Cash App v2.58.1 APK icon

Cash App v2.58.1 APK for Android Free Download

App By:
Square, Inc.
Version:
2.58.1 for Android
Updated On:
Sep 20, 2019

Today is Friday you get a $15 app alert. A friend returned you shared the pizza. Your balance is now $ 172.30.

With your new money, you buy coffee with your personal cash card. They also have beaten up for an ATM.

05:00. Direct deposit hits. Are you buying bitcoins or are you immediately paying money to another bank? You make the decision with the Cash app.

You are downloading the Cash App 2.58.1 latest APK file for Free direct download. The original and safe Cash App APK

Safe

Protect payment with your fingerprint or password

Quickly

Make your first payment in minutes

Free

There is no cost for sending money and we will send you a free debit card within a week

What is a Cash App?

The Cash App is a peer-to-peer payment application that allows individuals to send and receive money to friends and family. You can use an optional linked debit card to buy or access ATMs.

The Consumer Reports study for peer-to-peer payment applications found 64 on a 100 to 1 scale (64 is an ideal version). It has received good marks for data security, customer care and accessibility (across a range of devices and without bank accounts). However, evaluators felt that the application could improve payment authorization and privacy.

Business model

The cash application can be downloaded for free and its key features - P2P payment and transferring money to a bank account - can be used freely by private individuals. The cash app makes money by paying bills to both companies to pay the individual users a transaction fee to use the app and use the app's additional services.

key takeaways

Cash application is growing fast. Venmo was replaced with 35.5 million downloads in the August 31st 2018 App Store as the best financial app in August. It still ranks first.

Cash is free to use the application's native P2P service. It charges a fee for the use of additional services and charges different fees.

Users can buy and sell Bitcoins with their Cash Application Balance. The cash application has the advantage of facilitating these transfers.

How does the cash application work?

Once you've installed the app and entered your information, there are several ways you can use the Cash app.

  • First, it's a peer-to-peer payment app that lets you send, receive, and ask for money.
  • Instead of an account number, you're on the network at your e-mail address or phone number. You can also create a unique identifier, called a $ Cash tag.

When you receive the money, it will be credited to your Cash Application account. You can link a cash application to an existing bank account and transfer money from a cash application account.

  • You can also send money via debit card and spend the rest of your cash application directly from there.

With the app, users can receive direct deposits (eg paychecks) on their accounts.

Two precautions: You must be at least 18 years old to open an account. And the US According to a company spokeswoman, users only visit the U.S. Can only pay for recipients. (UK residents can use the cash app to send and receive money in the UK.)

Are there limits on how much you can send or receive via Cash App?

According to the Cash App website, users can "send up to $ 250 in a seven-day period and receive up to $ 1000 in a 30-day period."

According to a representative of the Cash App, these restrictions will be removed when you verify your account with information such as your name, date of birth, etc.

If you have a money app debit card, you can use a cash machine to withdraw up to $ 250 at the same time. $ 1,000 over a seven-day period and $ 1,250 over a 30-day period. And if the dealer allows it, you can still get the money back to the cashier.

How much does Cash App cost?

It's free to send, receive, and transfer money.

Unless the Cash application charges an ATM fee, you are responsible for all fees charged by the ATM network.

How quickly does the other party receive money sent through Cash App?

According to the website, money can be sent and received immediately through the app.

Depending on your bank application, it may take one to three days for you to deposit the money in your cash application account.

You can also select immediate deposits in your bank account, subject to a 1.5 percent fee, according to the company representative.

Depending on the representative's bank, direct deposits will take one to three days, the representative explained.

Is the cash application transaction public?

Consumer Reports' studies have shown that they are "very transparent in terms of data security and privacy, and are not as private as service providers," says Christina Tetralt, senior policy adviser for Consumer Reports.

If you send money to the wrong person or the wrong amount from a cash application, that money will go away forever.

Is the money insured on the FDIC's cash application account?

Not now, according to a company representative.

What happens if I send the wrong amount or send it to the wrong person?

Money can go on forever. The Cash App website states that "payments are instant and usually cannot be canceled." It directs users to view your activity feed "to see if the proof of cancellation appears on the receipt." "

If not, you can use the app to ask the recipient to return the money.

If you can request assistance from a company application or website, you may not contact the company by phone or email, according to a representative of the Cash application.

According to Tetrault, the Consumer Reports study found that many complaints about cash applications affect this aspect of the service.

"There are many good answers, but for those looking for personal contact, it couldn't be that easy," he says.

She says the problem is not just towards the Cash application.

Any service that includes your money: "Customers need more ways to solve problems," says Tetralt.

Does the Cash application provide its own map?

Yes once you sign up for an account, you can request a free debit card.

The cash app does not offer credit cards.

Is the money sent by the cash application protected against loss, fraud, and theft?

Tetrault says the Cash App account and debit cards are subject to the new rules for prepaid cards, which came into effect from April 1st.

This means that your loss is limited to $ 50 if you have unauthorized costs and report it within two days.

Company location allows you to temporarily disable the card if you lose it.

However, according to Tetralt, you are not protected if you actually give someone (the wrong person, the wrong amount or the right to send the promised goods to the recipient).

Can Cash App Users Get Credit Card Rewards and Loyalty Points?

The Cash app has a rewards program called Boost, which allows you to link cash application offers to your Cash App debit card. (You can only select offers furs.)

Discounts are automatically deducted from the purchase price when buying - like a coupon. There is also a $ 1 discount on the card for grocery shopping.

Peer-to-Peer Services - Use these services only with people you know and trust.

Do I need additional protection when using the Cash app?

With the Cash app, you can add a zipcode or fingerprint ID to make a payment. (The PIN is similar to your Cash app debit card if you have one by company location.)

Patrick Jackson, chief technology officer for online privacy firm Disconnect, gives them good marks for security and encryption. “They take an extra level of added security,” he says.

However, when you spend your money, you want to make sure you also use optional security features and best-practice computer practice.

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If you cannot access your private network, you are leaving the public WLN in favor of your phone's digital network, says Jackson, whose company is deeply involved in the investigation of peer-to-peer payment ings.

Tetrault recommends enabling all available security options in the app and on your device.

It says, "We recommend activating security devices to ensure a little security. So smart: set up alerts for transactions.

If you still think technically like a social media banker, Tetralt says that when you rate, select and use peer-to-peer payment services.

"People are confident with the [social media-based] system because they use it with people they know and trust," she says. If you send money, follow the same strategy.

"Use these services - peer-to-peer services - only with the people you know and trust," says Tetrault.

Cash Apps ScreenShots:

         

    

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Cash App v2.58.1 APK content rating is . This app is rated by users who are using this app. To know more about the company / developer, visit Square, Inc.'s website who developed it. Cash App v2.58.1 APK can be downloaded and installed on and higher Android devices. Download the app using your favorite browser and click Install to install the application. Please note that we provide both basic and pure APK files and faster download speeds than Cash App v2.58.1 APK apk Mirror. This app APK has been downloaded times on store. You can also download Cash App v2.58.1 APK APK and run it with the popular Android Emulators.

Updated to version 2.58.1!