Best Payment Apps Of 2021
How about exchanging money with just a few clicks without much efforts on your part? There was a time when cash is pivotal in doing almost everything, and as such, people must move about with cash. Nevertheless, these days, It is very simple to send money virtually without having to carry cash about. This is made possible by the invention of payment tools and apps. They are easy to use, and many are almost free to use.
Let’s explore:
BEST PAYMENT APPS
1. PayPal
2. Venmo
3. Cash App
4. Zelle
5. Google Pay
6. Facebook Messenger
1. PayPal
PayPal is currently the best out there, and can boast of tons of users around the world. The company has a high reputation, and its mobile application is so user-friendly. Paypal has been around for some time now, and it’s really eas to set up a PayPal account (it’s also free). One interesting aspect of PayPal is its strong encryption technology that keeps accounts secure. Nevertheless, they are known as company that doesn’t hesitate in freezing one’s account. Additionally, they charge both shoppers and business owners a fee for using their service, although there are no fees for those that send money to a family member.
2. Venmo
This has been designed to work from your smartphone, and it has presented a tool that makes it easy to split bills with friends and family. On Venmo, payments are made and received almost immediately, and you should have it in mind that you can only send money via the app. Although it is owned by PayPal, the app is a very different app than PayPal, as it is made primarily to send money to friends, with an embedded social aspect.
3. Cash App
It is easy to link one’s bank account via a debt card, and on Cash App, one can sell and buy Bitcoin. The app offers users a digital wallet. However, you should note that the maximum transfer amount is $7,500
4. Zelle
One impressive stuff about Zelle is that a lot of large banks like Chase and Wells Fargo offer the product. It is easy to send money from one’s laptop or your smartphone, and there are no fees for sending or receiving money via Zelle. Nevertheless, it should be noted that the recipient of the funds and the sender both must also have Zelle, and one can only send funds via Zelle from one designated bank account
5. Google Pay
There are no fees to use Google Pay, and it integrates easily with Google products, like Gmail. You can easily use Google Pay from a laptop or smartphone. Nevertheless, it is not as widely accepted as other payment apps
6. Facebook Messenger
Facebook account users can transfer money swiftly to businesses and friends who are on Facebook. One have to link one’s debit card to his/her Facebook account, and you need to have a Facebook profile to use it
These are some of the best payment apps out there.