2020 and 2021 have brought a whole lot of negativity all over the world. Somehow, in the midst of all the bad news, there lies hope. Hard cash is said to be the biggest spreader of the covid-19 virus. Moreover, frequent lockdown invariably reduces the availability of cash in hand.
As a solution, we can still access all information while sitting at home, there are some of the best applications for making payments that have recently been made available. These platforms, used by everyone from individuals to top accounting firms, make it easy to manage Finance while we sit at home. The reliable payment applications have some exotic features that have been shared here.
Top 5 Best Apps for Payments in 2021
Here is the list of best money payment applications that are both reliable and easy to use-
Samsung pay is specifically available for the selected Samsung devices and it does not allow person to person transfers. Application only allows money transfer from one Samsung application to another which can be slightly inconvenient. Somehow, there are no shortcomings when it comes to the security and user friendliness of the application. As long as your device supports the Samsung Pay app, do not mind using it for making payments.
There is no denying the fact that the majority of Indians lay their trust on Google pay app. Since, There are only a limited number of applications available for iOS users, Google pay can be selected as a reliable source of Making payments by the Apple owners as well. The application can help you to send upto $3000 at a single transaction and there is no extra fee that has to be made for money transfer. You can send money to your friends and family in a blink of an eye. Somehow, the credit card users are not allowed to transfer money using the application.
There are only a limited number of applications that allow money transfers using credit cards . Venmo has its name in the list. Somehow, the payment charges are 3% for the transactions made using the credit card and $.25 for the payments made from the remaining balance of venmo.
Zelle is an application that you can always trust upon. The best in class money transfer application can help you to send money across different bank accounts in the United States. The safe and easy-to-use application maintains a complete record of all the amounts and also explains the need payments precisely. The fastest money transfer application just takes a couple of minutes to move a large amount from one bank to another. Just a few taps and the mobile application does it all for you with no additional charges.
Want to make international money transfers? Paypal is the best option for both IOS and Android device owners. You can send upto $60,000 at a single transaction and with a limited transaction fee. The ones who use PayPal credit have to pay a total of 2.9 % interest charges.
Recently, Paypal has launched its extended service in the form of xoom. The specific purpose of this application is to serve certain specific countries. The transaction charges vary from one geographic location to another and one can also increase limits for monetary transfers.
The next best option for the iOS owners is the Apple pay that helps you to send up to 3000 dollars in a single transaction. There is a total of 3% fee for every payment made using a credit card.
Circle pay is another laudable option for making payments within one’s own country and across international boundaries. The application works best for both ios and android smartphones. It allows payment limits of up to $400 in a period of 7 days. Somehow users can also extend the limit up to $3,000 by availing of additional facilities. The best part of circle pay for National and international transactions is that there are no charges that would occur on your bank phone. Everything is completely free and convenient for the users.
Square Cash is indeed the best application for making Credit card transfers. With the bare minimum charges of 3 percent, Square Cash is one of the finest gateways that has minimal compliance fees. The users just have to pay a slight transaction fee which is completely affordable by the small businesses.
Square Cash application is a great pick for the ones who often need to make payments using credit cards. It is also a great option for startup businesses that are under the growing stage. One can easily opt for integrations, add on services and extra features in case of need. The flexible pricing model makes it the favourite of many.
Only a limited number of people would know that Facebook Messenger is not just Limited to chatting. It also allows money transfers and that too with all the convenience. There are no charges for making transfers and you can link your PayPal and debit card account number.
The Final words – 5 Best Apps for Payments
Instead of trying to make payments using the cards, just pick up your phone and use the best payment apps. The easy-to-use and well-presented applications are much safer than swiping up your credit and debit card at random places.
There are no problems in making payments to your friends and family with the help of these applications. The apps deduct money from your bank account and transfer them to another account precisely. Every transfer done using the applications is recorded and there is complete clarity for the applicable fees and charges.