Cash app it’s a service offered to make mobile payments which allows users to transfer cash to other users using their mobile phone app. Cash app was launched under the name “square cash”. Cash app allows users to bank through their mobile phones’
Users can access this app through downloading the app on their mobile phones. For an easy transaction the sender will require the receivers email address and their phone number that will help in payments. Making transactions by either sending or receiving money is free. Most transactions are done directly into their bank account. Also when transactions are made the cash app will update balances and a confirmation for a successful transaction. Cash app deposits are secured and insured by the federal deposit insurance corporation through a partner bank.
Cash app allows individuals to receive, send and invest cash. Clients should understand the cash app is not a bank but a financial site which provides services that are found in the bank but through different banking stakeholders.
Cash app which operates in the mobile phones where users of the app must be downloaded either on the google play store or apple store. Also clients can open an online account to sign up. When the app is installed one can access the service offered.
The cash app clients will have to add a bank account to complete payment. Clients will create their own user name known as $cash tag. Also users can search for other users using their user name or by using email address and phone numbers.
Cash deposits in the app remain in the app, also you can transfer the funds into your linked bank account. Transferring funds charges 0.5% -1.75% and a minimum of 0.25% for immediate transfer. Users can use the option for a free plan which takes 1-3 working days for a successful transfer. Cash app is the best and successful payment platform which is the best peer to peer in the world. Cash app is only supported in two countries: The United States and The United Kingdom. Cash app users who are in other countries must use other sites to send or receive funds across other countries.
Cash app is the best application preferred by users. In Kenya Kenyans can use a cash app without an account, which has been easy for online contractors and freelancers. Cash app users who want to transfer money from the USA or the UK in Kenya it’s impossible but now accessing a cash app one has alternatives which they can use as their plan. Alternatives like PayPal account can be used to make transfers Sending and receiving money from USA and the UK Kenyan business people and entrepreneur who have PayPal account they can easily make payments
Cash app users in Kenya who wish to make transfers will need to have an email address and a phone number. Users who have created their account users can share their ID and the persons sending you the money.
Users will enter their cash app ID to their app account and make transfers to their accounts. Users will have to link their cash app accounts to their bank account. When their bank accounts are linked they can request withdrawal by choosing “cash out’ in the app. The funds will be transferred to your preferred linked bank account
Cash app users should choose specialist providers who register new users. The providers are usually free and once completion of registration one will have to follow the verification process. One will have to comply with terms and conditions for a safe transfer. Users prefer transfer service providers, they often move money faster than banks.
The cost of transacting money from cash app authorized countries to Kenya depends on which payment one is making. The money transfer service providers are cheaper than banks, also they have favorable exchange rates.
The preferred specialist providers give their users the safest way to send money to Kenya. The service providers are regulated and registered both in the USA and UK. These regulations are both countries where they govern the operations of the providers depending on the country one is.
Users can bank transfer from United States to Kenya through four easy procedures required to make bank transfer;
- Create an account
- Verify
- Add funds
- Fill in your name, bank account and check the amount of money you are transferring.
RadaSacco 
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