When you need to transfer funds to a friend and you are looking for the best way to transfer money. You are reading the right article. There are so many platforms today that you can use to send money for free.
You can send money online through various apps and websites or even use an old-school method like cash. For those times you need to send money check out the ways to send money online.
Best Way to Send Money
Whether you are paying your share of dinner or rent check. Making a payment has never been easier. Here are some ways to send money.
Square Cash
This is an amazing platform to use in transferring money. This service provides easy-to-use cash tags to do a money transfer. If your recipient has a square cash account, ask for his personal cash tag URL and visit the page. If you do not have an account sign in enter the amount to send and click pay.
Venmo
This money transfer app lets you send money and do other functions like paying at participating businesses with your phone. This platform is owned by PayPal and also has social functions so you can share your transfer history with friends. Click on the Venmo app to make a money transfer to other Venmo users. Select an amount and add a note before completing the transaction.
Chase QuickPay – Best Way to Transfer Money
Chase bank offers a free chase QuickPay bank transfer option to its bank’s users. If you have a chase bank account, sign up for chase QuickPay and confirm your account. Confirm your account is safe by using the code sent to your primary email address during the sign-up process. This service sets limits on transferring money depending on the type of transfer and whether the recipient has a chase bank account.
Zelle
If you are an account holder at banks that are part of the clearXchange network can take advantage of the new Zelle app. This allows you to securely send money to others by using your bank mobile app. If your bank does not offer Zelle you can still send or receive money through the service by registering at clearXchange.com.
Popmoney
This platform offers one of the easiest ways to send money via mobile devices or email if you have an account at a participating bank. You can send money for free through this service. Recipients do not need an account to accept payment. They are notified via text or email that you are transferring money to them.
PayPal
A personal account lets you transfer money for free into another person’s account and you fund your PayPal balance through your bank account. You can also fund with a credit or debit card. Transferring via PayPal is free if you draw the funds from your bank account you will pay a 2.9 percent fee for using a credit or debit card.
Facebook Messenger
Facebook messenger is not just for chatting with friends anymore. You can send money in a message by opening a chat with a person. Transfer for free by clicking on the dollar sign symbol and selecting next. Your recipient will have to add a debit card to access the money. Both you and the person you are sending to must be in the U.S.
Google Wallet
This lets you send money to anyone through their mail address or phone number. The money will be from your linked debit card or bank account. The receiver does not need a Google wallet app to access the transfer. All they are a Google account and a debit card or bank account to receive the deposited funds.
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