The Digitizing of Today's Currency 

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clararobert
Posts: 170

Joined: 12/5/2018
Topic  The Digitizing of Today's Currency       Flag »  Reply »
You may not believe me, Crypto Prophecybut if I told you ten years ago that money could be transferred through your cellular device from one person to another with little to no cost would you believe me? In the past couple year's mobile peer-to-peer payment applications have gained tremendous popularity amongst teenagers and young adults throughout the United States. Many companies are simplifying the payment process amongst consumers on an international level by evolving the peer-to-peer payment system.

Companies such as Venmo, PayPal and Cash App have made it extremely easy for consumers and businesses to transfer money from one another at little to no cost. Cash App is the fastest growing of the three and is now ranked the #1 finance application on Apples Application Store in the United States. It's efficiency is like no other, once you have your card information linked to the application, with the use of an email or phone number money can be sent from one account to another just in the push of a couple buttons on your smartphone. The person receiving the funds can choose to receive it instantly at a small fee (1.0%) or choose to receive the money in 2-3 business days without being charged any fees.

Although the service isn't extremely profitable for the owner of the company its accessibility provides millions of active users to make peer-to-peer payments amongst each other on a daily basis. Cash App recently decided to go international by making itself available on all app stores across the US, Canada, Japan, Australia, and the United Kingdom to maximize its practicality across the world.
  Wednesday, January 23, 2019 at 12:52:09 AM
adobre
Posts: 19

Joined: 11/17/2018
Reply  Re: The Digitizing of Today's Currency Flag »  Reply »
I hope to see more updates from you. Thank you for sharing the information instagram viewer
  Wednesday, January 23, 2019 at 2:25:53 AM

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