It seems like we always owe someone money whether it’s for pizza Friday night or to chip in on mom’s birthday present. As technology continues to improve, there are several quick and easy ways to transfer money. But which of these options are the best? Here we weigh the pros and cons of 4 money transfer systems.
This is probably the best known and oldest of the money transfer systems. It has long been used for online shopping, but can also be used to transfer money.
This system has gained a great deal of popularity very quickly. It combines money transfer with social media, allowing you to observe who your friends are paying and for what. You can make your transfers private if you want, however.
Google wallet integrates with all of your other Google services. You can request money by pressing the dollar sign in Gmail under a message! The Google wallet app is very straightforward, as well.
Built by Square, a company known for point of sale systems for the iPad and iPhone. This money transfer system is unique because you don’t have to set up an account to use it.