

Your paycheck may show up in your Venmo account two days faster than it would if you deposited it in your regular bank account. It’s also possible to use QR codes to make sure you send money to the right person and allow the app to make calculations for you when splitting bills between multiple people.Īdditionally, you can have your paychecks directly deposited to Venmo. You can pay right from your Venmo account by connecting your bank account, debit card or credit card.

It also allows you to request payments for services you provide as well as receive money from or send money to family and friends. Venmo allows you to shop online or in person and pay for purchases at participating retailers. The app uses bank-grade security and encryption to keep your information safe. Venmo is one of the most popular digital wallets and is a subsidiary of PayPal. This can make it easier to keep track of your financial health. Sending money to family and friends using Google Pay is also an option.Īdditionally, Google Pay lets you view your spending habits and find areas where you can save money when you sync your accounts. You can make purchases at participating in-person or online retailers. See the Google Pay website for more details. Other payment methods may be available depending on where you live. It’s important to note that bank account access isn’t available in all countries. Google Pay lets you deposit funds to your digital wallet or make purchases by adding a debit card, credit card, PayPal account or bank account number. Google Pay works in over 40 countries and uses near-field communication (NFC) technology to enable payments. Some options also allow you to send money to or receive money from loved ones.īetter yet, they can be more secure than carrying cash or using a debit or credit card.īut which digital wallet should you use? Here are ten of the best options currently available. More people are abandoning cash and making their purchases digitally since this payment option is convenient and secure.ĭigital wallets give you the freedom to make payments at retailers without carrying a physical wallet with you.
