Cash App Review: Is It A Safe App To Send Money?

 

If you search for a way to send and receive money online, Cash App is for you. It is a free and simple option you can use from your smartphone. You can read how exactly it works and what to expect on our Cash App review below.

What Is Cash App?

Cash App was created in 2013 by Square Inc. We can describe it as an app that enables payments between individuals. You can download the app on your smartphone from the Play Store and Apple Store. It is available for IOs and Android devices. Today it has over 5 million downloads with a 4.5 average review rating by users.

Square has multiple products in the finance category. The goal of the company is to help people handle their transactions. It has helped millions of people, so you can be sure it is a safe company, and Cash App is a safe app.

How Does It Work?

You can send, receive, and invest money with Cash App. It also has a mobile banking functionality that can be helpful for many users:

Send Money

If you want to send money, you need the email address of the person who will receive the money. You can choose where you will withdraw the money to complete the payment, like a credit card or a bank account. You can send up to $1000 in 30 days. You can increase the limits with the verification process, and there is a 3% fee for credit cards.

Receive Money

When you receive money, it adds them to your Cash App account. Then, you can send the money to a bank account or use them to purchase things online. There is a Cash App card that includes a $2 fee if you use it on an ATM.

Mobile Banking

Mobile banking is enabled when you order a Cash App card. You can set direct deposits to your Cash App account. The reward will be to get your money two days faster than sending them to a bank account. The mobile banking feature works as a standard bank account.

Invest Money

Cash App allows you to invest in stocks and trade funds with no fees and commissions. If you want to access this feature, you must live in the USA, be 18 years old or older, and fill in the requested contact details.

How To Sign Up 

You can sign up and use the app in the following five steps:

1.   Download Cash App: It is available here or on the Play Store and Apple Store

2.   Enter Your Phone Number: You will receive a confirmation code that you must fill into the app.

3.   Complete your profile: You must add an email, a photo, and a $Cashtag to create your profile.

4.   Link your credit cards and bank accounts: These are the accounts you will use for your transactions.

5.   Use Cash App: Once you complete the previous steps, you can send and receive money.

Conclusion

Cash App is a great app that allows you to handle your transactions online. It does what it promises. It's safe and allows you to send and receive money. You can sign up now to start using the app.