5 Apps Like Cash App: Best Alternatives To Try
The swiftness with which you can now send, receive or transfer money at the touch of a button should not be underestimated. Spending habits aside, payment apps have made lives universally more convenient.
As with any online transaction or bank transfer, it is good to know which app will work best for you, or if you are unsatisfied with your current Cash App account, you should explore some Cash App alternatives.
5 Best Alternative Apps to Cash App
When sending and receiving money on a mobile app, do some research on the benefits and drawbacks of the app itself. Gone are the days when you only had one option for an app to transfer money. Here are five alternatives to Cash App for you to consider:
Google Pay
Venmo
PayPal
Zelle
Meta Pay
1. Google Pay
Once called Android Pay, Google Pay is a great way to securely pay family and friends with instant transfers, since it is compatible with both Android and iOS devices. Whether you need to send or receive or buy and sell, Google Pay makes online payments easy to do right from your phone.
Things To Know About Google Pay
Highly secure
Compatible with Android and iOS devices
A convenient way to pay family and friends
Can connect mobile wallet to PayPal
Limits on amounts you can send, receive, deposit or transfer
2. Venmo
When comparing Venmo and Cash App, there are a few things to consider, such as security, ease of transfer, debit cards and bank account allowances. Both apps have a 3% fee for sending money with a credit card. However, you can connect your bank account or debit card to send money without incurring fees.
Your Cash Card through Cash App has a spending limit of $10,000 per week, whereas Venmo offers a spending cap of $60,000 per week once your identity is verified.
Things To Know About Venmo
Transfers take one to three business days from your Venmo account to your bank account without fees.
Can hold a balance in your account
Social features and ability to interact with family and friends
Can send money quickly for free
Potential for risk of fraud
3. PayPal
One of the best known and first peer-to-peer payment apps, PayPal has stayed competitive in an increasingly saturated market through its highly secure and user-friendly interface. It is a well-respected and highly recognized way to send and receive money, which may make it easier to transfer funds to someone else — who is more likely to have PayPal than other apps like Cash App.
Things To Know About PayPal
Lets you avoid having to give your credit card directly to retailers online
Highly secure
Buyer protection on purchases
Buy Now, Pay Later option on eligible purchases
May be charged for instant transfers from your PayPal account to your bank account
4. Zelle
Zelle is a payment app that is compatible with both banks and credit unions. Many online bank money transfer options feature Zelle over other apps. It is easy and free to use and is available through many mobile banking apps, and unlike Cash App, you can easily access it through any Android or iOS device.
Things To Know About Zelle
No fees
Compatible with banks and credit unions
No canceling transfers once payment is authorized
Fast and user-friendly way to transfer money
5. Meta Pay
Get ready to delve into the depths of possibility with e-commerce — Facebook has a payment app option in Meta Pay, formerly Facebook Pay. Everyone’s friend and their aunt have a Facebook account, and with the Facebook Marketplace ever-expanding, it was only a matter of time before Meta launced a payment app. It offers a free way to pay through apps you already use, like Facebook or Instagram.
Things To Know About Meta Pay
Huge platform can reach numerous users
Can use to pay both peers and businesses
Can pay via Facebook Messenger
All payments are securely encrypted
Can integrate both your debit card and credit card
Final Take
With such a wealth of choice as to what application you can use to transfer funds, you don’t have to settle for one you don’t like. Since many of the listed payment platforms are essentially free to use, you can try more than one to find the features or interface that suit you best.
There is a good deal of overlap between Cash App, PayPal, Venmo, Meta Pay, Zelle and Google Pay, so try them all on to see which one fits best in your virtual wallet.
FAQ
Here are the answers to some common questions about payment apps and cash advance apps.
What app will lend me $20?
You can borrow $20 to $200 from Cash App through Cash App Borrow, if you meet the requirements. Though most peer-to-peer payment apps don't allow you to borrow money, here are some cash advance apps you can borrow money from when in a pinch:
– Earnin
– Brigit
– MoneyLion
– Current
– Dave
– Empower
– PayActiv
– Vola
– Albert
How can I borrow $200 from Cash App?
You can borrow $200 from Cash app by using its Cash App Borrow program. To do so you can follow these steps:
1. Open Cash App.
2. Tap on the home screen icon, if necessary, to navigate to the "Banking" header.
3. Tap on "Borrow."
4. Tap "Unlock."
5. Select an amount from the allowed amounts shown.
6. Select your repayment plan.
7. Read the user agreement.
8. Accept your Cash App Borrow loan.
What app gives you $250?
Many cash advance apps offer a variety of ways to borrow $250 to cover you until payday or in case of an emergency. Here are some examples of popular cash advance apps with borrowing limits at or above $250:
– Earnin
– Brigit
– MoneyLion
– Dave
– Empower
– Vola
– Albert
What app can I borrow $50 from?
Cash App Borrow allows you to borrow up to $200, or smaller amounts, such as $50.
There are also many cash advance apps available, from which you could borrow small amounts to repay on your next payday, such as Dave, PayActiv, Current and Vola.
This article originally appeared on GOBankingRates.com: 5 Apps Like Cash App: Best Alternatives To Try
