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Home How does the Cash App work when sending money?
13 Jun 2024 By PAYCEC
Nowadays, the Cash App is one of the popular mobile payment services for sending money via a mobile phone application. So let's take a look at how it works:
- Firstly, you need to create an account by downloading and installing the Cash App via your mobile device.
- Secondly, you start transferring money by opening the app to make the payment
- Thirdly, you can now enter recipient details by providing the recipient's email, phone number, QR code, or £Cashtag.
- Next, there are optional memos for you by adding a comment for your records or to inform the recipient.
- Finally, you must confirm payment by tapping the "Pay" section to complete the transaction after finishing the recipient's information.
The payment is instantly available in the recipient's balance. Cash App may use 3DS2 authentication for added security. It's convenient, free, and fast, with most payments reaching your bank account within minutes. Besides money transfers, Cash App allows you to trade stocks and bitcoin and can be used for in-store and online payments.
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