Cash App is, quite simply, an app for sending and receiving money. Users can create a free account that will then let them instantly send or receive money from other users within the same country.
Once you download the Cash App app, you choose a unique username, which the company calls a $cashtag. Users can also be found using the phone number or email address tied to their account.
You can add funds to your Cash App account using a debit card linked to an existing bank account. You can also transfer funds from your Cash App account to your bank account, a process that usually takes two to three days. Cash App has two primary functions: paying people and getting paid. To accomplish both, you start by tapping the dollar sign icon “$” at the bottom of the app.
Con artists recognize that P2P payment apps make it quick and easy to send—and steal—money, and it’s not uncommon for scammers to employ Cash App.
Getting scammed with Cash App can be problematic. Payments from Cash App to another Cash App user are virtually instant, and the app’s support pages emphasize that you cannot cancel those transfers. Because of that, it’s critical to send funds only to people you know and trust.
If you need help with your Cash App account, verify that you’re working with legitimate Cash App representatives. Contact support directly through the app, and be skeptical of any emails, calls, or text messages that claim to be from a Cash App representative.