Cash App
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4.7
- Free Price
- Finance Category
- Square, Inc. Developer
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NameCash App
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PriceFree
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CategoryFinance
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Rating4.7
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DeveloperSquare, Inc.
As a cash transfer mobile tool launched by Square in 2013, Square Cash allows users to directly send money to each other from a linked debit card, credit card, or any available funds in your Cash app. SquareCash is available for personal and business use and creating two accounts for different payment use is highly recommended. For business account users, Square Cash lets you request payments at the price of 2.75% per transaction.
Cash App is the fastest growing financial brand in the world. Built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic money app with over 25 million active monthly users.
Features：
Fees and Limits：Square Cash transactions are free for debit cards, but it charges 3% fee per transaction for credit cards or bank accounts users. Free transactions are limited to $2,500 a week after verifying your identity with name, date of birth, and the last four digits of your SSN. If you are running a small business, you can install Square Cash Pro which has no money amount limit but will charge 1.5 percent for debit card or bank account transactions.
$Cashtags：Every Square Cash user will receive a personal $Cashtag through which people can send money directly without asking for phone numbers or email addresses.
Pros
User-friendly design
You can store some money in the Cash Drawer
Several methods for sending and requesting money
You can store some money in the Cash Drawer
Perform simple payment tasks on Smart Apple Watch
Cons
Charge fees per transaction for credit cards users
Lower spending limits than competitors
$Cashtags are not so attractive
