11/8/2023 0 Comments Download apps like cash app![]() Study limitations: Of course, there is no download data available for Apple Pay as it comes ready on iPhones. The app with the highest total score ranked 1st overall. We then weighted these results according to the following system: 1st got a weight of 5, 2nd got a weight of 4, and so on. To determine the overall app ranking, we first determined the number of countries (out of 31) in which an app ranked 1st, 2nd, 3rd, 4th or 5th. As the download rank of an app can vary quite a bit from day to day, we gathered data covering 30 days (3 March 2019 to 1 April 2019), which we then averaged to get the most accurate representation of an app's popularity. In order to quantify the popularity of money transfer apps across Europe, we gathered Apple App Store data on daily download rankings in the "Finance" category in each country for each app. To learn more about the amount of money that flows in and out of countries in Europe, please see our related article Remittance Flows in Europe: Where Does the Money Go? Methodology Startups money transfer apps have been particularly successful in Europe by charging significantly less than traditional banks to make an international money transfer, and completing the transfer in a shorter time. These apps are free to download and typically offer free or low-cost exchange or transfers. Venmo, OFX, TorFX, Currency Fair and Xoom. Top Money Transfer Apps (Finance Download Rank)Ī number of apps in our study were not in the top 5 downloads for any European country: Remitly, Azimo, Small World, WorldFirst, Xoom,
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