Breaking up with Venmo: The best payment apps for privacy and low fees
The numbers bear that out. Sixty-one percent of adults who use the Internet transferred money digitally to a friend or family member so far this year, compared with 51 percent in 2019, according to Forrester data. Of the major digital payment providers, PayPal and Venmo, lead the pack, according to Forrester, with Cash App making fast inroads the past year. In June, Cash App received 2 million downloads worldwide, with PayPal and Venmo together receiving about 11 million, according to data from Sensor Tower.