Top 3 Mobile Paying Apps for Android – Your Phone is Your Wallet

First there was barter trade– exchanging one object for another. Then individuals were paying with coins and bills for objects they wanted. Then businesses relied more and more on the public to use credit cards for instant source of funds. And now we rely on digitized cash. Cash only exists as numbers on sites, but not as much as a government issued chit of paper.

In this article we cover the details on the most recommended apps on Android to assist with paying for things you purchase. With the newer NFC (near- field communication) technology, and newer smartphones incorporated with NFC, digitized cash is not far from replacing a physical wallet in the near future.

Top Mobile Paying Apps for Android – Your Phone is Your Wallet

1. Google Wallet

Which is the best app for Android than Google’s own Wallet?

Use a recipient’s email or phone number to send money. The recipient is required to verify the identity once he or she receives the alert regarding money coming their way.

INITIAL SETUP

1. (Desktop) On the site “google.com“, click on “Sign In”
2. Fill in the fields for “Name and Location” and “Payment Method” > “Accept and Create”
3. Click on the “Gear” icon to access your Privacy Settings.
4. “Personal Information” > “Verify” > This will link you to the “Verify your identity” page > Complete the form with the name, address and date of birth.
5. “Settings” > Create a 4- digit pin > Re- enter > Click to check the box beside “Require PIN for money- related transactions on the web”.
6. On the main page, click on “Payment Methods” (left- hand menu) > “Add to Wallet Balance” > “Link a bank account” > “Add a credit or debit card” or “I’ll do it later”
7. (Smartphone) Playstore > Google Wallet > Install
8. “Google Wallet” > “Select an Account”
9. Create a 4- digit pin > Re- enter
10. “Payment cards” > Enter the credit card information
11. To add other forms of payment, click on > “Wallet Balance” > “Add Money” > Enter the required details to set it up.

AT POP TERMINALS

1. Turn “NFC” option on your smartphone > Tap on any POP (point of purchase) terminals
2. Click on “Transactions” under “Google Wallet” app to retrieve receipts.

TO SEND/ RECEIVE MONEY

1. (Smartphone) “Google Wallet” > > “Send Money”
2. Enter the required amount > Select the recipient’s phone number > Enter memo (optional) > “Send”
3. (Desktop) On the site “google.com“, click on “Sign In”
4. “Send Money” (left- hand menu) > Enter the recipient’s email > Enter the amount > “Send now”

 

2. Venmo

This app is only compatible with the US banks. Use contacts from your social media accounts such as Facebook, Twitter and Foursquare, as well the usual phone numbers and emails. Transactions involving bank account and debit cards are free. But credit card usage come at an additional charge. There are also options to pay for any split bills. Both sender and recipient require a Venmo account.

INITIAL SETUP:

1. (Desktop) On the site https://venmo.com/w/signup > Fill in the fields or click on “Sign up with Facebook”
2. (Smartphone) Playstore > Venmo > Install
3. “Venmo” > Enter the preferred email address> Create your password > “Allow Venmo to access your contacts” > “Allow”
4. “Venmo”> “Connect Facebook” (this will automatically access your profile details and contacts)
5. Check your phone or email to access the 5- digit verification code> Enter this on the app screen
6. Add your bank account, debit card or credit card information

TO SEND/ REQUEST MONEY:

1. “Venmo” > Select the recipient > Enter the amount
2. Choose “Request” or “Pay”

 

3. Square Cash

This app is exclusive for use in the US only. This app only requests for an email and a financial information (bank, debit and credit cards). However, transactions involving credit cards is at an additional charge. There is no necessity for both parties to own a Square Cash account.

INITIAL SETUP:

1. (Smartphone) Playstore > Square Cash > Install
2. “Square Cash” > Enter your phone or email > “Next”
3. Check your phone or email to access the verification code> Enter this on the app screen > “Next”
4. Choose your purpose for the cash transaction from “Personal” or “Business” > “Next”
5. “Settings” > “Link Bank Account” > Enter the relevant details > “Verify”
6. Square Cash will instantly deposit and withdraw $0.01 from the linked account.
7. You should receive an email titled “Your bank account has been successfully linked.”
8. Also, create your unique “$cashtag” > > “Pick your unique cash name” > Enter your preferred name > “Set” > Switch “Toggle.me” on
9. (Desktop) On the site https://cash.me/login > Enter email or phone > Enter password
10. “Account & Settings” (sidebar) > “Bank Accounts” > “Add Bank Account” > Enter the relevant details > “Verify”
11. Square Cash will instantly deposit and withdraw $0.01 from the linked account.
12. You should receive an email titled “Your bank account has been successfully linked.”
13. “Edit Profile” > Enter your preferred name in the “$cashtag” field > “Save” > Switch “Toggle.me” on

TO SEND/ RECEIVE MONEY:

1. “Square Cash” > Enter the amount > Click either on “Pay” or “Request”
2. Enter recipient name, “$cashtag”, phone > Enter any note details if required > Click either on “Pay” or “Request”
3. An email or SMS would be forwarded to the recipient.
4. (Desktop) On the site “Cash.me/$cashtag” > “Sign In” > Enter amount > “Pay”

 

Pick your choice!

These are our suggestions, make sure you read the rules and regulations before signing up.