![]() ![]() Instead, Wallet is aimed specifically at helping users send and receive money to and from others. Also, PayPal Credit users might prefer PayPal as it eliminates the need to have any extra accounts.Īndroid Pay has made more headlines than Google Wallet of late, but some don’t realize that Android Pay isn’t actually a Wallet replacement. Instead, money will sit in your PayPal account, and can be used for purchases or sent to your bank, as you see fit. Like some of the other services on our list, PayPal won’t transfer money directly to your bank unless you actually tell it to. Using PayPal, you can transfer up to a hefty $10,000. Still, it’s nice to have the promise of less than that, something that PayPal just doesn’t offer.Īnother advantage, however, is that PayPal allows the largest transactions of the bunch. PayPal also seems to be the slowest service in our roundup, though it’s hard to tell if that’s just the company trying to cover its bases - I don’t think I’ve ever experienced PayPal taking five days to complete a transaction. Not only does it charge a 2.9 percent fee for money sent from a debit or credit card, it also charges an extra 30 cents on top of that. However, if you choose not to, PayPal will be the most expensive service for you. Now, I would highly recommend connecting it to your bank account anyway as it makes things a lot easier if you happen to lose your card or when you get a new card. Out of the four services, PayPal is the most expensive to use, if you don’t want to connect the service to your bank account. What PayPal has going against it, however, isn’t related to its ease of use. If you have your friend’s link, simply follow the link and enter how much you want to pay them. The recent initiative has made sending money even easier. Simply open up your PayPal account, press the “send money’ button, and follow the instructions - it only takes a few seconds to send money. PayPal’s interface is extremely easy to use, largely thanks to a major redesign. PayPal has long been the go-to for online shopping, and the fact that it can be used to transfer money between friends is simply a bonus. Related: Apple cranks up heat on PayPal by finally bringing Apple Pay to websitesīut which of these payment services should you use to send money to your friends, family, and others? We put them side by side to see which one is the best.Īs previously mentioned, PayPal is perhaps the best known of these services, and for good reason. And, of course, there’s Venmo, which has only recently become more popular, and Square Cash, built by payment company Square. ![]() Google is more focused on Android Pay these days, but let’s not forget about Google Wallet. Sure, PayPal may well be the best known of these services, but it’s most certainly not the only one. With the advent of modern technology, there are plenty of great options for sending money to others. Money makes the world go ’round, and whether it be because you owe a friend for drinks or because you need to get money to your brother to help pay for mom’s birthday gift, the easier it is to transfer money to friends and family, the better. Google: Who makes the best app for sending cash?Ġ8 julio 2016 Internet, Modernización de Empresas, Retail, Tarjetas y Pagos Electrónicos, Telecomunicaciones
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