Square’s Cash App – Global Money Transfer Company And Platform

The Square’s Cash App is the former name of a mobile payment platform currently called the Cash App. The Cash App is a mobile payment service that was developed by Square Inc, hence the initial name Square’s Cash App. Square Inc. is an American financial service, merchant services aggregator, and a mobile payment company based in San Francisco, California. This company markets software and hardware payment products and has expanded into small business services. The Cash App is only functional mobile devices. The operating systems of this app are iOS and Android. To find out more about the platform, continue reading.

Square's Cash App

Square’s Cash App

The Cash App was first introduced in March 2015 for businesses. The app includes the ability for individuals, organizations, and business owners to use a unique username to send and receive money. This unique username is known as a $cashtag.

The Cash App platform allows its users to transfer money to one another using a mobile phone app. However, in January 2018, the Cash App expanded to support bitcoin trading. The application is available in both English and French.

Cash App Services

The cash app services are quite beneficial to every user. Some of the services that are being offered to customers are as follows.

  • Payments: with the platform, you can send and receive money with anyone, donate to an important cause or tip professionals. All you need do is enter a $cashtag, phone number, or scan their QR code to pay.
  • Banking: on the Cash App, you can receive your paycheck, tax returns, and other direct deposits up to two days early using your Cash App routing and account number.
  • Cash Card and Boost: the cash card is a free, customizable debit card that lets you pay online and in stores. It is the only way to get a boost, instant discounts that work in places where you want to spend.
  • Investing: Cash App helps you invest in stocks and bitcoins too. Whether you are an expert or just getting started in investing, Cash App is the fastest and most accessible way to invest in stocks and can start with as little as $1. The Cash App is the fastest way to convert dollars to bitcoin. You can buy an entire bitcoin or just see what it is all about.

All these services offered by the Cash App can only be accessed when you have downloaded the application and successfully installed it into your system. However, the platform is only available to persons in the United States of America. if you do not reside in the United States, you can access the Cash App since it is not yet available to any other country outside the U.S.

How To Download The Cash App

As mentioned earlier, you have to download the Cash App to access the services they offer to you. To download the Cash App is quite easy and simple. The steps involved are the regular steps taken to download any application into your mobile devices. To step to follow to download the Cash App are;

  • Open your Apple Store or Google Play Store on your mobile device.
  • Search for the “Cash App” and tap on it.
  • Tap on the install icon. This would both download and install the application into your phone automatically.

When the download and installation is complete, you have successfully downloaded the Cash App to your mobile device. Now, you have to open an online account with the platform so you can access the features and services the Cash App platform can offer.

The online account can only be opened via the Cash App and not through the online webpage. The requirements needed to open a Cash App online account are your name, active email address, phone number, a preferred and secure password, and a unique $cashtag name.

How to Use Square’s Cash App

The Cash App is majorly for sending money and receiving money too. On the Cash App, you can send payment, receive payment, buy and sell bitcoin, cash-out through the application, load your Cash App online account directly from your bank account, and also invest.

How To Send Payment

To send money via the Cash App platform, you have to go through the application on your mobile device. The steps involved are simple, easy, and quick. You can send money in a matter of minutes. The steps are;

  • Open the Cash App on your device.
  • Login into your account if you logged out previously.
  • Enter the amount you want to send.
  • Tap the “Pay” icon.
  • Enter the email address, phone number, or the $cashtag of the recipient of this transfer.
  • Enter what the payment is for. This is like describing the reason for the payment.
  • Review all the details you enter, especially that of the recipient.
  • Then tap on “Pay” if you are sure of the details provided.

Payment or transfers made via Cash App can be refunded and they would be returned instantly to your Cash App balance. However, any payment on the Cash App cannot be canceled this is because the payment is usually instant.

