How to send and receive money on Cash App, also View cash app Account Statements

Last Updated on December 21, 2024 by admin

In this article, you will learn how to send and receive payments on Cash App. You will also discover how to load money onto your account. Cash App supports international payments between the US and the UK, and there are no fees for sending or requesting payments outside your region

The peer-to-peer money transfer service developed by Block Inc does not charge monthly fees, nor does it impose fees for sending or receiving money, inactivity fees, or foreign transaction fees. However, Cash App does charge a 3% fee for transactions made using a linked credit card.

You can transfer cash quickly, conveniently, and securely from person to person or between entities. Additionally, you can make electronic transactions and payments with just a few taps on your mobile device

There are spending limits associated with the Cash Card. You can spend a maximum of $7,000 per transaction and per day, with a weekly limit of $10,000. The monthly spending cap is set at $25,000

Withdrawal limits also apply to the Cash Card. The maximum amount you can withdraw at an ATM or through a store register cash-back transaction is $1,000 per transaction, $1,000 per day, and $1,000 per week.

Also read: Cashapp: How to send money, Add Bank Account and Check account Balance

How to Send Money on CashApp

To send money using Cash App, simply follow these steps:

1.  Launch the Cash App on your mobile device.
2.  On the home screen, enter the amount you want to send.
3. Tap the “Pay” button.
4. Enter the recipient’s $Cashtag, phone number, or email address.
5. Add a note or description for the payment if you’d like.
6. Tap “Pay” to confirm the payment.

The recipient will receive the funds instantly if they have a Cash App account.

Read: Cash App: How to fund it, Sign Up, Order for card & Activate Card and use Cash app Card

How to Receive a Payment on CashApp

Receiving a payment on Cash App is quite simple. Here’s how you can do it:

1. Share your $Cashtag, phone number, or email address with the person sending you money.
2.  Launch the Cash App on your mobile device.
3. Once money is sent to you, you’ll receive a notification.
4. Your Cash App balance will be updated with the received amount.

Using Direct Deposit:

1. Open Cash App and go to the “Banking” tab.
2. Find your account and routing numbers.
3. Give these details to your employer or payer for direct deposit.

Using Payment Request:

1 Launch the Cash App on your mobile device.

2.Tap “Request” and enter the amount.

3. Enter the $Cashtag, phone number, or email address of the person from whom you’re requesting money.

4. Tap “Request” to send your payment request.

Read: How to add bank account & card to cash app, order card and Activate Cash Card

How to View cash app Account Statements

To view your Cash App account statements, follow these steps:

In-App:

1.  Launch the Cash App on your mobile device.
2. Tap the profile icon in the top-left corner.
3.  Select “Documents” from the menu.
4. Tap “Account Statements” to view your monthly statements.

Online:

1.  Go to cash.app/account and log in with your email or phone number.
2. On the left side, click “Documents” then “Account Statements”.
3. Click the dropdown arrow next to the year and select the month you want to view.

Your statement will include your starting and ending balance, transaction history, fees, direct deposit details, and your account and routing numbers