In this modern era, you can now utilize different apps to skip the worst part of money transferring—queueing. Formerly known as Square Cash App, this free peer-to-peer payment app is at the forefront of digital financing. It allows you to transfer your money hassle-free without the need of shelling out some (unnecessary) pennies.
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Digitized transacting is here
People who don’t like waiting can stay chill. Transactions are done in a matter of minutes. The best part? Cash App lets you do it all for free.
Better financing
To start cash-involved transactions like depositing cash to your account, you’ll need to add first your preferred debit card and/or credit card choosing from any of the following banks: Visa, MasterCard, American Express, and Discover. The app makes it more manageable to make transfers, but you can make it even easier by using Siri. Operate the virtual assistant to prompt commands.
The app doesn’t only let you deposit and send cash virtually, in fact, it also ensures you can start receiving too. People who owe you can send the money to you right on the app. You can always monitor and analyze the activities within your account. You can also download your transaction history anytime. Just remember to keep your history receipt as a reference for you to come up with a better financial plan.
Aside from cold hard cash, the app supports cryptocurrency as well. Buying and selling of Bitcoin can be done within the app. Additionally, the app will grant you a maximum of $10,000 bitcoin for deposit transactions within a 7-day period.
Protecting you
Cash App is Level 1 compliant in the PCI Data Security Standard (PCI-DSS). This standard protects you and your personal information from different (unseen) attacks. The PCI-DSS compliance checklist requires them to go through 12 different assessments that will verify whether or not the app is a trusted one.
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Plus much more
The Cash Boost grants users discounts in a long list of stores including (but not limited to) Shake Shack, Chipotle, and various favorite cafes.
Where can you run this program?
Cash App is supported by any Android and iOS devices. Download it on your phone to send money anytime, anywhere.
Is there a better alternative?
There are a lot of other (better) apps you can consider to download. Just like Venmo which gives a social spin to the mobile money-transferring process. It allows you to see what your friends and family have been spending their money on. Moreover, splitting the bill is way easier when done on this app by PayPal, too.
Our take
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The peer-to-peer payments app builds a solid case in security. However, seeing that they have a user base built by over 15 million people, they might want to consider fixing the issues their clients face.
Should you download it?
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Although you can utilize Cash App for your convenience, there are still more reliable (and more trustworthy) alternatives in the market that will let you experience more features to improve your life with.
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