What is Cash App?
Cash App is one of the widely used money transferring apps in the US. It has a peer to peer or end-to-end encryption to protect all your data. Moreover, they use PCI DSS level 1 certification to encrypt the data. The app is developed by square Inc. You can use the app to transfer money to your friends and family. Moreover, you can also use this app for any payment at your favorite coffee shop, at a shopping mall, or to pay your bills. We can get this app on iOS as well as Android. Cash app is top-ranked at Play Store in the finance section.
Other than sending money or paying your bills cash app provides a banking service too. You can receive money from your company or from your clients. not only that but also your paychecks. Also, your tax returns and other deposits you can get directly into your Cash app account. You can also add your bank account number to the platform for less hassle. Just like a bank, a cash app also has a debit card that allows you to pay at any card accepting store. Moreover, You can also withdraw money using that debit card from any ATM.
The best thing about it, You can transfer a Limited amount of money to your cash app debit card to Limit your expenses. In addition to that, it is a very e good option for your children too. As you can give them a limited amount of money through their CashApp debit card and they do not have to handle paper cash. There is another feature in cash up that is the ‘boost’ feature. This helps you to get instant discounts at several stores.
Cash app also is an investing platform. No matter you are a pro or just starting with your investments, the cash app makes it very easy and fast to invest in stocks. The price of stocks starts from $1. Moreover, you can also buy Bitcoins from your cash app account balance.
How to get started with the cash app?
It is quite easy to use the cash app to handle or transfer your money. After downloading the app from the Play Store or Apple Store you just have to set up your profile. After all, You just need to be a valid human being with valid identification. So don’t put any fake names on your cash app account as that might be an issue in a longer Run. You need to Link your debit card or bank account number to your cash app account. We would like to recommend linking your bank account just to withdraw money directly and then you don’t have to get their debit card also.
Firstly, you need to log in with your phone number or Email Id. Once you add your phone number the app is going to send you an OTP that you have to put back on the app. This step confirms that this is your phone number and it’s legit. Now, if you have any referral code you can put it in this step. You can just get a referral code from your friends or family that will benefit you as well as the person you are getting it from.
There are many YouTube channels and websites that offer referral codes. You can get a bonus of $1 to $15 depending on the referral code. If you are lucky enough you can get even more.
In the next step, it will ask you for your bank debit card details, you can either put it in or skip the step to go to the next step. But, I recommend linking your debit card. Because this is a money transferring app and if you don’t put money in it what’s the point? Moving on to the next steps.
Next, they will ask you for your full name and zip code. Make sure you fill it correctly. Next up they will ask you for your $cashtag. It is a user name or nickname that will be unique and that will help you to be found by anyone, as there might be people with the same name, but not the same user name. At last, your cash app account is ready to work.
After that, it will bring you to the homepage of the cash app. The Green color money transferring Or money requesting dashboard. A very simple and minimalistic page that is user-friendly. There are several options and features in a cash app. You can add your picture. Also, you can add cash or buy Bitcoin, add your bank account or request for cash app debit card, and many more. The next bit will talk about how to add your bank account or add cash to your Cash app account.
How to add a bank account to the cash app?
To link your bank account to your cash app you just need to follow some simple steps.
Go to the Banking tab that you’ll find on the home screen of the cash app.