by Cash App, developed by Square, Inc., has gained popularity as a mobile payment platform which lets you to send and receive money. You can invest in stocks and Bitcoin, and can also use a customizable Visa debit card called Cash Card. In this overview, we provide a clear guide on the countries where cash app is available and usable. We also highlighted important details and practical advice for users worldwide.
But, when it comes to its international availability and usage, the situation is quite specific and somewhat limited. Despite its limited geographical availability, they offer some international functionality too through its cash card. The card can be used for transactions and ATM withdrawals in most countries. But, there are a few restricted countries too.
Countries where cash app is available
It is officially available only in the United States and the United Kingdom. So, to create and use cash app account, you must be a resident of either the US or the UK. You also need a corresponding local bank account to link for funding and withdrawals too. The app supports transactions, direct deposits, investments, and peer-to-peer payments exclusively within these borders.
This limitation means that if you’re traveling or living outside these countries, your ability to use it is limited. You might still access your account to check balances or your transaction history. But, you cannot send or receive money internationally through cash app.
International use of Cash Card
You might wonder if you can rely on cash app for your financial needs when you travel abroad. This question also applies if you live outside the US or UK. Well, cash card is a Visa debit card. It can be used internationally in many countries for purchases and ATM withdrawals. This is only possible if the merchant accepts Visa.
But, there is a 2% international transaction fee to take note of, unless you meet certain direct deposit thresholds (e.g, if you’re receiving about $300 or more in paychecks monthly paid into your cash app). However, some countries are excluded from this service, including:
- Afghanistan
- