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Electronic Banking, which electronic bank is right for you?

Posted by North Eastern Group Realty on February 14, 2019
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We have reached the era where electronic banking is a very highly recommended and used way to transport money easier, and straight to your bank account! Here are different online banks you can try!

Venmo- Venmo is the most popular of the online banking community. all you do is sign up with a username/email, and password and you can go ahead and send and transfer money. Say a friend of yours owes you $20 because you bought them lunch, with venmo they can transfer you the money to your venmo account, venmo allows debit cards to also be used, just pick a color and your pin number and the card is shipped right to your door! If you chose not to order a venmo card, you also have the option to transfer the money straight to your bank! Venmo has a .25 cent fee when you transfer, so 19.75 is going to your bank!

PayPal- PayPal is also a widely used form of online banking! PayPal is specifically used for working and growing businesses, (photographers and babysitters etc.) You can send and request money from others as well! The set up is very similar to Venmo’s, its easy to used and saves a lot on the hassle of checks or cash! PayPal has a .30 cent fee when transferring your money to your bank that a friend sent to you!

Cash-app: last but not least, cash-app can be used the same way both Venmo and PayPal are used! the transfer fee is also .30 cents, with cash-app $10,000 can be sent at one time! But the app only allows $50 withdraws each months, the set up is the same as venmo and paypal.

With online banking, sending and receiving has never been easier! sending and receiving money electronically has made paying back others that much easier! At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or to find a Fort Wayne Realtor, visit our website at

North Eastern Group Realty is Fort Wayne’s largest independent real estate company locates at 10808 La Cabreah Lane, Fort Wayne, IN 46845

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