Genuine Untraceable Money Transfer Apps for secure transaction in India

Digitalization of financial services has many advantages but one main disadvantage, i.e., the risk of compromising financial information, especially while making online transactions. In this post, I will tell you some of the best untraceable money transfer apps which protect your privacy.

Online Payments have become an increasingly integral part of our lives, especially after Covid-19. Whether you buy groceries, consumer durables, or any other items, we prefer online apps to make payments.

While there are many measures we can take to protect our information, one of the most effective is to use untraceable and instant money transfer apps. While making a payment, these apps don’t require sharing your credentials, like your email, IDs, mobile numbers, or other private information.

Currently, several untraceable money transfer apps are available, each with unique features. But which one is right for you?

To help you make your decision, we’ve compiled a list of the best money transfer apps or best money transfer platforms. But first, I will discuss some important basic questions.

What is a Money Transfer App?

A money transfer app is a digital way to send and receive money. You can use a money transfer Android app to send money online instantly to someone else or receive money from them.

Money transfer apps can be convenient and easy to send and receive money. Many different money transfer apps are available, each with its features and benefits.

With so many different apps available, selecting the app for sending money anonymously is difficult.

What is UPI?

UPI means “Unique Payment Interface”. The system allows you to send and receive money using a unique ID.

It’s a safe and convenient way to make payments, and it’s available to anyone to send money online instantly through various Anonymous Online Payment Apps with an Indian bank account in India.

UPI is built on the Immediate Payment Service infrastructure (IMPS) and allows for real-time untraceable money transactions between two bank accounts.

How do these apps work?

Most of the available apps in India work in a very similar way. The first and most important step for transferring funds instantly will be to sign up for an account with an instant money transfer app.

After that, you must link your bank account or debit card to send money to another person.

Whenever you want to send money, you simply enter the amount and the recipient’s ID into the app and send. The money is then transferred from your account to their linked bank account, typically within a few seconds.

The main advantage of using one of these apps is that they are completely untraceable. That means there is no way for anyone to track where the money came from or where it went.

Benefits of using instant money transfer apps

There are several benefits of using an instant money transfer app in India. They are as follows:

1. These apps help you transfer money instantly and securely.

2. You can use these apps to pay your bills, recharge your mobile phone, shop online, or even pay rent through credit cards and other payments.

3. Some apps also offer discounts and cashback offers on certain transactions.

4. Instant money transfer apps are convenient and allow you to manage your finances on the go.

5. The most important advantage is that you don’t need to carry cash with you.

What are the best untraceable money transfer apps in India?

When it comes to money transfer apps in India, there are a few of the best money transfer apps to choose from.

These apps are the safest and most secure and do not share your credentials like email ID, mobile number, etc., while making payments to others.

Some of the untraceable money transfer apps for transferring funds in India are as follows –


Paytm is one of India’s most popular instant money transfer apps, with over 100 million users. It allows you to send and receive money from family and friends across India with a UPI ID or a QR code.

Paytm home page

The app also allows you to make payments for utilities such as water, electricity, house rent, society fees, and other services. It’s also a great app for splitting bills, paying rent, or giving a friend a quick loan.

PAYTM app is accepted at millions of online and offline stores in India. Even at vegetable and food stalls, Paytm is used for daily transactions, making it a convenient way to pay for everyday purchases.

Sign up with the Paytm app with your registered AADHAR link mobile number. After creating an account, you need to do the Paytm account’s KYC to accept and transfer money instantly.

On the Paytm App, you can also avail of the Buy Now Pay Later (BNPL) facility option by providing a few additional details.

2. Google Pay

Google Pay is another widely used payment app in India that allows you to send and receive money and make payments for online purchases.

Google Pay home page

Google Pay has more than 500 million users worldwide, which makes it the highest-using app of all the untraceable money transfer apps.

Google Pay is like an online payment system developed by Google to power in-app UPI based transaction on mobile devices, enabling users to make payments.

Users can add credit or debit cards from their banks to the Google Pay app and use them to pay for goods and services both online and in physical stores.

When making a purchase, users can either tap their device for contactless payment terminal or enter a PIN. Google Pay can also be used to send money to friends and family.

Google Pay is accepted at many stores around the world, making it a convenient way to pay for everyday purchases. The app is available in several countries, including the US, India, and Singapore.

