Square Inc. provides the Cash App as a application to transfer the money peer to peer. It is a Venmo like app which allows you to receive and send money with your friends and family. With this there is no need for you to have cash with you all the time or even be in same room. It can be described as a perfect tool which can be used things like splitting bills, chipping in for a party snack, and so on. But a new user might ask – How to send money on Cash App? Or How to transfer the money from Cash App to bank?
These questions might seem difficult right now but after reading this article you will be an expert in making transactions on the cash app.
How to send money on Cash App?
Cash App is an app which has made the transactions of money quite easy, safe and fast. You can easily complete any transaction within seconds weather you are receiving the money or sending it. If you are new to the app and interested in knowing about the solution which can help you out with – How to send money on Cash App? Just follow the steps (for both iPhone and Android users):
- After opening the Cash App at the bottom centre of the screen you will be able to see a symbol of “$”. Click on that button.
- Now, enter the amount of money that you want to send.
- Tap the “pay” button which is at the bottom-right corner of the screen.
- Now you have to enter the e-mail, or phone number or $cashtag of the recipient.
- Besides the word “For” you can write the reason you are sending the money to that person.
- After this you once you click on the button “Pay” the money will be send to that person instantly.
As the money from your account will be deducted instantly you should make sure that the information of the receiver is correct. If any of the information is incorrect then it can create a lot hassle for you.
Receive money from Cash app
The process of receiving the money from Cash App is quite similar. Here are the steps that you have to follow to receive the money on cash app:
- On the bottom left side of the screen in the app you will see a button of “receive” click on that button.
- Now enter the amount that you want to receive from and click on receive button.
- Enter the name or e-mail, or phone number or $cashtag of the person you want to receive the money. You can write the small note hare as well.
- By clicking on the “Request” your part is done. Now all you need is to wait from the other side to respond.
How to transfer the money from Cash App to bank?
Cash App provides you one of the simple and fast ways for online money payments. But there are times when you need money in your bank account more than in your Cash App. For that you can always transfer the money from Cash App to bank. So, how to transfer the money from Cash App to bank?
- Open the Cash App from your mobile phone (Method is applicable to both Android and iPhone).
- At the top of the screen you will be able to see the available balance in the Cash App. You have to click on that.
- After that a new page will open which show you the details of your account. At the bottom right corner of the screen there will be an option “Cash out”.
- By clicking on that you will be getting the option of selecting the amount of money that you want to transfer from your Cash App account to Bank account.
- After entering the amount that you want to withdraw or cash out, click continue.
- Once you do that you will be getting two options of instant transfer or standard transfer. In the instant transfer you will be charged some amount of transfer charges whereas in standard you have to wait for some time. Decide according to your requirement and complete the cash out.
If you have registered your thumb print for the safety cash app will ask you for that for the safety and then only transfer the money.
Now by following the above steps you can easily send or receive money. Even help out those who ask for the same question – How to send money on cash App? Just make sure that you are entering all the right information as one wrong information can cost you a lot of problem.