Money (probably) won’t bring you happiness, but guess what? Their absence will certainly bring you misery and pain. And nowadays, when the internet is making us more connected with one another than ever before, there are numerous ways to make money and transfer it to your friends, relatives, employees, and so on.
If you’re looking for the perfect mobile transfer app, you should know right from the start that it most probably doesn’t exist. Not because money transfer apps are not capable enough but because people constantly want more, and their standards always go up. Technology is always evolving, and so are the desires of the masses. It’s just how the world works, whether we like it or not.
The Cash App is one of the best money transfer apps available, and it certainly deserves a lot of attention, even though not everybody is delighted by it. Launched ten years ago, this app created by Square Inc. allows its users to send and receive money easily directly from their mobile devices. But since we’ve established already that people are hard to please, let’s find out a few powerful alternatives to the Cash App for those who live in Canada:
If you’re looking for a fintech app that combines a prepaid Visa card with a budgeting app, it means you should give KOHO a chance. Users of this service have the chance to track their spending, make purchases, and even get their hands on cashback rewards. It needs to be said that we’re not talking about a direct peer-to-peer payment app here, although the service provides a modern and digital approach to personal finance.
PayPal is used by millions of people across the world and for good reasons. It represents a simple service that anybody can use to send or receive money. If you want to send money to a friend, for instance, all you need is his email address. Numerous people use PayPal in Canada as well to initiate their online transactions, whether we’re talking about sending money, receiving money, or making online purchases. They can easily connect their bank accounts or credit cards with PayPal. If you’re determined to become one of the users of the platform, you need to keep in mind that there are both web versions and a mobile app available.
When it comes to widely used and trusted money transfer services that run in Canada, we just can’t forget about Interac e-Transfer. By using it, you can send and receive funds in a secure way using nothing else but email or a phone number. Most of the major Canadian banks have integrated the service.
Revolut is not a bank in the traditional way, but even so, users are able to create an account to take advantage of the generous features. Revolut offers international money transfers with competitive exchange rates, and the service is particularly popular in the case of those who travel often. If making international transactions is also among your hobbies, you are free to give Revolut a try.
If you use Google Pay, you are free to link your credit or debit cards to the dedicated mobile app. This will allow you to benefit from fast and easy payments, such as numerous people do in Canada. By using Google Pay, they can make in-store purchases, send money to relatives and friends, and even pay for goods and services online. Google’s service is widely accepted at various retailers, such as by numerous online platforms.
The Cash App is also known as Square Cash, and it also stands out for having features that allow the possibility to invest in cryptocurrency.
Tim M. Hill helped bring Digital-Overload from a weekly newsletter to a full-fledged news site by creating a new website and branding. He continues to assist in keeping the site responsive and well organized for the readers. As a writer to Digital-Overload, Tim mainly covers mobile news and gadgets.