Sometimes, friends and family members need financial assistance on the fly. These are five ways you can send someone money quickly and conveniently:
PayPal is one of the most popular ways to send someone money. The money you send to your loved one will be an instant transaction, and that person can spend it right away. PayPal takes only a second to join. You’ll need to have a valid email address, physical address, and phone number to create an account. You can send someone money using their PayPal address, and you can use the funds you have in your account or a credit card to send them the cash.
2. Cash App
Cash App is another popular site that people use to send other people money. It’s another concept that allows money to transfer quickly. You will need to create a $Cashtag and have a debit card for the Cash App application. Some prepaid cards do not allow full functionality. Therefore, you’ll need to research it before you can sign up.
Venmo and PayPal provide similar services. In fact, Venmo is an extension of PayPal. The difference in the two services is how you can make payments to other people. PayPal will allow you to make payments through an application on the mobile phone or from your desktop online. Venmo only allows payments through the mobile app. If you don’t like the idea of that restriction, you might be better off using PayPal. Signing up for Venmo is quite simple, nonetheless. You can have an up-and-running account within a few short minutes.
4. Western Union
Perhaps, you’d prefer to conduct your money transfer through Western Union. Western Union has been around for a long time, and it’s a reliable option. The company has made many revisions to its processes over the years, and it now allows customers to make easy, hassle-free transfers to their family members and friends.
To initiate money transfers, you can visit their site and simply hit a “send money” button. That will take you to a screen where you will enter the amount you want to send and some identifying information for security.
You can send the funds directly to the person’s bank account, or they can pick the money up at any Western Union location. You can pay in a store or in the comfort of your home. You may send up to $400 using this method.
Moneygram is a service similar to Western Union. You can use their online site to send money to someone who needs it. You’ll need to create an account for security and to track the movement of the funds.
MoneyGram offers clients the ability to send and receive money at physical locations as well as online. You can use your bank account or mobile wallet to send funds to a friend or family member in need.
Don’t hesitate to use one of the above-mentioned methods to send money to someone you care about. You can help them take care of an emergency quickly.