Cash App Is Good But PayPal Is Better - Quick Analysis

Posted by Edward on September 21st, 2021

Some payments apps are known for fast money transfer services while many others are popularly known for their safe and reliable money transfer services. But, there is one such app which gives the best of both worlds. And that app is PayPal. Yes, by using PayPal you can be sure of the both fast and safe money transfer services.

There is no doubt in the fact that PayPal is an awesome payment app. The prominence and popularity of PayPal could be gauged from the fact that it has more than 286 million active users who are spread across the world. But, it does not mean that other payment apps are less in comparison to PayPal. After PayPal the second most popular payment app is Square Cash App.

There are many best things to like about Cash App. Even in some cases, Cash App could be considered better than PayPal. For example fast and free Cash App direct deposit. If you are fed up with your current payment app and looking to try a new one then you might like to use PayPal or Cash App. But, before you make up your mind and pick anyone, you must read this post and find out which suits best to your requirement.

In this quick helping post, we are going to discuss the both sides of the PayPal and Square Cash App payment apps. So, as we always do, let\'s start from the basics.

PayPal Pros and Cons

PayPal comes with a long range of features. Some of the most popularly known features of PayPal are barcode scanning; bill me later, credit card reader, mobile check deposit, express check out, direct deposit, and fundraising. In addition to that inventory tracking, mobile card reader, online invoicing, and shopping cart features are available to simplify the process of the overall payment experience. All these benefits contribute to the bright side of PayPal.

Now coming to the downsides of PayPal. Well, frankly speaking, there is no such thing that we can call bad about PayPal. However, there are some features which are not available in PayPal. But, it does not mean that everything is fine with PayPal. Many people who use PayPal could be seen complaining about the PayPal fee. As PayPal is available in more than 100 countries, many people want to send and receive money outside of the US but they grow sad when they realize that international payments are not free on PayPal.

PayPal also charges different kinds of fees for different features. For example, bank deposit, payment through credit card, paycheck deposit, and receiving money for goods and services are subject to fixed charges and fees. I recommend you to check out PayPal\'s official website to find out how much the fee is applicable for any specific service in your country. And the poor and sluggish PayPal refund process is also criticised by a large number of people.

Cash App Pros and Cons

Here comes the next popular payment app- Cash App. Remember what I have told you earlier. There are many features which are not available in PayPal. Many of those features which are not available in PayPal could be found in Cash App. Cash App investing feature in stocks and Bitcoin is the main feature that PayPal users miss a lot. Other than this, Cash App boost is the second most sought-after feature which is not available in PayPal.

As we are talking about both sides of the Cash App, cons are important to mention. Sadly, Cash App is also not free from so many drawbacks. First, in comparison to PayPal Cash App has limited features.

What features are not available in Cash App? It might be your next question.

See, as Cash App is not made for commercial purposes, so the absence of the business related features are quite obvious. Plus, Cash App is largely available in the US. However, it works in the UK as well but it is not popular over there. Most importantly, as Cash App is not FDIC insured so getting Cash App refund might be quite difficult sometimes.

In terms of similarities, both PayPal and Cash App have direct deposit, exclusive debit card services, fast, safe, and user-friendly interface. Also, both are accessible through mobile phones and official websites.