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Cash App is an application used to transfer funds online. It was formerly known as Square Cash as it was introduced by the company called Square. It made its debut in 2015 into the market and on February 28th, 2018, it was recorded with a whopping 7 million users who were active and using the platform on a regular basis.
The platform is a good option for individual persons, organizations and even large scale business firms to transfer cash through a secure and quick online platform. Cash App started to deal in Bitcoin in the first month of 2018 and people warmly welcomed this updated feature. The application allows users to transfer funds from their Cash App accounts to other account holders of the same platform. It also lets the users to transfer funds to any other bank account as well. With the latest integrations, the application will be able to transfer funds to other platforms as well.
Not only this, but the application allows users to receive funds from bank accounts and other Cash App users. It provides the users with a unique name known as $cashtag which can be used as an easy alternative to account numbers and other sensitive details. The $cashtag not only works as an alternative, but it also allows the users to make transactions with ease and their $cashtag works as an account number. $cashtag is an attractive feature for many users as they do not want to remember digits as their bank account numbers because research shows that people tend to remember words and terms better than digits.
For users who do not want to rely on Android or Iphones or any mobile, Cash App can also be operated through email. The application provides the user with a username and password. This feature is more suitable for users who deal with their businesses and communications through emails mostly.
Cash App is one of few such applications which allow users to make transactions from their accounts on the go. This feature was one that was desperately needed by busy businesses and individuals who are always traveling or moving. It allows them to make the best use of technology and securely process their financial business with ease.