4-Chase QuickPay

Who says newfangled internet companies are the only ones who can have any fun? Chase Bank has its own method for person-to-person money transfers and it's surprisingly not that bad. Provided at least one of you has a Chase account. Pros You can send money directly to any U.S. bank. Unlike PayPal and Google, you can send money directly to any U.S. bank. Most financial institutions can do this once you've associated your account with another, but Chase QuickPay lets you do so without having to go to the trouble. If you use Chase, you don't need any new accounts. Everything else here requires you to sign up for a service that you're probably not going to be using as your main bank. If you prefer to consolidate, Chase is a one-stop shop. There are no fees at all. Isn't that nice? Chase QuickPay is the one service that doesn't charge money to send or receive. However, Cons Someone involved has to have a Chase bank account. Setting up a bank account is much harder than signing up for PayPal or Google Wallet. If neither you nor the person you're sending money to uses Chase, it's going to be one of the least convenient options. Actually, that's pretty much it. I could nitpick, but really that's the deciding factor. Chase QuickPay is pretty great for Chase customers and useless for non-customers. Pretty black-and-white. In general, there are a lot of ways to send money online, but which one is best really comes down to your needs. As I mentioned earlier, PayPal is fantastic for my needs and I've never had a problem. That's just me, though. There are plenty of alternatives if you don't trust PayPal.