Software · head to head
Remitly vs Square Cash
The short version
- Only Square Cash has a free tier, so it costs nothing to try first.
- Each has a real cost: Remitly no fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor; Square Cash cash App Green status (higher savings rate, free in-network ATM withdrawals, overdraft coverage) requires spending $500 or depositing $300 in Qualifying purchases/deposits per month, per the App Store listing
- They diverge on capability: Remitly covers International remittances, Square Cash covers Money transfers.
Where they differ
Only the attributes on which Remitly and Square Cash actually diverge.
| Attribute | Remitly | Square Cash |
|---|---|---|
| Starting price | On request | Free |
| Pricing model | transaction | free |
| Free tier | No | Yes |
| Platforms | Web, IOS, Android | IOS, Android |
| Founded | 2011 | 2014 |
Identical on both: user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Remitly
- International remittances
- Multiple delivery methods
- Send money to 200+ countries
- Currency conversion
- Web support
Only in Square Cash
- Money transfers
- Instant deposits
- Transaction history
- Customer support
Both cover
- Bank accounts
- IOS support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Remitly
- Sending cross border remittances from a phone or browsernot Square Cash
- Delivering funds to bank accounts, cash pickup and mobile wallets abroadnot Square Cash
Square Cash
- Budget Managementnot Remitly
- Expense Trackingnot Remitly
- Investment Trackingnot Remitly
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Remitly
- No fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor
- The Express and Economy delivery options have no published price difference
Square Cash
- Cash App Green status (higher savings rate, free in-network ATM withdrawals, overdraft coverage) requires spending $500 or depositing $300 in Qualifying purchases/deposits per month, per the App Store listing
Pricing, plan by plan
Remitly
On request- Express$undefined/month
- Fast transfers
- Multiple delivery methods
- Economy$undefined/month
- Lower cost option
- 3-4 day delivery
Square Cash
Free- FreeFree
- P2P transfers
- Instant deposits
- Mobile app
Which should you pick?
Choose Remitly if
- You need international remittances.
- You work on Web, IOS, Android.
- You also want multiple delivery methods.
Choose Square Cash if
- You need money transfers.
- You want to start without paying.
- You work on IOS, Android.
- You also want instant deposits.
Questions people ask
- Is Remitly or Square Cash better?
- Neither clearly leads. Remitly starts at On request and Square Cash at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Remitly or Square Cash?
- Square Cash has a free tier; the other does not. Paid plans start at On request for Remitly and Free for Square Cash.
- Does Remitly or Square Cash run on more platforms?
- Remitly runs on Web, IOS, Android. Square Cash runs on IOS, Android.
- Can I use Square Cash for free?
- Yes. Square Cash has a free tier, so you can try it without paying. Remitly starts at On request.
- What is Remitly best used for?
- Remitly is most often used for sending cross border remittances from a phone or browser, delivering funds to bank accounts, cash pickup and mobile wallets abroad. Of those, sending cross border remittances from a phone or browser and delivering funds to bank accounts, cash pickup and mobile wallets abroad are not what Square Cash is typically brought in for.
- What can Remitly do that Square Cash cannot?
- Remitly covers International remittances, Multiple delivery methods, Send money to 200+ countries, Currency conversion. Square Cash covers Money transfers, Instant deposits, Transaction history, Customer support. Both handle Bank accounts, IOS support, Android support.
Related pages
More on Square Cash
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