MoneyGram vs TapTap Send: Fees, Rates & Speed Compared
MoneyGram
4.0MoneyGram is a global money transfer company with a large agent network, offering both online and in-person transfer options to 200+ countries.
TapTap Send
4.7TapTap Send is a mobile-first money transfer app with zero or minimal fees, a ~0.7% exchange rate markup, and 95% of transfers delivered in under 3 minutes across 80+ countries.
MoneyGram and TapTap Send are both popular choices for international money transfers, but they take different approaches. MoneyGram, founded in 1940 and headquartered in Dallas, USA, is best known for cash pickup and global coverage. TapTap Send, operating since 2018 from London, UK, focuses on remittances and mobile money. This comparison uses real transfer data collected from both providers across 6 popular corridors to show you exactly which one offers better value for your specific needs. Our data shows the difference can be significant — on a $200 USD → NGN transfer, MoneyGram delivers ₦3427.76 more to the recipient.
In this comparison
Live comparison: MoneyGram vs TapTap Send across popular corridors
The table below shows how much the recipient receives when sending through MoneyGram vs TapTap Send on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | MoneyGram | TapTap Send | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹95,383.64 | ₹96,814.05 | TapTap Send (+₹1430.41) |
| GBP → EUR(£1,000) | €1,144.01 | €1,151.06 | TapTap Send (+€7.05) |
| USD → PHP($500) | ₱30,246.21 | ₱30,648.88 | TapTap Send (+₱402.67) |
| USD → MXN($1,000) | MX$17,080.04 | MX$17,150.65 | TapTap Send (+MX$70.61) |
| GBP → PKR(£500) | ₨187,607.54 | ₨188,747.47 | TapTap Send (+₨1139.93) |
| USD → NGN($200) | ₦273,425.98 | ₦269,998.22 | MoneyGram (+₦3427.76) |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between MoneyGram and TapTap Send
MoneyGram vs TapTap Send: Feature comparison
| Feature | MoneyGram | TapTap Send |
|---|---|---|
| Overall rating | 4.0/5 (Good) | 4.7/5 (Excellent) |
| Fee structure | From $1.99 to $11.99+ | $0 on most corridors; small fee on select corridors |
| Exchange rate markup | 1% - 3% above mid-market | ~0.7% above mid-market |
| Transfer speed | Minutes to 3 days | Under 3 minutes (95% of transfers) |
| Supported countries | 200+ | 80+ |
| Supported currencies | 50+ | 65+ |
| Max transfer | $10,000 | $10,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card, Cash | Debit Card, Bank Transfer, Google Pay, Apple Pay, UPI |
| Delivery methods | Bank Deposit, Cash Pickup, Mobile Wallet | Bank Deposit, Mobile Money |
| Regulators | FinCEN, FCA | FCA, FinCEN |
| Founded | 1940 | 2018 |
Pros and cons
MoneyGram
Pros
- Large global agent network
- Cash pickup available worldwide
- Transfers can arrive in minutes
- In-store and online options
- Crypto integration with Stellar
Cons
- Higher fees for smaller transfers
- Exchange rate markup can be steep
- Online experience less polished
TapTap Send
Pros
- Zero or minimal fees on most corridors
- ~0.7% exchange rate markup — among the lowest available
- 95% of transfers delivered in under 3 minutes
- 80+ countries and 65+ currencies covered
- Highest Trustpilot rating in money transfer (4.7 from 32,000+ reviews)
- Accepts debit card, bank transfer, Google Pay, Apple Pay, UPI
Cons
- No cash pickup option
- Mobile app only — no full web transfer experience
- Multi-currency account limited to UK and EU users
When to choose MoneyGram vs TapTap Send
Choose MoneyGram if:
- You want the real mid-market exchange rate with no hidden markup
- Your recipient needs cash pickup instead of bank deposit
- You need wider country coverage (200+ vs 80+ countries)
Choose TapTap Send if:
- You want the real mid-market exchange rate with no hidden markup
- You want to send to a mobile money wallet (M-Pesa, GCash, etc.)
- You need a multi-currency account to hold and convert balances
- You want zero transfer fees ($0 on most corridors; small fee on select corridors)
Verdict: MoneyGram or TapTap Send?
Cost winner: TapTap Send
TapTap Send wins on cost in 5 of 6 corridors we tested. For example, on USD → INR ($1,000), the recipient gets ₹1430.41 more with TapTap Send. TapTap Send achieves this through transparent pricing with the real mid-market exchange rate.
Speed: Similar delivery times
Both providers offer similar transfer speeds. MoneyGram typically delivers in Minutes to 3 days, while TapTap Send takes Under 3 minutes (95% of transfers). The actual speed depends on the corridor and delivery method.
Wider coverage: MoneyGram
MoneyGram has broader coverage with 200+ countries and 50+ currencies. MoneyGram also offers Bank Deposit, Cash Pickup, Mobile Wallet.
Bottom line
Overall, TapTap Send edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, MoneyGram is the better pick if you need cash pickup and global coverage.
Frequently asked questions
Is MoneyGram or TapTap Send cheaper for international transfers?
Based on our data, TapTap Send is generally cheaper across most corridors. TapTap Send charges $0 on most corridors; small fee on select corridors with a ~0.7% above mid-market exchange rate markup, while MoneyGram charges From $1.99 to $11.99+ with a 1% - 3% above mid-market markup. For example, on a $1,000 USD → INR transfer, TapTap Send delivers ₹1430.41 more. However, costs vary by corridor, so always compare for your specific route.
Which is faster, MoneyGram or TapTap Send?
MoneyGram typically completes transfers in Minutes to 3 days, while TapTap Send takes Under 3 minutes (95% of transfers). Actual speed depends on the corridor, payment method, and delivery option you choose. Bank transfers tend to be slower than card-funded transfers, and bank deposits are generally faster than cash pickups.
Are MoneyGram and TapTap Send safe to use?
Yes, both are regulated money transfer services. MoneyGram is regulated by FinCEN, FCA and has a 4.0/5 Trustpilot rating. TapTap Send is regulated by FCA, FinCEN with a 4.7/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for MoneyGram vs TapTap Send?
MoneyGram has a maximum transfer of $10,000 (minimum $1), while TapTap Send allows up to $10,000 (minimum $10). Limits may vary by corridor, account verification level, and payment method. New accounts typically start with lower limits that increase over time.
Can I get cash pickup with MoneyGram or TapTap Send?
MoneyGram offers Bank Deposit, Cash Pickup, Mobile Wallet. TapTap Send offers Bank Deposit, Mobile Money. MoneyGram supports cash pickup, which is useful when recipients don't have a bank account.
Should I use MoneyGram or TapTap Send to send money internationally?
For most users, TapTap Send offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, MoneyGram is the better choice if you need cash pickup and global coverage. The best provider for you depends on your corridor, transfer size, and whether you need features like Mobile Wallet.