Does anybody out there need money? Well, probably everyone, especially during these difficult times when the world is going through major economic problems. They say that money won’t bring you happiness, but if you seriously lack it, that will definitely bring you misery and suffering.
Money transfers through mobile apps don’t represent anything new, and the only issue is which service to use for such a task. Today, we’re here to speak about Zelle, meaning a safe, fast, and easy way to send money directly from one bank account to another in the US. All you need is a few minutes for a transaction to be finalized, and perhaps the best part is that there are no errands involved when it comes to sending or receiving money through the app.
But despite Zelle’s strong advantages, you may still not like it, as it’s impossible to please everyone in life, regardless of how much you try. That’s why you should definitely keep a few alternative apps in mind if you’re interested in sending or receiving money through a mobile app and if you live in Canada.
Scotiabank’s e-Transfer
Scotiabank is one of the major Canadian banks, and it stands out for providing its own e-Transfer service. Those willing to send money in a secure way can use their mobile app. If, on the other hand, you’re the kind of person who’s hesitant to install new software on your phone, you need to know that there’s also the option to opt for an online banking platform. Scotiabank’s e-Transfer is usually used by the bank’s clients due to the seamless integration with Scotiabank accounts.
Square Cash
Square Cash, which is commonly known simply as Cash App, is also pretty popular in Canada despite being more prevalent in the US. Users are able to send and receive money through this service very easily. Cash App is also very user-friendly, as those who decide to use the software won’t get caught in difficult situations too often, not knowing how to proceed. Cash App also has some interesting features beyond simple money transfers, and it’s also involved in cryptocurrency. That’s right, you can use the app to buy Bitcoin. You can even use it to invest in stocks.
PayPal
PayPal is a globally recognized digital wallet and also a highly potent money transfer platform. The service is also widely used in Canada when it comes to online transactions. Users are free to connect their bank accounts or credit cards to send money to those they want, such as friends, family, or an annoying and persistent acquaintance. Of course, they can also make online purchases using PayPal.
PayPal also has its own dedicated mobile app that users can enjoy for convenient on-the-go transactions.
Revolut
Revolut has also received a lot of love in recent years due to its outstanding services. We’re talking about a financial tech company that has a range of banking services to offer, and money transfers are also included. It’s not a traditional bank, that’s true, but users are free to create an account with Revolut and benefit from its features, such as international money transfers with competitive exchange rates. Those who make international transactions and like to travel are the most common users of Revolut.
Zelle even allows its users to send money to their friends or loved ones who live abroad, which is why millions of people enjoy using the app. They can send money fast and without headaches, but once again, knowing a few alternatives as an ace up your sleeve can always be a plus.
I’m Francis E. Hagopian, and I’m the voice and vision behind Billionaire365.com. For the last 15 years, I’ve lived and breathed Silicon Valley culture, arming myself with insights and know-how that I can’t wait to share with you. Think of me as your personal guide in the intricate maze of technology. I specialize in translating the complex into the understandable, so you can turn knowledge into power. This isn’t just about staying in the loop; it’s about giving you the tools you need to excel in a digital age. When you’re looking for reliable tech insights, know that I’ve got your back.
