Use your Smartphone to Transfer Money with these 5 Apps

We have seen massive growth in smartphone sales over the years, leaving people constantly glued to their screens on social media, playing mobile games, or listening to music. Smartphones have had their fair share of criticism, often being blamed for poor social abilities in real life, but we cannot deny that they make our lives significantly easier. Everything is convenient, practically at the touch of our fingertips: we can call for a cab or Uber, find a date, order food ahead of time, and now, transfer money seamlessly. You can now find a wide variety of apps that you can use to transfer money, including these five:

Google Wallet

Google is constantly breaking down walls with their innovations, and they have done it once again with Google Wallet. They give you the freedom to send money through your Gmail account by allowing you to place any sum of money you want to send from your Google Wallet right into the body of an email straight to the receiver. You could also use the Google Wallet app itself which allows you to use the one touch method to just transfer money easily as long the person you are transferring it to has an email address or phone number in your contact list.


This app is all the hype among millennials. Once signed up to this connected payment service you can easily transfer money between your friends, partners and families. One of the reasons why it’s so popular is because you can use it to connect to your friends through Facebook, which is very handy. The app is very popular as it’s easy to use and is visually-pleasing. Perhaps you went out with your friends a few weekends ago, and one of your friends still owes you money. Venmo is great for this type of debt settlement and peer to peer transactions.

Facebook payments

If you are a Facebook Messenger user, Facebook have given you the opportunity to send any amount of money to your friends in it’s amazing peer to peer system. People are finding the simplicity of this payment system particularly attractive: the only thing you need to do is open the message field to the person who you want to send it to. Below the box you are going to see a visible dollar sign with a circle around it, you are then going to tap it and then pay.


Snapchat is one of the most downloaded and used social media apps, with people gravitating towards the idea of non-permanent pictures, chat option, and cute filters. Their Snapcash feature makes it very easy to send and receive cash between your Snapchat friends. Like the rest of the features on the app that are very user-friendly, Snapcash is no exception. Simply open the chat messaging section, click the friend you want to send money to, hit Send, and you’re done!


We all know PayPal is still the king of transferring money over the internet. It has it’s stellar reputation from being around so long and has gained the users trust over the years. To get started you can get their app through the App Store or Google Play. Get the account set up and after that process you can transfer cash to your friends easily without any hassle. The person you are sending the cash to doesn’t even have to have any account with them, all you need is either their email address or phone number.

What’s next?

So as you can see from this article, sending money using your smartphone is just as easy as downloading an app. Going forward, expect to see a lot of other innovations in the financial sector being constantly disrupted. Who knows, maybe in the near future, we’ll be able to manage our own income funds and even our debt settlement issues by using our smartphones instead of going to a debt settlement firm!

Featured Image Source: Thinkstock/nazarkru

Posted on May 5, 2023