Mobile Payment Apps Comparison. 8 best payment apps in 2020. You can term it as the mother of all mobile payment apps, due to its existence, which dates back to 1998. Some payment apps may charge fees to receive money quicker than the standard time, currency exchange and processing fees, and credit card fees.
Fortunately, we've tested the top apps for using your phone to make. Instead of paying with cash, cheque (or check), or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods.
Mobile payments refer to any payment made using a mobile device.
In this mobile p2p payment services review, consumer reports details which mobile payment service is best for reimbursing a friend or sending someone a money gift by smartphone or tablet. Depending on how it’s set up, you may still need a merchant and/or payment processor, and these providers will charge you for their services. You can securely pay and receive money right from your mobile device. According to a business insider report, p2p mobile payment volume could reach $86 billion per year in the u.s.
