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, and also buy cryptocurrency using your mobile device. Customers can also get a free Cash 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 millennial or anyone else who rather not carry bills (or coins) around like its 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.
To get started download the Cash app on your iOS or Android device. Then you’ll need to enter your mobile number or email to create a unique username that the company dubs “$Cashtag”.
Choosing a $Cashtag automatically creates a shareable URL (https://cash.app/$yourcashtag) where friends, family, and customers can make payments to you privately and securely.
From there, you’ll be asked to link your bank account or debit card information. Honestly, the setup is that simple.
To send cash:
· Tap on the $ sign at the bottom of the app.
· Type in the amount to send
· Choose Pay.
· Next to To, add the user’s $Cashtag, SMS, or email.
· Next to For, put the reason for the money.
· Finally, tap Pay.
By default, the money to send will come out of your Cash app balance. Otherwise, it will select your non-Cash debit card.
If your recipient doesn’t use Cash, that’s fine. They’ll receive a text or email when receiving a payment. From there, they’ll need to enter a bank account or debit card information to receive the Cash.
Asking someone for money works very similarly to sending Cash. To request payment: