Cash App: Mobile Banking

Summary
Cash App is a mobile financial services platform that allows users to send, receive, save, and invest money. It offers features like peer-to-peer payments, a customizable debit card, early direct deposit, and commission-free trading in stocks and bitcoin, along with various savings and security features.
Rationale
Cash App enables users to send and receive money, which aligns with the 'payment-processing' feature. While it doesn't offer a full suite of developer APIs like Stripe, its core functionality revolves around processing payments between individuals.
Search Query

mobile payments

Pricing
Freemium
Standard Free Features
$0.00/ one time
  • Instant P2P Transfers (from Cash balance or linked debit card)
  • Prepaid Debit Card (Cash App Card)
  • Early Direct Deposit
  • Commission-Free Stock Trading
  • Bitcoin Trading (with transparent fees)
  • Fraud Monitoring & Security
  • Round-Up Savings
  • Pay Over Time (Afterpay)
  • Instant Discounts & Offers
  • Customizable Card Designs (black or white)
  • Basic Savings (1.5% APY)
  • 3% fee for sending money from a linked credit card
  • 0.5%-1.75% fee for instant deposits/cash outs
  • ATM withdrawal fees apply unless direct depositing $300+ monthly
  • Lower APY on savings (1.5%)
  • Overdraft coverage up to $50 (requires qualification)
PopularMost Expensive
Direct Deposit Benefits
$0.00/ monthly
  • All Standard Free Features
  • Waived ATM withdrawal fees (at least one out-of-network fee reimbursement per month)
  • Higher-Yield Savings (up to 4.5% APY)
  • Get paid in bitcoin by setting up direct deposits for bitcoin investments
  • Requires monthly direct deposit of $300 or more
Features
Must Have

Payment Processing

Other

None