Is Square Cash free to use?
Yes, Square Cash is free to use. There are no additional costs or fees associated with sending, receiving, or requesting money through Square Cash. Users can link their bank accounts or debit cards to the app and enjoy its full functionality without any charges. Square Cash also offers a free Cash Card, which allows users to make payments and withdraw cash from ATMs. However, it is important to note that there are fees involved for certain transactions, such as instant transfers or receiving payments via a business, which incur a 1.5% fee. Additionally, if users choose to deposit money instantly into their bank account from their Cash App balance, a 1.5% fee is applicable. Nevertheless, these fees are clearly outlined and transparent, allowing users to make informed decisions about their transactions. Overall, the basic features and functionalities of Square Cash are free to use.
Answered May 3, 2024
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