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Cash App is becoming more and more prevalent in the financial world. As the app climbs up the app ratings and ‘most downloaded’ boards on iOS and Android stores, what does the app offer and why are we now seeing more and more online casinos that accept Cash App?
Makes Finance/Investing Accessible to Everyone
While not everyone has this experience, there are some people who through no fault of their own can’t get a bank account. Whether they’re a non-citizen or have a poor financial past, Cash App gives them a lifeline as it serves as a bank (but it’s not a bank) allowing such people to store their funds.
Investing into businesses, stocks or even Bitcoin might also seem like an arduous task, especially to those without prior knowledge of how these systems work and the uptake is still relatively low in the US with 21% of adults owning some kind of cryptocurrency last year.. Cash App does its best to make these processes pretty easy so that any app user can invest, should they choose to do so.
For the sake of balance, however, some users have noted that the exchange rates aren’t the best. However, it is still an easy way to get into trading/investing. While it’s not for everyone, it does at least bring the accessibility of investment to more people.
User-Friendly Design and Interface
In a world surrounded by confusing apps that look the same or have a myriad of information all coming at once, it’s nice to finally see an app that both stands out and is clear. The Cash App is a stark green which sets it out from other apps (think Kermit the Frog green) so you know you’re definitely using Cash App when you’ve loaded it. The features are clearly signposted and tell you exactly what you’re doing without too much small print. It’s ideal because when people are dealing with their money, they want a seamless and clear process.
Security and Privacy
Cash App has some very serious security protocols which do their best to keep you, your details, and your money safe. Like any financial app, there are going to be people trying to circumvent these means. Cash App however does a job of illuminating these issues and trying to educate users so they don’t fall prey to scams.
Another great attribute is that Cash App provides a layer of privacy to your financial spending. If you want to pay for something you’d rather not have on your bank account statement or gamble online (without anyone else knowing) doing so on your Cash App means it will leave much less of a paper trail than if you use your regular bank account.
Very Fast Payments and Transactions
One real issue when transferring money either to your friends, family or a business is that the speed of the transaction isn’t always that quick. Sometimes it can take an hour, 24 hours, or even longer for the funds to officially leave and enter the destination account. Cash App says that users can ‘Pay Anyone Instantly’ as all the work that they need to complete when trying to action a payment is done with lightning speed.
Customer Service
If something should go wrong with your funds, it’s always nice to have some customer support to help you win the issue. Cash app operates in both the US and the UK right now but only has a US telephone number meaning it could be very expensive to talk to them on the phone if you’re not in America. The online support tool is also available which might offset any availability issues. Customer reviews tend to be favorable when talking about their experiences with the Cash App customer service team.
Integration and Usability with Online Casinos
If you’re partial to online gambling and casino games you have come across the Cash App insignia on the payment screen when you’re looking to make a deposit or withdraw funds. It’s now reached a point where we’ve found a solid list of the top 10 online casinos that accept cash app because it’s becoming so popular and mainstream.
One reason why online casinos want you to use Cash App is because of the speed of transactions. The money you pay in is essential with them straight away, any business with a sound operating model wants liquidity, and this speeds up this process as funds don’t need to be regulated or ratified by banks. Therefore online casinos typically incentivize the use of Cash App with bonus funds or free content.
If you’re a big roller then you’ll be pleased to know that you can also take out your winnings easily too. You can keep them in your Cash App or transfer them to a bank account with the same rapid speed as other transactions.
