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Let’s talk about 7 FREE money transfer apps that allow you to send and receive money instantly! Now I put the word ‘free’ in all caps because I am a fan of free and don’t like paying to send money (Sorry Western Union).
Before we continue on I wanted to mention that I also have a video if you’d rather watch right here.
Many people have asked me which app is the best one to go with? Well, in my opinion, I say all of them. Download each one and create your account, first off it’s free and second why not have every option available to send and receive money right away and not have to sit there creating the account when someone is trying to send you money.
This list isn’t in any order of best to worst. With that being said let’s jump into the list:
1. Cash App – This one is actually has a $5 bonus for downloading the app (as of this writing) with my referral code here
– You get a tagname (user name)- Sends money instantly from one person to another- Offers instant transfer to your bank for a small fee- You can order a free debit card to use the money at physical locations (not just transferring back to your bank)- They have a boost feature with their debit card for awesome discounts at restaurants – Backed by Square inc.
2. Venmo – Offers a debit card to use at physical locations- Has a social aspect (if you want to use it) – Offers instant transfer to your bank for a small fee- Backed by PayPal
3. PayPal
– One of the original money transfer apps- Well known to most- They offer discounts at select retail stores- Offers instant transfer to your bank for a small fee
4. Google Pay (Email)– Easy to set up- Widely available to most- No extra accounts if you have a gmail/google account- Backed by Google (duh)
5. Facebook Messenger Pay– Send directly from messenger- Quick set up- Many users are on Facebook
6. Apple Pay– Only available to send to other Apple users- Send directly through text message- Users can receive money before setting up the account- Can use money at shops with Apple Pay
7. Zelle (Check out my tutorial video right here)- Backed by the biggest banks- Sends money quickly- Goes directly into your bank account- Can send based on email or phone number
These are just a few of the details about these 7 free money transfer apps. Check out each app individually to see all the details.
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