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Thanks to the popularization of the internet, buying and selling is an increasingly easier task: receiving money via cell phone is also possible through several robust and reliable applications. Furthermore, there is no shortage of online wallets to choose from, such as Apple Wallet and Samsung Wallet, they complement these apps, and help facilitate various day-to-day transactions.
It turns out that choosing the right one can be difficult. But don't worry, this article will help you with this mission.
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Advantages of receiving money via cell phone
But anyway, why is having the option to receive money via cell phone so important? Well, there are lots of reasons:
Convenience
Has your card machine broken down? Or do you simply not care about the equipment and prefer to receive payment directly via cell phone? It doesn't matter, really: quickly and conveniently, receive funds in a few seconds using a virtual wallet application.
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Accessibility
Applications for receiving money via cell phone are compatible with all smartphone models on the market. In this way, the democratization of financial access becomes even easier.
Less costs
Card machines tend to be quite expensive, in addition to often charging hefty fees on all purchases. On the other hand, mobile applications tend to have lower fees and, in many cases, without the need to pay any type of membership fee.
Portability
Receiving money via cell phone is now possible anywhere: just take your smartphone wherever you want.
Security
All software for receiving amounts via cell phone is protected by cutting-edge encryption. This means that financial data is completely unreadable to potential bad actors. Additionally, you can use the credit card transfer feature to send and receive money quickly and securely.
5 mobile apps to receive money
IMPORTANT: Remember that, to receive card payments via cell phone, it must support the technology NFC. Consult your device's manual for more information.
Stripe
Image: Fit Small Business
Millions of businesses across the planet use the Stripe app to receive payments. The platform was launched in 2010 by brothers Patrick and John Collison and is headquartered in San Francisco, California.
In addition to receiving money via cell phone, users can make use of APIs to integrate Stripe into their online stores, too. If necessary, you can request a card machine.
By default, the company charges 3.99% + R$ 0.39 fee for each successful card charge. However, it is possible to negotiate handsome discounts through tailor-made packages. To do this, you need to contact the team directly.
SumUp
Image: sumup.com
Quite popular in Europe, SumUp is a great and easy app for receiving money on your cell phone. In addition to obviously offering the famous card machines, you can use your mobile application to receive payments.
If you are interested in making extra income, the company offers a financial rewards system for referrals: you can earn up to R$ 150 for each successful referral!
Its interface is very clean and pleasant, making it suitable for all commercial profiles. Support is also very intuitive and straight to the point, as it should be.
The rates are also very attractive: paying 3.10% for a credit card purchase in cash, you receive the amount in your account within 1 business day. If you decide to receive it within 30 days, the rate drops to 1.90%.
AstroPay
Image: astropay.com
This digital wallet is present in more than 100 countries and is an excellent option for receiving international payments. Of course, the entire process for receiving national money is equally quick and easy.
Like SumUp, AstroPay has an affiliate system for those interested in selling their products and services online.
Additionally, you collect AstroPoints as you use the wallet. These points are part of the AstroPay loyalty program, which can be exchanged for numerous exclusive rewards.
Regarding fees, AstroPay charges 2% for each withdrawal.
PayPal (Android/iOS)
Image: Sketch App Sources
Not everyone knows, but PayPal is one of the oldest solutions for receiving money online in the world: the company was founded in 1998 and is present in more than 200 countries. Receive money quickly via cell phone using this safe and solid tool!
One of the great advantages of this app is, without a doubt, its enormous acceptance: practically everywhere you will find people with a PayPal account. This way, you are able not only to receive, but to send amounts instantly in a very simple way.
For domestic payments, PayPal charges 4.99% + R$ 0.60 for each transaction. In the case of international payments, the value increases to 7.4% + fixed fee. It's not exactly the best rate on the market for national movements, but it's one of the most competitive when it comes to transactions outside the country.
Mercado Pago (Android/iOS)
Image: Mercado Pago
Mercado Pago is not just an application for receiving money on your cell phone: it is practically a complete banking ecosystem. Although its interface is not always very intuitive (there are a lot of buttons and information per screen!), the range of products and services is considerable.
This subsidiary of Mercado Livre offers sending and receiving amounts, online and offline payments, digital wallet and a robust buyer protection mechanism. Like PayPal, Mercado Pago is widely accepted, being present in more than 200 countries.
Its rates are among the most competitive among its competitors: 0.84% for debit and credit purchases and 9.89% for installments of up to 12 installments.
In addition to these, there are other mobile payment services, such as Venmo, Cash App and Zelle (run by PNC Bank, a US private network online bank), which allow you to receive and send money to anyone who has the app installed.
Final considerations
Receiving money via cell phone is very safe and practical, however, it is important to take some precautions: always remember to keep your operating system updated and install good antivirus/antimalware software to make your device even more secure.
Taking care of the security of your smartphone is an essential step to avoid major headaches with technical support in the future! Unfortunately, many users still neglect this type of preventive measure.
And you – have you used (or are using) any of these applications? Share your experience!
