Are you a crypto user or a user who does a lot of transactions? Well if you are, then this article is going to benefit you for real. Cash App, owned by a US giant company – Block Inclusive. You are going to get all your questions answered here, this instance. I have covered all related questions in this article.
Cash app Overview
Trust Pilot Rating
Google Play Store Rating
Apple App Store Rating
Earning Application Rating
What is cash app?
.webp)
Cash App is a P2P (peer-to-peer) payment service started and introduced in 2015, till now it has gain a full potential and has made millions. It has a wide number of users all over the world…. A vast one from US itself. In year 2020, it made 212% gain in its profit, which is almost more than double.
Cash App provides a well user-friendly money transfer service. You can send and receive your funds quickly and directly to your account. It is also a wallet to hold your Crypto Currencies. Cash app works almost similar to some other wallets such as Paypal, Zelle etc. But unlike these apps… Cash app provides you a stable digital Bank Account with a debit card that can be used at any atm. You can even buy stocks and Crypto Like Bitcoin using Cash App.
Cash App Safety Overview
Personal data collected: Name, Email address, Mobile number, Street address, zip code, Date of birth, Social security number, and a Government issued form of identification and other similar information
SSL certificate: Yes
Data sharing with third-party: Yes
Privacy policy: Read Here
Terms And Conditions: Read here
Data encryption: Yes
Permission Requested by Cash app: Location, Messages, Contacts, gallery
Non-personal data collected by Cash App: Android model, version, and browser, resolution, IMEI, Language, network, unique mobile identifier, Mobile carriers, Cookies and other such information.
Cash App requirements for joining
Age requirement: Must be 18 years or older to register.
Country requirements: Must be a resident of the United States
How does Cash App work?
Since I told you, Cash app is somewhat similar to other payment wallets, You can use Cash app as a medium to transfer funds directly and with ease to any other bank account. It is a P2P service, so its way to fast unlike other. Cash app has two features … getting paid or paying. You can request amount while you can pay to anyone’s request.
Is Cash App really safe?
Cash App uses PCI-DSS, the same protocol used by major credit card platforms. All the transactions are encrypted at both the ends. Transactions are safe when they are instantly credited.
In case of Cash App, if the receivers details are correct then no issue, you are doing a perfect and secure transaction. But cash app has a big downside too… your Cash app balance is not a FDIC- insured and since it is P2P platform, there is no guarantee that you are going to get your money back in case something goes wrong.
Is cash app legit?
Yes, Cash App is a legitimate app developed by Square, Inc. Despite the fact that the app is legitimate, you should proceed with caution. Only transfer and take money from people you know and trust.
How to create Cash App account?
You just need to fill some basic details like Name, phone number, back details, Zip code and email. Signing Up is easy and feeless. Once you open your account successfully you can apply for Cash Card (A visa based debit card) which can be used at visa accepted places and ATMs.
Cash limits
You can send and receive minimum of 1$. You can send upto $250 within a period of 7-Days, while you can receive up to 1000$ within a period of 30-Days. Your limits are increased when you fully verify your account.
Cash App Pros and cons
Pros
- Free money transfer service.
- Availability of a Secure and universal Visa Debit Card.
- Has features like buying Bitcoin.
Cons
- Not FDIC insured wallet
- Transactions once authorized can’t be cancelled.
- Not much of investing opportunities.
Ways to Get Free Money on Cash App
There’s several ways to earn money on cash app.
- Earn 5$ on sign up
- Cash card (visa card) boost.
- Refer and earn.
- Bitcoin crypto boost.
- Social Media contests
Is cash app Worth It?
Well, yes definitely in some case- when you are looking for a multiple feature wallet- if you want a P2P platform for your transactions.
Also read: Gamezy Reviews | Is Gamezy legit? Can You Earn Real Money From It?
Reviews of Some Cash app Users
Positive Reviews of Some Cash app Users
Cash App's customer service team responds quickly to any difficulties and resolves them. I will always suggest the app.
Salini Kumar 5/5
This is a great app: simple to use with a great user interface. I recommend this app to everyone.
Albino Steve 5/5
The Cash App is the best app so far. I've never had a problem with the Cash App. The Cash App is fantastic!
Negative Reviews of Some Cash app Users
I'd give it zero stars if I could. If you have been scammed, this company will not assist you
My friend told me that I would get a joining bonus of 10. If I join this app with his referral link, but They refused the bonus after I enrolled and handed up all of my financial information. Support gave me a copy-paste response with no explanation
Worst customer service experience ever They are actually WORSE than bots.
Conclusion
Overall, there is a major Drawback (missing of FDIC insured) but it’s not like you are the one who is going to be robbed off. It’s just a luck … Cash app already has a vast number of users worldwide and these users are using Cash app already knowing about the drawbacks. So, it’s just being cautious and everything would be fine. You have also the way to add some cents to your wallet free of cost.
.webp)
