I've had the idea to do payments with my housemates in crypto, so this piqued my interest, but this is shady. Not a great way to establish trust, and I'd say that's fairly important if you're in the business of handling people's money.
I really like that this is payment app 3.0. First there were fees to transact money, then Venmo came around and there were no fees to transact money... now we are getting paid to transact money with Metal Pay. This is huge for me, and everyone I know.
A lot of people don't know but the app graphic design comes from Sid Parihar and friends. Sid was the head designer at Apple and designed many of the familiar graphics we all know. It just feels light and fun to use the app (very addicting).
I like that it is an actual FDIC-insured bank essentially (hence the social security request), but that means they are solid and regulatory compliant.
Looking forward to all the new features coming soon!
You will be required to enter your SSN in during signup. This is because Metal Pay is FDIC insured, unlike Venmo and Cash to my knowledge. Sign up process is easy and straightforward. App and UI is very beautiful.
I checked off 1 month usage as I was an Alpha Tester and seen what this app is capable of during alpha testing. Pennsylvania is not on the list of 34 states so I cannot verify the final product, but the Alpha was something to envy. Metal Pay Rocks!
I was a test user, now using the launched app. Metal Pay features a simple UI that is much better than Venmo or Zelle. The best part is that you gain rewards by using it - just for sending money to someone like you would normally! Compare that to other payment apps that charge fees, are hard to use, etc., and it's a no-brainer. Metal Pay rocks!
