Cash App Review
Cash App is a popular American digital payment service by Square, Inc. This simple, secure application lets you make instant payments, get numerous discounts and cashback by app’s partners, manage your investments, and supervise your financial activities in a single application. You can download Cash App for your iOS and Android devices and supports all the latest OS versions.
Set of Functions
The most popular feature of Cash App is instant payments. It lets you send money to individuals and companies in a few taps and receive cash from your friends, family, and small debtors as well. It’s a simple way to split rent or dinner expenses without the need to look for the nearest ATM. You can also easily transit money from your bank account and back to the app in no time. If you don’t want to connect the app to your main credit card, you can order a free virtual debit card and use it for your online purchases.
The system is integrated into numerous marketplaces in the US, which lets you make payments and receive bonuses, discounts, and cash back for your purchases. The cool thing is that all discounts work instantly.
Finally, the app lets you enter the world of trading on the NY Stock Exchange and the cryptocurrency market. You can start investing in both markets from as low as $1 and withdraw money anytime you want to stop.
Cash App has a user-friendly white interface that lets you make transactions without stress. No matter what operation you want to do, you will be assisted with detailed (but clear) instructions. All your actions are visible in the home screen feed so that you never forget where you send money and what remains unpaid. The app is simple enough to offer it to elderly people too.
Cash App is a totally free service that lets you make money transactions without commissions. If you’re a business owner, the app will withhold 2.75% per incoming transaction. However, the app doesn’t charge you for sending, receiving, requesting, and depositing money from your bank accounts and credit cards. If you want to send payments to another Cash App account directly from your credit card, you will be charged 3% and 1.5% for instant deposits to bank accounts. If you want to avoid the 1.5% commission, you can request a standard transaction from your Cash App account to your credit card. It will take around 3 days, though.
- • Zero or low commissions;
- • It’s very simple to use;
- • Can be integrated into your business;
- • Free custom VISA debit cards available;
- • Commission-free operations with stocks.
- • Commissions for cross-service payments (it’s normal);
- • Free transfers take up to 3 working days.