What is Cash App?
Cash App is an easy-to-use peer-to-peer money transfer service formerly called Square Cash from Square Inc that allows you to send or receive money. The services offered by the app is like the one of Venmo. You can use the app to pay your bills, request for a reimbursement from a friend because you paid for his / her coffee, pay your rent, or buy or sell bitcoin or stocks.
The option of buying and selling bitcoins or stocks has recently been launched by Cash app. It gives you the possibility to invest your balance by buying stocks from companies like Nike, Apple, and others. Bitcoin is the only cryptocurrency you can trade on the app.
The good thing about it is that it comes with a Visa card called Cash card that gives you not only the benefits of a debit card but rewards you for all purchases through a program called Cash App Boost.
To make the most out of this service, you have to register yourself with Cash App either with your email or your phone number. Once you are registered, you will get a username and password that you can use to access your account from any Internet-enabled device. The money you transfer to anyone through the service will be sent directly into their account without the need for any other financial intermediary. You can access your account by logging in to your Cash App, which gives you a wide array of information including a FAQ and Terms & Conditions.