account with PayPal using a username. You can choose a different username if you don't want to use your name.
You'll be required to add a credit card or bank account to your PayPal account in order to make an anonymous online payment.
Your recipient will only see your registered name and email address when you complete the transaction.
This means you can create a PayPal account with a disposable email address and fund it using a virtual credit card.
You'll be able to send payments that are difficult to trace in this way.
You can also send money anonymously with PayPal through a PayPal business account.
The following is how to use your smartphone to send money using PayPal.
- Click Send & Request at the top of the page.
- Select from the 3 options.
- Enter the email address or mobile number to whom you are sending money.
- Enter the amount you want to send and click Continue.
- Review and confirm the information on the screen and click Send Money Now.
Overall, PayPal is a good option for sending money semi-anonymously. However, it is important to be aware of the pros and cons before using it.
Here are some of the pros and cons of sending money anonymously with PayPal:
- It is relatively easy to do.
- PayPal is a well-known and trusted platform.
- Your transactions are protected by PayPal's security measures.
- It is not completely anonymous.
- PayPal may keep a record of your transactions.
- You may have to pay higher fees for anonymous transactions.
- Overall, PayPal is a good option for sending money semi-anonymously. However, it is important to be aware of the pros and cons before using it.
10. Google Pay
Since 2018, Google Pay—the combined name for Android Pay and Google Wallet—has existed. It combines an online payment system and a platform for digital wallets into a single entity.
It works very similarly to PayPal in that you can fund it with a virtual credit card and use a disposable email to send money through Google Pay semi-anonymously.
It's one of the least expensive services if you want to add an additional layer between your banking information and the transaction/purchase because there are no fees associated with using debit cards or bank transfers.
In light of integration with other Google services, it is also fairly flexible. Through Gmail and Android messages, you can send and receive money. You'll need the recipient's phone number or email address if you're using an app.
There may be issues if you try to use Google Pay to pay for goods or services from nearby merchants. Only merchants that accept contactless payments can accept this payment method, and small businesses frequently do not.
What Are Other Untraceable Money Transfer Methods?
There are many other ways to send money online without any trace if in case you don't want to use the aforementioned methods. They include;
1. Disposable Credit Cards
Compared to prepaid cards and other similar services, Disposable credit cards have some advantages.
These disposable or virtual credit card numbers let you make purchases using your actual credit account without disclosing your real credit card account number.
This is great because it safeguards your real account in the event of a data breach and enables anonymous accounts to use funds from your actual credit account.
Simply close the virtual account if you're concerned that your data may have been stolen or compromised. This has the drawback that it can be challenging to request a refund for the services.
Only online and in locations that accept contactless payments can disposable cards be used. Other than that, you won't be able to use it because these are virtual credit card numbers rather than physical cards.
Also Read: Best Instant Virtual Card Provider Apps.
2. Pay by Cash
While cash is no longer king, it, however, remains the traditional method for making anonymous payments.
Besides, you can use anonymous money transfer services such as Western Union to help make the transfer even more secure and anonymous.
Just keep in mind that before sending the money, you should not include a return address or any other identifying information.
Cash is tried and true, but there are some obvious drawbacks, like the possibility of mail mishandling. Cash is still a great option for making anonymous payments, though.
Can I Receive Money Without A Trace?
Receiving money in an anonymous manner means receiving funds without leaving a trace. You can receive money in a number of ways without letting anyone know who you are.
That may occur if you are receiving donations for financial aid for a medical condition or any other reason.
You then share your username on a specific website, like Facebook, in order to receive donations. The platforms listed below let you receive money anonymously.
1. Cash App
You can receive money through Cash App using your username. Like the others, you won't divulge any personal information.
By the way, the platforms mentioned above include data encryption technologies, as already mentioned.
Therefore, there is no possibility of losing data online to scammers.
Venmo makes it simple to receive money secretly. Giving your username makes it simple to obtain funds.
You are even allowed to use an email address without your name or any other personal information.
PayPal is another app that lets you receive money anonymously.
By giving the sender your username, they can send money to you without identifying themselves.
They won't be able to know other people's names, and they won't be able to obtain any of your identification documents.
You may also supply an email address that is anonymous. Without knowing who you are, someone can send you money.
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Frequently Asked Questions
What money apps are untraceable?
Cash App, Venmo, PayPal are all untraceable money transfer apps. Read the article to learn more about each money apps.
How do you send untraceable money?
Create an account with Cash App, PayPal or Venmo and send untraceable money through the apps. However, keep in mind that these apps will keep records of your money transfers in case a need arises.
Is Cash money untraceable?
Cash is essentially untraceable, it's easy to carry, it's widely accepted and it's reliable. If the power goes out, or there's a blip in the electronic systems that make the online commerce world go round, cash is there. If someone wants to buy something without anybody tracing it back to her, cash is the way to do it.
How can I transfer money without showing my name?
You can use a money transfer app like PayPal to transfer money without showing your name. However, you might need a premier account to be eligible for this anonymity. Nonetheless, you can always create an account with a different name and keep your real name private.
Can I send money anonymously through Google Pay?
Google Pay uses a technology known as tokenization, which creates a new virtual account number every time you perform a transaction. As your actual credit card isn't even stored on your phone, let alone shared with the merchant, it provides a completely anonymous payment method if used correctly.
Final Thoughts: Best Untraceable Money Transfer Apps
The rise of online transactions comes with a set of challenges, especially when privacy is a concern.
Thankfully, there are a couple of money transfer apps that take into consideration users' privacy and anonymity.
With that said, untraceable money transfer apps, let you send money online while keeping your personal information private.
This guide compiles our top picks of the best untraceable money transfer apps that will let you transfer funds online anonymously.
However, we recommend doing your own thorough research and using your discretion when selecting an anonymous money transfer app.