TOP 5 Apps: How to receive and Send money on your Android Phone?

Apr 21, 2020 App News

TOP 5 Apps: How to receive and Send money on your Android Phone?

At some point, the coronavirus will die down, overall isolate will lift and life will continue. After passing through this pandemic. We all will be eating with family, drinking with companions, and celebrating a reviving of the world. If you are still considering paying bills and make payments in cash so this practice is becoming old school now— to take full advantage of your cash in the digital world, you should opt for the (P2P) peer-to-peer payment application. You must be thinking about what options or choices do you have? and what they offer? How about we investigate. 

Why you should utilize a P2P Payment App

You actually have too many reasons to utilize a P2P Payment Application rather than a card, cash or checks. First of all, having the option to send cash from your mobile phone is the most convenient option. Everything you need to do is a couple of taps and you’re done. Likewise, you don't need to stress overhauling around dollar notes in your pocket or handbag where they could get lost or even taken, you can do everything directly from your cell phone, which is likely constantly fastened to your hand for what it's worth. At long last, electronically transferring money is sheltered, secure, and dependable. 

The most troublesome part about utilizing a P2P Payment App is knowing which one to pick. 

The best P2P installment applications accessible on Android


You can't simply text cash to somebody and expect they get it. Both parties must have a similar cash transfer application or relevant service. Significantly all the more overwhelming is that there are many alternatives available for you and your friends and family to browse. Here are the best 5 P2P Payment Application and why they have the right to elegance your home screen or app drawer

PayPal Mobile Cash

Paypal launched back in 1998 with the name of Confinity. In the decade when fast internet, smartphones, and devices were concepts. Paypal acquired by eBay back in 2002 and it turns out the preferred payment method on eBay products. Now it becomes a separate entity and penetrating with all advanced P2P requirements.

Venmo

Venmo mobile payment service is a subsidiary of PayPal. It is a market-specific fund transfer application available in the US. Venmo users can transfer funds to others via a mobile phone app; both the sender and receiver should be available in the U.S. It handled $12 billion in transactions in the first quarter of 2018.

Square Cash App

Square Cash App is a mobile payment service developed by Square, Inc., Founded in 2009 by Twitter CEO Jack Dorsey. it also allows users to transfer money to one another using a mobile phone app. Suqare, Inc., offers P2P Payment Solution named Square Cash App. As of February 18, 2018, the service recorded 7 million active users.

Zelle

Zelle is a United States-based digital payments network owned by Early Warning Services, a private financial services company owned by the banks Bank of America, BB&T, Capital One, JPMorgan Chase, PNC Bank, US Bank and Wells Fargo. if you are registered Zelle user receiving and transferring of funds is super simple with few taps from your bank account.

Google Pay

Google launched it's P2P payment solution back in 2008, for Android and IOS users. Google started it's mobile wallet services with NFC which later turns into the Google Pay App. The best thing about Google Pay App that you can transfer money to any bank account directly from the Google Pay App even if the benficiary doesn't have the Google Pay App.


Rate this article:

2.50 / 5 (4 votes)

Related articles