If you are also wondering about these questions, this post is for you. In this post, we are going to reveal the top six mobile-based payment applications. And also, you will get a brief description of how to use Square Cash App and what makes it better and more convenient. So, let’s find out the best-paid apps for small businesses and personal use in 2020.

Top Six Payment Applications:

#1. Paypal

Paypal needs no introduction, I firmly believe. Needless to say that this is a famous payment system for international as well as domestic payment at the global level. Its wide-ranging features other than just sending, receiving, requesting, and storing money make Paypal better than any other similar kind of application. Moreover, its global acceptance makes it the optimum choice for users to send & receive money internationally using their debit & credit cards.

#2. Google Pay

Google Pay wallet is the second most popular payment app. Fastness, safety, reliability, and trust are four cornerstones of this smart application. Google Play is managed by industrial experts. In just a few simple taps you can link your debit or credit card and spend money with ease of mind. Whether you have Android or iOS phones, Google Play runs smoothly on both types of OS. The best part of Google Pay is that users can withdraw money with the help of a Google Debit card at any bank’s ATM.

#3. Venmo

Established in 2009 by PayPal, Venmo is a widely known mobile application in the peer-to-peer segment. If you want everything at your fingertips and can’t bear a delay in sending & receiving payments, then your first choice should be Venmo. The cool thing about Venmo is that it offers online payment gateway services as well. All the verified Venmo users can receive payments from their customers who even don’t use Venmo.  Also, like the other applications, Venmo also supports the debit & credit card payment methods.

#4. Apple Pay

Apple Pay is reserved for iOS users. For proud users of the iPhone, Apple Pay should be the first choice. As being an indigenous product of Apple, you can be assured of the safety of your banking information and card details. In addition to the advantages, users can make secure purchases on App stores, and on the web. The unique feature of Apple Pay Payment is “payment through the message” which it offers to its users. To simplify money management, Apple Pay offers smart, safe, and decent-looking debit cards for free with the help of which you can make payments at shops, markets,s, and shopping malls. 

#5. TransferWise

If you are not satisfied with PayPal and looking for the best alternative then your search ends here. TransferWise, undisputedly, is the best alternative to Paypal in the segment of international payment systems. TransferWise lets the users transfer funds outside of the USA with ease of mind. You will be glad to know that TransferWise charges the lowest fees for making international payments & global transactions. That’s the reason why foreign students, ex-pats, freelancers & online businessmen prefer to use TransferWise after PayPal.

Why is the Cash App better in 2020?

In my personal point of view, the Square Cash App is the best and tops the list of the top six mobile-based money transfer applications in the USA. Why? All the features I mentioned in the above section, are all available on Cash App. That’s not all, you will be pleasantly surprised to know that cashapp also lets the users sell & buy Bitcoin as well as Stocks. Even more so, you can store or withdraw BTC from Cash App to any other Bitcoin wallet like Coinbase, Binance, or Robinhood. Also, it offers heavy discounts through its in-built feature known as cash boost. One more benefit of Cashapp is that users can create their own cashtag (A unique payment link) and receive payment from non-cash app users.

Final Thought!

So far we have discussed the top six mobile-based payment applications. We also briefly discussed the unique advantages of Cash App over other similar payment applications. Hopefully, you will find all the information quite useful & effective. Contact us for any kind of assistance or leave your message in the comment section.