PayPal: Mobile Cash

PayPal is arguably the oldest of all payment apps. It’s history can be dated back to 1998, having made its name as the most preferred form of payment by eBay users and a digital wallet. Since then, the payment company has expanded to become one of the most dominant names in online payment!

Creating an account with PayPal is easy, as you only need to fill in the required information. Once you create your account, you need to connect PayPal with your bank account for you to begin receiving or sending money to other PayPal users.

If you don’t want to keep logging in every time you need to access your PayPal account, you can activate the PayPal One Touch feature, which lets you skip the login process by auto-logging you in. With a PayPal account, you are assured of top-notch security!

Additionally, you don’t get charged for any peer-to-peer payments you make within the US. However, if you decide to make peer-to-peer payments using debit and credit cards, you will have to part with a 1% fee. There are, however, no purchase-related fees, and you can, therefore, buy for free using PayPal. The app is compatible with both iOS and Android.