In terms of ways of receiving money, Cash App and Venmo are on the same playing field. That way, you don’t need to have someone’s contact information before you can pay them, which makes paying friends or colleagues much quicker and easier. Simply tap on someone’s name or icon, and send them the amount they need. With this feature, you’ll be able to see other nearby Cash App or Venmo users on your app when you have your phone’s Bluetooth on. By contrast, Cash App only lets you link one bank account and one card to your Cash App account.īoth apps also let you pay via Bluetooth low energy (or Bluetooth LE), a feature they both call Nearby Payments. However, Venmo makes up for this by letting you link two bank accounts and two cards to your account. With Venmo, on the other hand, you can only choose between three payment methods: your bank account, debit card, or credit card. ![]() ![]() ![]() Besides being able to pay through your bank account, credit card, and debit card, you can also make payments using Google Pay and Apple Pay. Cash App vs Venmo: A Quick Comparison Featuresīank account, debit card, credit card, Google Pay, and Apple Payīank account, debit card, and credit cardīank account, mobile wallet, ATM, debit cardįree for standard transfers, 1.5% for instant transfers, 3% for transfers via credit cardġ-3 business days for standard transfers, at most 30 minutes for instant transfersĬash App vs Venmo: Payment Methods Photo by Tech Daily from UnsplashĬash App has an advantage over Venmo when it comes to payment methods.
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