Best P2P Payments Apps You can use to Pay (and Collect) Money

Best P2P Payments Apps You can use to Pay (and Collect) Money

Best P2P Payments Apps

Here is a situation that almost everyone has faced more than once- you are out on lunch with your friends, split the bill and well, you don’t have the cash to pay your share. Then someone foots the bill and you pay them later. But how? And that’s just one of many use cases where you might need to pay someone (generally small amounts) across the table or across the country. That’s where P2P payment apps come into the picture. These are just like regular banking apps except with much lower complexity.

What P2P apps are for?

Generally speaking, P2P apps are most suited for non-cash micro-transactions. Like to split all kinds of bills, rent, while keeping a tab on all your monthly expenses.

How can you use P2P applications?

These are just like any other banking application where you initially seed your bank account and then make requite transactions. There are, however, two points worth noting here:

  • Most applications transact through debit cards only. Some might offer credit card facility but that would incur additional fees.
  • The recipient must have a bank account.

How do P2P payments work?

If you are skeptic about peer-to-peer money transfers, here is a simplified version of the entire process:

1.    Create an account

Both the sender and recipient should have the app installed and created an account. Some applications allow cross-platform transactions in which case the receiver doesn’t need to have the app.

2.    Seed debit card

 Then you need to feed your debit card details and the app would be linked to your concerned bank account.

3.    Make payments

All you need to do is enter the mobile number/email ID of the receipt to send funds. The amount would be debited from your bank account and deposited in the recipient’s bank account.

Venmo

This is the app with the simplest interface for P2P money transfers. A product of PayPal, it also has a social feature where it displays who your friends are paying and what for- which can be disabled if you prefer privacy.

Google Pay Wallet

Like all other Google’s services, this is a free product that integrates well with other Google applications. For instance, it can be used with Gmail to transfer funds via email without any additional charges.

Cash App

One of the most popular and now known as “Square Cash”, can be used to transfer funds at no additional cost. The application also has a wallet to store funds or you can directly use your bank account. One of its key highlights is that it can also be used to buy and sell Bitcoin.

Facebook Messenger

As most of your friends would already be on Facebook Messenger, it is perhaps the most convenient way to pay them. Sending money via this app is as simple as sending a text. There is just one caveat- the receiver must also have linked a debit card to their Facebook Messenger to be able to receive funds.

PayPal

Now, this is an app that doesn’t need an introduction. Being the pioneer in digital payments and wallets, the PayPal application is one of the best for P2P transfers. It has an in-built wallet and can even be used to send funds across international boundaries. So why isn’t this app on the top of our list? Well, it’s expensive to use. Along with the usual percent transaction fee, it also levies a flat fee for each of the transfers thus putting off many users.

Closing remarks

Apart from these popular apps in the US, there are also other markets like India where P2P payment apps have become immensely popular and extend to P2B transactions as well. In fact, it is currently one of the most revolutionary markets for the fintech sector. So if you wish to build a P2P app, hiring best Indian app developers would yield the best possible results.

Tastebuds: A Dating App Can Be a Music App

Tastebuds: A Dating App Can Be a Music App

tastebuds

The goal of any dating app is to find a suitable match based on one’s interests, values, and preferences, and different dating apps use different approaches to achieve that. While some apps are more overt with the expression of intentions, others use algorithms based on your profile to come up with the best possible matches.

Still others take an entirely different route and come up with creative and innovative ideas like taking a personality test, or sharing movie likes or simply hooking up with people you walk past in the street. So, what’s so different about Tastebuds?

About Tastebuds

Founded by Alex Parish and Julian Keenaghan in 2010, Tastebuds is social networking website with a location-based iOS dating app that matches people based on their musical tastes. The app can be used on iPhone, iPad, iPod Touch and your computer with a simple sign up process. Tastebuds has recently acquired Moosify- a yet another dating app based on music bringing along 100,000 users with it.

Wondering, why a music-based dating app

Music is a universal language understood by one and all. Whether you’re at a disc, a birthday party, an event or a wedding, music plays an integral part in creating the right ambiance and offers a great starting point when meeting someone new. 

Studies have shown that people affiliate musical taste withholding certain values, and Tastebuds simply taps this power to offer you a common ground to begin the conversation. It acts as a brilliant ice-breaker offering information about someone’s personality in a subtle yet personal way. Hence, your choice of music offers others a little taster of who you are avoiding the awkward small talk.

How can music be shared for dating purposes

The success of Tastebuds can be linked to its unique focus on music and its continuous efforts to add new ways to share music and connect with people.

Tastebuds helps discover what other users with similar interests are listening to and has features like sending your match a mixed tape or appreciating their music taste. It also uses location and suggests matches near you. Users can also view how many common artists they have with others. 

In 2012, Tastebuds launched a Spotify app helping users to share tracks and playlists with new people on the music-streaming service.

