8 Best Payment Apps for money transfer

Looking to get information on sending money from an online app and you don’t know the best app? Money transactions have been made much easier with the various digital payment methods because Most Business owners, friends and family now depend on digital means of payment without them visiting the banking hall or holding cash .

Payment apps can serve different purposes,which can be made directly from a smartphone without using traditional payroll methods as people around the globe have to figure out how to pay for the things they need or receive payment for their service or products.

Read: 10 Largest and Popular credit unions in United States

Wherever you go shopping, looking to avoid the queue at your bank hall to access funds all this can be done using an online app. Since then, numerous money transfer apps have surfaced, including Cash App, Google pay, pay pal and Venmo.

This article will walk you through the best online app for payment in the United states. sit back and continue reading to enable you to understand different payment apps and how they work.

1. Venmo

Venmo is a digital wallet that makes money easier for everyone from students to small businesses.It’s top peer-to-peer app designation for its instant transfer to a bank account or debit card, it can also be used for cryptocurrency purchases and business payments. It work with all U.S.-based bank with 1% fee

It is best fit for domestic payment in the United States. It usually takes 30 minutes to receive payment. The mobile payment service owned by PayPal–The Venmo MasterCard® is issued by The Bancorp Bank pursuant to license by MasterCard International Incorporated which best for splitting basic bills

2. PayPal

PayPal is used to transfer money online in seconds by connecting buyers and sellers. It is for both Domestic and Foreign money transfer and it charges 3.4% + fixed fee to send international personal transactions using Cards but for PayPal Balance or Bank account sent in EEA in EUR/SEK don’t attract fees also No Fee is involved (when no currency conversion.

But when there is currency conversion pay pal may charge up to 3.0% to 4.00%

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3. Zelle

Zelle is a fast, safe and easy way to send and receive money with friends, family and others you trust.It’s used by banks and credit unions across the United States. Zelle® is already in lots of banking apps which is free to use without charges and it works between U.S.-based banks, so look for it in yours today.

4. Google Pay

Google Pay is a digital wallet platform and online payment system developed by Google to power in-app.The app is best fit for Domestic and some foreign transactions. The service doesn’t attract any charges or fees.

5. Apple Pay

This digital wallet service by Apple Inc. the payment app allows users to make payments in person, in iOS apps, and on the web using Safari. iPhone users may prefer to use Apple Pay instead.

6. Cash App

The payment mobile service is developed by Square which allows users to transfer money to one another using a mobile phone app and it is available in the US and the UK.

Cash App enables users Pay anyone instantly. you can Send and receive money anytime, anywhere. It’s fast and free, and a $cashtag is all you need to get started.

It take 1 to 3 business days or instant cash-out deposits for a 1.5% fee (25 cent minimum)

7. Stripe

Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Stripe’s products power payments for online and in-person retailers, subscriptions businesses, software platforms and marketplaces

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8. Wise

Wise is a London-based financial technology company, the cheap, fast way to send money abroad and Shopping through overseas online stores as well Receive money from around the world by linking your account to Amazon, PayPal and more.

Wise’s money transfer Convert and hold 54 currencies and Receive payments like a local in 9 currencies

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