Cash App Vs Venmo Vs Zelle. Summing up cash app vs. Online banking customers who have accounts at participating banks can send money to anyone.
The other one is like a checking account. The zelle app is already a feature within existing bank apps. My daughter (16y) has a couple of accounts at our credit union where we have our checking and savings accounts.
Payment transactions occur within minutes, which is faster than other apps, like venmo.
Venmo, owned by paypal, was the first, and is the number one choice among. It allows you to send and receive money. We tested everything from the first payment app paypal to corporate cousin venmo, the up and coming cash app from square, apple, facebook and google's payment apps and zelle, the bank consortium. In those services, you carry a balance until you’re ready to cash out, which is a process that takes a few days unless you pay a fee.