To access music on the website, Tastebuds offers a Youtube powered radio button to listen to the songs posted by other users with similar music taste and to check out their profiles. Users can send a song to someone to begin the conversation. When looking for matches, users can also manually input their favorite bands. Is that all?

There’s something more to Tastebuds

The best part of this dating app is that ‘dating’ here is not a necessary evil. The app can simply help you socialize and meet people with similar tastes. You can even simply explore new music, find concert buddies or friends, and the app is FREE to use and join. Contact us if you want to create a mobile app like Tastebuds.

Conclusion

Tastebuds believes that meeting new people through music has the potential to mark the beginning of a long-term relationship. It’s a free-to-use location-based dating app that matches people based on their music interests and comes with a few monthly premium plans with additional features. With an easy sign-up process, the app’s user interface is cool and relaxed without posing any dating compulsions, letting you simply explore and make new friends.   

Kotlin vs. Java: Is it Time to Switch from Java to Kotlin?

Kotlin vs. Java: Is it Time to Switch from Java to Kotlin?

Technically speaking, mobile apps can be built in virtually any language. C, C#, C++, Python, JavaScript, Java, PHP, you name it. There is just one caveat- if you are out to build a mobile app in say Pascal- an almost dead language, you would need to build it from scratch. That is, you would need to code every single module and API required for your app- that’s akin to reinventing the wheel over and over again. That’s why no one does it.

If we talk in particular about Android apps, Java was until quite recently the default choice. Then Google extended support to Kotlin as an official language for Android application development. Now the natural question that everyone’s bound to ask is- is Kotlin better than Java? If so, why? If not, why not? Let’s try and answer each of these questions:

Java

With decades of development experience and millions of developer community behind it, Java doesn’t really need an introduction. Parts of Android as an OS itself has been written in Java and given its wide usage, has a very robust community and resource pool.

What makes Java Special?

Java is platform-independent and thus comes in handy while building cross-platform apps.

Since parts of the Android SDK is written in Java, there are no compatibility issues.

Being a product of Oracle, it gets regular updates

Java is fast. It compiles faster than most of the languages around

Given its maturity, it has got a wealth of support tools like frameworks, IDEs, libraries, etc.

Problems with Java

Too much boilerplate code

Compilation, at times, is slower

Kotlin

A product of JetBrains, Kotlin dates back to 2011 but it was only in 2017 that it was sponsored by Google as an official language for Android. Thereafter it has registered an exponential growth in popularity and user community. The language is completely interportable with Java that means any Kotlin code you write would be direly compiled to Java Bytecode.

What’s special about Kotlin?

It solves the pain of null errors by including it in its type system

Much more concise than Java that converts to fewer lines of code that in turn converts to shorter development time and cost

Includes smart extensions that come in handy while building APIs

Completely interportable with Java

Problems with Kotlin

Steep learning curve

Relatively non-existent developer community

Highlights

Kotlin solves two of the most prominent problems of Java- its verbosity and null errors, something that everything that every developer would appreciate once they start using Kotlin.

But to start using Kotlin is perhaps the biggest challenge. App development companies who employ the finest of Java developers won’t just spend resources to solve the problems that expect developers are comfortable with anyway. For new developers, the problem is the exact opposite- they suffer from the problems of Java but simply won’t find expert Kotlin developers as a mentor.

This essentially creates the proverbial chicken and egg problem. Java developers won’t switch to Kotlin until it has a vibrant community. But it won’t have a vibrant community unless developers switch to it.

Final verdict

Now that you have better insight into the comparison of Kotlin vs. Java, the answer to which one’s better is as always- it depends. The momentum that Java has built over the years is its greatest strength. It simply is time and resource-consuming to shift entire teams from Java to Kotlin- thus pushing up the cost of Android app development. On the other hand, if you are just starting out, Kotlin is definitely a better bet for the future.

Here are the Services that Power the On-demand Economy

Here are the Services that Power the On-demand Economy



Ever since the advent of mobile apps, businesses have been trying to integrate them into the formal economy. Be it shopping, gaming, or simply reading the digital version of newspapers, everything that was initially available on the internet was pushed into the mobile domain for wider reach out. And while that strategy has had excellent results, they have in the process created a whole new segment of services commonly referred to as On-demand economy. These highly diverse set of services are combined worth hundreds of billions of dollars and perhaps more importantly, feature the fastest growth rate among other established industries.

Transit & transportation

Uber is currently the most valuable startup in the world but represents more than just a company. It’s a concept that’s literally reinvented the on-demand economy. It’s not that people didn’t call cabs before Uber but the process wasn’t nearly as fluid, ubiquitous, and cost-effective. With a decentralized model built on top of the power of mobility, the company changed the shape of transportation as we knew it. Today, virtually every major city in the world has some kind of Uber-like service with billions of trips completed every year. For cabs and motorbikes to scooters and helicopters, there is now an Uber-like service for almost every mode of transportation.

