Ok, so you've got your mobile cash payment app, whether it be Venmo, Zelle, or CashApp. You're super excited to finally get your old cheap Uncle who somehow fingal's his way out of paying his share of the bill. No doubt, cash apps which allows us to request and send money, makes instant reimbursement easy with the push of a few buttons. But, as with anything new, you should … [Read more...] about 7 Rules of Etiquette When Using Payment Apps
The Changing Concept of Money
Unless you’ve been living under a rock, you may have noticed that the concept of “money” has changed. In this series, Cocktail Chatter will explore the changing nature of “money” as it relates to (1) How goods and services are paid; (2) How investments or projects are funded; (3) Changes in social norms and beliefs surrounding “money”; and (4) Cryptocurrency and Blockchain Technology.
Venmo is popular with the young crowd; Zele aims to please the older crowd. Enter CashApp which is very popular with musicians and hip-hop artists. Created by Square (you know, the company that makes those simple, cute, white devices that many small businesses use to transact business) in 2013, CashApp is one of the hottest cash payment app. In fact, CashApp recently … [Read more...] about Want the P2P app Most Popular with the Hip Hop Crowd? Get CashApp!!!
Zelle's App Works Seamlessly with Major Banks: Chances are that at our age most of you have bank accounts. If this is the case, you may want to consider Zelle which is a mobile app designed to be integrated with banks. Launched in 2017 by several banks (Bank of America, BB & T, Capital One, JP Morgan, Chase PNC Bank, US Bank, Citibank, and Wells Fargo), Zelle allows … [Read more...] about Have a Bank Account Already? Then, Zelle May be For You.
You've probably heard of mobile payment app called "Venmo", but if you haven't, you should because it will make your life a whole lot easier, especially if you go out with friends a lot. Venmo is probably the most popular P2P app. According to EMarketer, over $21 Billion was sent using the Venmo app in the first quarter of 2019 which represents an increase of 73% over the … [Read more...] about Just Venmo Me…
Do you remember when you went out with your friends and the check comes? If there were more than five of you, god forbid…trying to figure out everyone’s share of the bill and then collecting was a nightmare. Maybe, one friend is rifling her purse and produces her $15 share via dollar bills and a handful of coins; maybe your friend needs to goto the ATM at 1 a.m.; worst, … [Read more...] about Say Bye Bye to the ATM and Welcome to the P2P Apps!!!