Thumzup’s platform enables virtually everyone to earn cash for posting on social media about companies and brands listed in the Thumzup App. We are thankful to Thumzup’s shareholders for their continued support and look forward to keeping you posted on our progress.” “We believe Thumzup’s platform has the potential to disrupt the $208 billion online advertising industry, similar to how Uber and Airbnb disrupted the transformed the transportation and hospitality industries, respectively. “We believe that the impressive growth in weekly usage of the Thumzup platform suggests that our service is resonating with businesses and users in the Westside of Los Angeles – and as the density of platform activity continues to increase, we believe it is becoming increasingly likely that a viral loop may form.” stated Robert Steele, Founder and Chief Executive Officer of Thumzup. By incentivizing everyday customers to become advocates for the brands they love, Thumzup offers believes that it is offering users an easy way to earn money while promoting products and services they enjoy. The Thumzup mobile application, available for download in the App Store and Google Play, incentivizes everyday customers with cash, simply for posting on social media through the Thumzup app in support of their favorite brands. Los Angeles, CA, J(GLOBE NEWSWIRE) - Thumzup Media Corporation ("Thumzup") (OTCQB:TZUP) today reports that the number of weekly paid posts made through its platform has grown by over 3,000 percent since the first week of January 2023. Indeed, a variety of increasingly common Zelle scams have plagued users across the country in 2022.Available in the App Store and Google Play, Thumzup Enables Virtually Ever yone to Earn Cash Rewards through Venmo and PayPal for Posting on Social Media about Participating Brands (Not all banks and credit unions participate, but most do.) While Zelle won't charge you to send or receive money, some banks may apply fees to transactions made using the technology.īecause of its instant nature and its inability to reverse transactions, Zelle has come under fire for not doing enough to protect consumers from fraud. You can download the Zelle app or use it on your bank's website, if it's one of the 1,300-plus institutions that support it. Just enter the email address or phone number of the person you want to pay, and boom: The transaction is instant, and all of your contact info and bank account details remain private. There's no app to download or account to set up. Owned by a collective of seven US financial institutions - Bank of America, Capital One, Chase, PNC, Truist, US Bank and Wells Fargo - Zelle allows you to transfer funds directly between bank accounts. Read more: How to choose a rewards credit card For more, learn the difference between Google Wallet and Google Pay, see how payment services are simplifying crypto and discover the best "buy now, pay later" apps. Read on to find the most popular apps you can use in the US to pay for goods and services, request contactless payment and send money to friends and relatives. Most services will take 1-3 days to complete transfers, while offering faster processing for an additional fee. While online payment services make sending people money as simple as a few taps on your phone, consumers should consider fees and security risks, as well as how quickly they need to transfer funds. On the flip side, usage of online services for interpersonal payments nearly doubled when compared with 2020. Americans' use of paper money for person-to-person payments dropped below 50% for the first time ever in 2021, according to the Federal Reserve Bank of San Francisco. For settling debts with friends, cash is on its way out.
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