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Millennials, teens embrace payment apps, texting $$$ instead of cash

Teens and millennials use payment apps to send each other money. The most popular are Venmo, owned by PayPal; Cash App, owned by Square; and payment apps linked to Snapchat or the smartphone itself, such as ApplePay and SamsungPay.

Smartphone apps like CashApp, Venmo, Zelle, and others let you pay your friends with an app linked to your bank account or credit card.
Smartphone apps like CashApp, Venmo, Zelle, and others let you pay your friends with an app linked to your bank account or credit card.Read moreSquare