Hospitality

What Uber is to transportation, Airbnb is to hospitality. Currently valued higher than any hotel chain, hospitality accounts for a large chunk of the on-demand economy. Also, amidst all the on-demand services infamous for running losses, it is one of the selected few that actually turn profits.

Food & hyperlocal delivery

This is currently the most heated space of the on-demand economy with dozens of food delivery apps competing to gain dominance in their respective markets. Apps like UberEats, GrubHub, Just Eat, Zomato, among others have all multi-billion dollar valuations but the market is still far from saturated. Additionally, as those startups build their logistics network, they consistently experimenting with new business avenues like hyperlocal deliveries that are yet to take off in large parts but is evaluated to have massive potential.

Gig economy

The term “gig economy” has gained quite a traction in recent times and if you have ever been confused about its meaning, that’s not entirely your fault. It encompasses a whole array of on-demand services with little in common except they are hired for small or fixed tasks or “gigs” as they are commonly called. Be it laundry, plumber, carpenter, web designer, architect, legal consultant, or virtually any professional service, there are countless on-demand mobile app solutions that deliver such services. Given the immense diversity involved, it is tough to accurately measure the size of this segment but by some estimates, they are worth tens of billions of dollars.

Audio and Video streaming

This is by far the largest segment of the on-demand economy. For instance, Netflix alone is the second largest media company in the world and if you add to it other popular platforms like Prime Video, Hulu, HBO Now, among a host of other on-demand video streaming platforms, it can be easily argued to be the growth engine for the on-demand economy. Further, with the proliferation of music streaming giants like Spotify, Apple Music, etc., the segment is branching in all aspects of media consumption.

If you are looking to acquire a piece of that massive economy through your own on-demand mobile app solution, the first thing you’d need is a clear strategy into which segment you are going to target. Secondly, you would need an expert mobile app development agency to get your plans running on the ground through intuitive mobile solutions. 

Chatbots: Trends and Predictions for 2019

Chatbots: Trends and Predictions for 2019

Chatbot is one of those technologies that seems to be awkwardly stuck in a loop of hype and experimentation but never quite makes it to mass adoption. It’s been now years since chatbots are talked about as a powerful new emerging technology but for the most part, hasn’t taken off. But the very fact that those expectations and subsequent development have been persistent over such a long time is a testimony to their underlying potential. And if you are interested in their future, here is a detailed outlook for 2019:

Centralized ecosystem

Up until recently, the roadmap of chatbot development and subsequent adoption was largely fragmented- possibly one of the reasons it struggled to take off. That is, like web and mobile applications, businesses were moving ahead with their own bots. But now as we know from experience, consumers don’t like or want to talk to fifty different bots! They rather prefer one or two bots that can act as a central hub to manage all different tasks. And that’s the kind of shift we will witness in the coming year

Absence from messaging platforms

In late 2016 to early 2017 messaging platforms like Messenger, Skype, Telegram, and others witnessed a massive influx of chatbots ranging from service discovery to product based. And though it created much hype and excitement at the time, it soon began to falter. Moving ahead in 2019, we do not expect any reversal in this trend. Not only the existing bots on these platforms will continue to remain in oblivion but new bot development for messaging platforms would continue to be off the priority list for most businesses.

The siege on customer support

This is one area where chatbots have had the most visible impact and continue to prosper. In fact, we would be surprised if you haven’t already come across those bots. The most famous example is, of course, the chatbots you would find on Amazon customer support. Given the significant benefits in terms of cost and customer satisfaction, the shift from the human interface to AI-powered chatbots is possibly the most immediate trend that we can expect in the coming year.

Much improved NLP

The successive failure of chatbots in the last few years had been one silver lining- developers acquired vast amounts of high-quality relevant data. Since bots use Machine Learning and Neural Networks to improve their performance, this data has helped them learn and evolve to better respond to human languages. So if you recall a chatbot from a few years ago that couldn’t understand what you were trying to say, they are long past that stage and 2019 may possibly be the year when tech companies may finally claim to have cracked the NLP.

Data privacy

In the last couple of years, we have had an extensive and quite productive debate on the outreach of digital products and services along with security and privacy risks they bring along. There have been numerous data and privacy-related regulations enacted across of the globe of which GDPR remains the most notable. This is both good and bad news for chatbots as they move forward. The good news is that there is now a well-defined framework for future developments and would encourage consumers to use these products with more confidence. On the downside, keeping up with all those regulations is going to be an uphill task.

Though we can’t say 2019 is going to be the year when chatbots would finally explode to mass adoption, there would nonetheless be some very crucial breakthroughs. Be it their integration with a larger number of services, background improvements in NLP and security, or their popularity in customer support, app development services are going to have some really exciting projects in this domain that would set the stage for its wider adoption in future.