Cash App vs.Venmo: Does It Make a Difference?

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Let compare the features and benefits of each payment app

Fees, Where they are accepted, ease of use, and additional features are important to me and will sway the use to my Cash App or Venmo App. I am certain that payment apps are the way to pay right now and are gaining traction.

Payment Apps a Quick Intro | What are Payment Apps

Payment apps have made it possible for everyday people to tranact with each other, split lunches, and collect payment for services, and even get pay back for an old loan. Payment apps such as Venmo and Cash App act like a credit card processor for businesses, but on a person to poerson level. Here are a few features that most payment apps have.

Payment App Common Features

Send Money to almost anyone from your mobile device
Request Money from almost anyone with your mobile device
Bill Pay
Direct Deposit
Fees
Debit Card
Mobile Interface
Uniq to App Features

Compare Cash App VS Venmo App

Crypto Currency | Bitcoin

The Cash App has a feature that I haven't seen in another payment app yet. They allow you to buy, sell and send bitcoin. They are in negotiation to bring Lightning to market offering a paractical and lightning fast crypto currency option. The more crypto is accepted and used, the better it will be for the market.

FEES | Cash App | Venmo

Avoid the fees when using the cash app by using the debit card rather that tranfering your balance. The user is not charge any fee for day to day or personal transactions. This makes it virtually FREE and possibly PROFITABLE using the Cash app (Bitcoin increases when you have it in your cash app wallet + profit!!)

Summary

I'm sure that both the Cash App and the Venmo payment app with stay in my smart phone and in my wallet as debit cards. It is obvious that I am partial at this point to the Cash App. I am watching a few other up and comers though. I really like the Facebook marketplace payments, and can't wait for the lughtning app or feature to come out of beta testing.