From Google Pay, you can also make online international mobile money transfers within a few minutes.

3. PhonePe

PhonePe is a popular money transfer Android app payment app that allows you to pay and request money from others.

With more than 100 million users and the top free finance app on the Play Store app, this app is a trustworthy option for untraceable money transactions from the app.

PhonePe home page

From this app, you can also make any type of online payment through the UPI or a QR code at shopping centres and stores.

You can download Phone app from app store and follow the instructions after installing it on your mobile. The signup process is very simple, so it does not take less than a few minutes to set up.


BHIM UPI is an app developed by the National Payments Corporation of India (NPCI) that allows you to send and receive money and make payments for utility bills and other services.


BHIM UPI has over 50 million users and has the highest rating of any instant money transfer app in India.

The app uses the Unified Payment Interface (UPI) platform to enable seamless transactions between two bank accounts. Customers can use the app to send or receive money, pay merchants, and more.

Therefore, payments can be made using various methods like UPI and scanning QR codes, and you can link BHIM UPI with any other shopping app with instant money transfer.

Google Pay is another widely used payment app in India that allows you to send and receive money and make payments for online purchases.

5. MobiKwik

MobiKwik is also a great app for transferring funds instantly. It is a safe and secure way to transact without carrying cash or cards.

Mobikwik home page

The app also allows you to earn rewards as you spend, which can be redeemed for discounts and coupons.

MobiKwik has partnered with major online retailers and businesses in India, such as IRCTC, BookMyShow, and other shopping stores.

The app allows users to pay for goods and services online and transfer and receipt of money with linked bank account.

MobiKwik also offers a variety of other features, such as ability to recharge mobile phones, pay bills, and book tickets.

How to open your account in these instant money transfer apps

Before making any transaction, you must sign up for these apps. As per RBI guidelines, you must complete your KYC process to transfer money from one account to another. This is the reason these money transfer apps are safe to use.

Documents required to do the KYC process

  • Your bank linked Mobile Number.
  • Aadhar Number linked with Mobile Number
  • PAN Number

Step-by-step to sign up for the app (Example of setting up an account in Mobikwik)

Here, I will discuss how to set up an account in Mobikwik. The process is similar to that of all the other money transfer apps.

Step 1: Download the app from Apple Store or Google Play Store

Step 2: Install the app

Step 3: Click on signup

Step 4: Select the Mobile Number to proceed. After selecting the mobile number, an OTP will come, which will be entered for the next step.

Step 5: Select the Bank Account you want to link to Set up UPI. You can also select the bank account later on.

Step 6: Start the process for KYC. While you can open an account without KYC, you must do video KYC to make any transaction.

Step 7: Fill out necessary details such as First Name, Last Name, Date of Birth and PAN Number

Step 8: This will automatically fetch details from your Adahar Cards after you confirm the details. It will ask you to upload a photograph taken from a selfie.

Step 10: Fill in other details such as Email ID and father’s Name.

Step 11: Once your KYC is completed. You all have to create a PIN for the transaction.

Step 12. Once confirmed, an account will be created.

Step 13: Enjoy the service.

Are these untraceable apps safe to use?

A few untraceable money transfer apps in India help you send and receive money without any hassle. But are these apps safe to use?

Yes, these apps are the best instant money transfer apps in India, and you can rely on them while making or receiving payments.

However, there are a few things you should keep in mind while using any financial app:

1. Check if the app is compatible with your phone’s operating system.

2. Make sure the app is from a reputed development company. You should also check the authorisation from NPCI and data security verification.

3. Read the reviews of the app before downloading it.

4. Once you have downloaded the app, carefully review its privacy policy and terms of use.

5. Only share your confidential information like bank account details or debit/credit card numbers with anyone on these apps after all verification.

6. If you are making a transaction, check if the recipient’s account details are correct before confirming payment.

Pros and Cons ( Advantages and disadvantages of Untraceable money transfer apps)

Untraceable money transfer apps in India have gained popularity for their promise of privacy and convenience, yet they come with unique advantages and challenges. Users must weigh both aspects before deciding to leverage these apps. Here’s an unbiased overview:

Pros of Untraceable money transfer apps:

1. Privacy and Anonymity:

Untraceable money transfer apps prioritise user privacy, offering more anonymity. Transactions are designed to be discreet, allowing users to keep their financial activities confidential.

