The Cash app provides an easy way to send money to friends and businesses as well as buy cryptocurrency directly from your phone or tablet. Here’s what it is and how it works.
The Cash app by Square is one of the hottest properties in the App Store and Google Play. It offers a quick, easy way to send, spend, and save money, also buy cryptocurrency using your mobile device. Customers can also get a free Cash App Card that works like other debit cards. Here’s more about Cash.
Meet the Cash App
Like Venmo before it, Cash App by Square is a mobile payment app ideally suited for millennials or anyone else who rather not carry bills (or coins) around like it’s 1985. Instead, payments between peers are completed using a mobile app. Unlike similar products, Cash gives you the ability to receive direct deposit payments to your bank account. You can also buy and sell Bitcoin through the app.
Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send your share of utilities to your roommates, pay friends back for coffee, split the cost of a trip or any other money-sending task you want to accomplish with other Cash App users. Cash App also functions similarly to a bank account, giving users a debit card — called a “Cash Card” — that allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks and buy and sell bitcoin.
You load money on Cash App by tapping the Banking tab in your app and inputting how much cash you’d like to add from your linked bank account.
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