Q4 2020 Android Peer-to-Peer Payments Trends in the US

The fourth quarter of 2020 saw interesting trends in the Peer-to-Peer payments category on the Android platform within the United States. Sensor Tower data provides a glimpse into the performance of the top applications in this segment.

Cash App maintained a strong presence with downloads peaking at 358K in the week of September 28 and ending the quarter on a high note with 285K downloads in the final week. Weekly active users started at 5.8M and reached nearly 6M by the end of December, depicting a consistent user engagement throughout the quarter.

Venmo also showcased a steady performance. The app saw its downloads fluctuate, beginning with 187K in late September and closing the quarter with 176K downloads. Active users saw a decline from 6.4M to around 5.3M, which still indicates a strong user base.

Zelle, a service offered by Early Warning Services, LLC, had downloads ranging from 84K to 107K during the quarter. Weekly active users hovered around the 400K mark, suggesting a solid core of regular users.

BOSS Money: Send Cash Fast, from Boss Revolution, had a modest quarter in comparison, with downloads starting at 6.6K and ending at 6.2K. Active users maintained a level just above 20K, indicating a niche but stable user group.

Lastly, Access Corrections by Keefe Group LLC, showed downloads in the range of 3K to 3.5K for the quarter. Active users were consistent, with numbers staying around 20K throughout Q4.

For more in-depth insights on app performance and trends, Sensor Tower provides comprehensive data and analysis.