When it launched, it was miles ahead of PayPal. You could sign up and be transferring money within 10 minutes, and to cash out, once you verified your account i

When it launched, it was miles ahead of PayPal. You could sign up and be transferring money within 10 minutes, and to cash out, once you verified your account information, they actually delivered the money to your account quickly, often as soon as the next business day. PayPal, until recently, never delivered the money in a timely manner, not to mention all the freezes and holds that have them paying out a class action settlement. As of now, I don't disagree. PayPal has successfully adopted most of the best parts of Venmo (though time to receive money remains the slowest of all the competitors) and Square Cash is miles ahead of both of them - the ability to send money to people who don't have an account, and allowing them to access that money without creating an account is simply fantastic. No more conversations with friends like "Look, I'm sorry I don't have cash right now. You can wait, or you can download Venmo and let me pay you now."