How To Receive Payment

To receive payment is as instant as sending payment. With the Cash App, you can receive money transfers to your online account and this payment would be automatically added to your Cash App balance. Any payment sent to your Cash App account would be visible on your activity feed. To receive payment, follow these steps;

  • Open your Cash App on your mobile device.
  • Log in if necessary.
  • Tap the “Activity” tab on your Cash App home screen page. This would display all the payment you are yet to receive.
  • Select the payment that you want to review.
  • Then tap on it to receive it.

If an expected payment appears to be missing from your activity tab, it may have been sent to another phone number or email associated with you or not sent at all. You can also refund a payment sent to you.

How To Add Cash To Your Cash App Account

For your Cash App to be funded, you need to add cash to it. This can be done directly from your bank account. By adding cash to your Cash App online account, you would be able to invest, buy, and sell bitcoin, and then send payments. The steps involved in adding cash to your online Cash App account are;

  • Open the Cash App on your device and login if you are not already.
  • Tap on the “Banking” tab on your Cash App home screen.
  • Press the “Add Cash” icon.
  • Enter the amount you want to add to your Cash App account.
  • Tap on the “Add” icon.
  • To complete the process and authorize it, use your touch ID, or simply enter your PIN to confirm.

After adding the cash, now you can proceed to use the Cash App account for your money transactions allowed on the platform.

How To Cash Out On Cash App

You can cash out of the Cash App directly to your bank account. The cash out would appear on your statement with the prefix “Cash App*”. To cash out from your Cash App into your bank account, follow the steps below;

  • Open the Cash App and log in to your account.
  • Tap on the “Balance” tab on your Cash App home screen.
  • Then tap on the “Cash Out” icon.
  • Enter the amount you want to cash out on.
  • Press enter to proceed.
  • Select the deposit speed. This is an option that allows choose how fast you want the cash-out process to be. It comes at a fee though.
  • Confirm with your PIN or your touch ID on the app to confirm the transaction.

You can always check out your cash out the status on your activity feed. This also gives you a hint of all your activities and reveals any illegal activity on your Cash App account.

How to Link Your Bank To Your Cash App

In order for you to add cash to your Cash App online account or cash out from the app directly to your bank account, you have to first link your bank account to your Cash App account. To link your bank account, follow these steps;

  • Open your Cash App on your mobile device.
  • Tap on the “Banking” tab on your Cash App home screen.
  • Select “Add a Bank” on the banking page.
  • Follow the prompts by adding your bank account details.

To modify a linked bank account, do the following;

  • Tap on the “Banking” tab on your Cash App home screen.
  • Select the bank account you would like to modify.
  • Tap on it.
  • Select “Remove Bank” or “Replace Bank”.
  • Follow the prompts instructions.

On completion of the process, you would have successfully modified the bank account.

How To Buy Bitcoin On Cash App

Buying bitcoin on Cash App is quite simple and easy. Cash App has made the purchasing of bitcoins quick for every of its user. To purchase bitcoin, follow these steps;

  • Open the Cash App on your device.
  • Tap the “Investing” tab on your Cash App home screen.
  • Tap on the “Bitcoin” icon.
  • Also, tap on the “Buy” option.
  • Select an amount or enter the amount you want.
  • Enter toy PIN.
  • Then select “Confirm”.

To purchase bitcoin through Cash App, it is required that your Cash App balance is funded. In purchasing bitcoin, you may also need to enter additional geographical information.

How To Sell Bitcoin On Cash App

Just the way you can purchase bitcoin, you can also sell bitcoin on the Cash App. The Cash App allows you to sell bitcoins and get paid too via the application. All this can be done on your mobile device. To sell bitcoin via Cash App, the steps involved are;

  • Open your Cash App account on your mobile device.
  • Tap on the “Investing” tab on your Cash App home screen.
  • Tap on “Bitcoin”.
  • Next, tap on the sell option available.
  • Select an amount or enter to a specific amount of bitcoin you want to sell.
  • Enter your PIN or your touch ID.
  • Then select and tap on the “Confirm” icon.

Cash App may charge a fee when you purchase or sell bitcoin on the platform. To make a withdrawal from your bitcoin on the Cash App, you must have a balance of at least 0.0001 bitcoin.


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