2. Convenience and Speed:

These apps typically facilitate quick and straightforward transactions. Users can send or receive money instantly, enhancing the overall convenience of financial dealings.

3. Accessibility:

Untraceable money transfer apps are designed to be user-friendly, ensuring easy access for individuals with varying levels of technical expertise. This accessibility contributes to their widespread adoption.

4. Global Transactions:

Some of these apps permit international transactions, allowing users to send or receive funds across borders without the same level of scrutiny associated with traditional banking channels.

5. Financial Inclusion:

Untraceable money transfer apps contribute to financial inclusion by extending services to individuals who may lack access to conventional banking systems.

Cons of Untraceable money transfer apps:

1. Illegal Activities:

The untraceable nature of transactions can be exploited for illegal activities, including money laundering, tax evasion, or funding criminal enterprises. This poses a significant challenge for regulatory authorities.

2. Lack of Consumer Protection:

Users may find limited recourse in cases of fraud or unauthorised transactions. Unlike traditional banks, untraceable money transfer apps may lack comprehensive consumer protection mechanisms.

3. Security Concerns:

Despite claims of prioritising security, concerns may arise regarding the robustness of encryption and protection mechanisms employed by these apps. Users should exercise caution regarding potential vulnerabilities.

4. Limited Regulation:

The absence of comprehensive regulation means users may not benefit from the same regulatory safeguards and oversight as traditional financial institutions provide.

5. Volatility and Lack of Stability:

Some untraceable cryptocurrencies or tokens associated with these apps can be highly volatile, leading to potential financial losses for users not well-versed in managing digital assets.

Final Thoughts

When making money transfers in India, multiple untraceable money transfer apps can be used to make and receive payments online.

These apps offer a convenient and safe way to transfer money without worrying about the transaction being traced.

However, Users are advised to carefully assess their needs, prioritise privacy considerations, and be aware of potential risks. As regulatory frameworks evolve, staying informed about the legal and security aspects of using untraceable money transfer apps is crucial for users seeking a balanced and secure financial experience.


Frequently Asked Questions (FAQs)

1. How do untraceable money transfer apps ensure user privacy and anonymity?

Untraceable money transfer apps utilise advanced encryption and privacy-focused features. These technologies work together to safeguard user information, ensuring that transaction details remain confidential and users enjoy heightened privacy and anonymity.

2. Are untraceable money transfer apps legal and regulated in India?

The legal status and regulation of untraceable money transfer apps in India can vary. While some operate within existing financial regulations, others may exist in a regulatory grey area. Users should conduct thorough research and adhere to local laws before using these apps.

3. Can untraceable money transfer apps be used for international transactions?

Yes, many untraceable money transfer apps facilitate international transactions. Their decentralized nature and cryptographic security protocols often empower users to send or receive funds globally with relative ease.

4. How do users protect themselves from potential security risks associated with untraceable money transfer apps?

Users can enhance their security by choosing reputable apps with a proven track record. Implementing two-factor authentication, using secure devices, and staying informed about the app’s latest security measures can effectively mitigate potential risks.

5. What are the potential risks of using untraceable money transfer apps, and how can users mitigate them?

Risks associated with untraceable money transfer apps include potential involvement in illegal activities and the lack of consumer protection. Users can mitigate these risks by staying informed about app regulations, adhering to legal practices, and conducting transactions within the framework of local laws. Additionally, opting for apps committed to security and transparency is crucial.

Disclaimer: The above list of apps is for information, please, and may not construe any kind of recommendation. The writer or owner of the website doesn't endorse any apps. So before choosing any apps for financial transactions, the readers were advised to stipulate rules and regulations to understand the risk associated. Some of the links may contain affiliate links.
Subscribe to Learn Smart Income Ideas

Subscribe to our weekly newsletter and never miss the latest TIPS on Smart Income Ideas to Make Money Online. No Spam, No promotion. You will get only one newsletter per week. Get your copy now

Leave a Comment


Learn smart income ideas to help you to generate multiple sources of income and become financially independent.

Join Inner Circle


[email protected]

Shastri Nagar, Unit-IV Bhubaneswar-751001, India

Share via
Copy link
Powered by Social Snap