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Save Money with These Payment Options on your Mobile

These days, there seems to be an app for just about anything. Want to order food from your nearest restaurants? There are multiple apps for that niche. If you want to enjoy mobile games, play stores are full of app games.

The finance sector isn’t left behind as it’s represented with hundreds of mobile payment apps on Play Stores. The only problem? Most of these apps are expensive, have poor customer services and can be difficult to use. Below we look at some of the most intuitive payment apps that help you save money when used for specific kinds of payments.

Google Pay- -Best for Online and Physical Store Payments

Google Pay is a revolutionary payment app that allows you to make swift payments on any online or physical store. It was designed to end the frustrating process of entering your payment details for every other payment. Your email address or phone number is enough to log you into your account and make payments possible.

The app is linked to your credit cards. So, all payments done with the app are deducted from your cards. There are no extra fees for using Google Pay. You only pay whatever amount your credit and debit card provider charges you. The app is available for most modern Android apps and supports NFC payments.

AliPay- -Best for Buying Items from Asia

If you regularly import products from China, particularly using Alibaba and AliExpress, Alipay is the best payment app for you. Designed by Alibaba, AliPay lets you fund the app and use the money from any online payments.

Thanks to the huge population in Asia and the success of Alibaba, Alipay is the biggest mobile payment app in the world. It surpassed PayPal in 2013 and had over 870 million users by 2018. Anyone can use AliPay. Simply link a credit card to the app and start paying for products anywhere it's accepted.

Payforit- -Best for Online Casino Payments

The number of mobile casinos has never been higher. Almost all gambling sites are available on smartphones. And as for the gamblers, you don’t have to struggle with deposits anymore. Payforit is customized to suit online casino payers although it can also be used for most mobile in-purchases.

A credit card or a registered UK mobile phone is needed to fund your casino sites. It targets mostly UK citizens and offers a wide range of benefits to them. With the app, you don’t worry about revealing your credit card details to every other casino.

Prepaid mobile users can control their bankrolls easily. The app also recognizes your number automatically and alerts you after every deposit. If you enjoy gaming on UK-based sites, find a list of all the platforms that accept Payforit on mobicasinos.co.uk.

Cash App (Square) - -Best for Micropayments with Friends

You don’t have to procrastinate paying back your friends for the small loans they lend you. If you are out with a friend and she lends you some cash to buy a pair of jeans after you forgot your wallet, pay them instantly with Cash App. Formerly known as Square cash, this app lets you send or receive any kinds of payments instantly.

With the aid of their debit Visa Card, you can also withdraw the money at any ATM card. New members are welcomed with $10 bonuses when they send amounts larger than the bonus amount. While it's popular with individuals, the apps also work for large organizations. The only drawback is that it's not available outside of the US.

Levelup- -Best for Restaurants

Google Pay works just fine for many restaurant payments. But for a better experience that includes analytics for your guests, Levelup is a better alternative. Levelup works by allowing hotel guests to connect their credit cards with a QR code found on the app.

Customers pay by scanning QR codes placed inside restaurants and stores that accept Levelup. To attract customer loyalty, the app makes it easy to offer rewards and create loyalty programs. Like Cash App, Levelup hasn't gone global yet- -allowing Google, Samsung, and other apps to dominate the restaurant industry.

Apple Pay- -Best for iPhone users

Google dominates the Android market with Google Pay. Apple, by contrast, caters to their iPhone users. Unlike Cash App and Levelup, Apple pay is available for use by anyone around the world. About 85% of Apple pay users live outside the US and is used by 252 million people.

Apple pay's customers link their Visa, MasterCard or American Express cards to the app. When you need to make any payments, simply Ask Siri to complete the payment for you. The app comes pre-installed and can be linked with all Apple products. You can use the app for all kinds of payments, and soon you'll be able to use it for NFC payments.

Venmo- -Best for Sending Money to Friends outside the US

Owned by PayPal, Venmo was released as an alternative for making micropayments between friends. If you owe your friend $10, Venmo allows you to complete the payment instantly and with low charges. You pay 3% for payment made from your credit card deposits. You are charged nothing for payments made from your Venmo balance or from a debit card.

While it was designed to resemble a cash sharing app for friends, Venmo is also an accepted payment method in many US stores. And considering it’s free for all payments except with credit cards, it’s great for savings.

Jaxx- -Best for Crypto Payments

If you didn’t abandon bitcoin the moment its value started dwindling, you are probably a real fan. If you also make regular crypto payments, consider using Jaxx for your mobile payments. In an industry filled by unreliable apps, Jaxx is proving to be the go-to app for all mobile payments. It’s easy to use, safe and supports multiple coins.

To Conclude

Play stores are full of apps that let you make general payments. But if you would love to save money, don’t pick just about any app. Platforms that target specific niches like Payforit and Jaxx are cost-saving and easier to use on those niches. However, have many apps and use them for different payments. It will be easier to find the perfect apps for you.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.

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