As of 2015, the quickest ways to transfer money include Paypal and Western Union. PayPal transfers are instant, while Western Union transfers are typically available for pick-up within minutes.
PayPal members can send money free of charge directly to the account of other members, or to the email address or phone number of non-members, who are then prompted to create an account to access the funds. Those receiving the transfer may then withdraw the funds from their PayPal debit card, use them online for purchase or transfer them to their bank account.
Through Western Union, persons may send money online, over the phone, through the mobile app or in-person to friends and family nearly anywhere in the world for a nominal fee. Receivers may pick the money up in person at any of the nearly 500,000 locations worldwide or have them deposited into their bank account.