PayPal vs. Google Pay vs. Venmo vs. Cash App vs. Apple Pay Cash

Money makes the world go ’round. Whether you owe a friend for drinks or you need to send rent money to your roommate, the easier it is to transfer money to friends and family, the better.

With modern technology, there are plenty of great options for sending money to others. Sure, PayPal may be the best-known of these services, but it’s certainly not the only one. Google reorganized Android Pay and Google Wallet into a single service called Google Pay. Then there’s Venmo, which has skyrocketed in popularity, and Cash App, built by payment company Square. Perhaps it was a little late to the game, but we can’t forget about Apple Pay Cash.

Which of these payment services should you use to send money to your friends, family, and others? We put them side by side to find the best.

PayPalGoogle PayVenmoCash App
Apple Pay Cash
CompatibilityAndroid, iOS, WebAndroid, iOS, WebAndroid, iOS, WebAndroid, iOS, WebiOS
Payment methodsCredit, debit, bank transferCredit, debit, bank transferCredit, debit, bank transferCredit, debitCredit, debit
Credit fee2.9% + $0.30Up to 4%3%3%3%
Debit fee2.9% + $0.301.5% or $0.31 (whichever is greater)Free (1% for instant transfers)Free (1.5% for instant transfers, min $0.25)Free (1% for instant transfers, min $0.25)
Bank transfer feeFree (1% for instant transfers)FreeFreeFreeFree
Withdrawal speedAround 1-3 business daysAround 1-3 business daysUsually 1 business dayAround 1-2 business daysAround 1-3 business days
Transfer limits$10,000$5,000$5,000$7,500$10,000
Special featuresPayPal.me shareable linksIntegration with other Google servicesQuick transfers to banksNo need to set up an accountAutomatically available in iOS

PayPal

As previously mentioned, PayPal is perhaps the best known of these services — though that has been changing in recent years. PayPal has long been the go-to for online shopping, and the fact that it can be used to transfer money between friends is simply a bonus.

PayPal’s interface is extremely easy to use, largely thanks to a major redesign. Simply open up your PayPal account, press the “send money” button, and follow the instructions — it only takes a few seconds to send money. The PayPal.me initiative has made sending money even easier. If you have your friend’s PayPal.me link, simply follow the and enter how much you want to pay them. There are no fees to send or receive money from friends and family in the U.S — but if you’re sending or receiving payments from another country, fees apply.

What PayPal has going against it, however, isn’t related to its ease of use. Out of the five services, PayPal is the most expensive, if you don’t want to connect the service to your bank account (or for sending or receiving international payments). Now, we would highly recommend connecting it to your bank account anyway, as it makes things a lot easier if you happen to lose your debit or credit card or when you get a new one. However, if you choose not to, PayPal will be one of the most expensive services for you. Not only does it charge a 2.9% fee for money sent from a debit or credit card, but it also charges an extra 30 cents on top of that. If you’re planning on sending or receiving money internationally, fees are even steeper.

PayPal also charges a 1% fee for instant withdrawals to your bank account or card.

One advantage is that PayPal allows the largest transactions of the bunch, tied with Apple Pay Cash and Google Pay. Using PayPal, you can transfer up to a hefty $10,000. Most people won’t need that — but it’s nice to have in case you do.

You can pay for goods in stores by scanning the app’s QR code to pay using PayPal, or use the Pay Later feature to spread the cost of purchases by paying a down payment today and the remainder in three installments.

Like some of the other services on our list, PayPal won’t transfer money directly to your bank unless you manually do it. Instead, money will sit in your PayPal account and can be used for purchases or sent to your bank, as you see fit. Also, PayPal Credit users might prefer PayPal, as it eliminates the need to have any extra accounts.

Android iOS

Google Pay

Google Pay is one of the cheapest services on the list, although with the launch of the new Google Pay app, fees have changed slightly. You can no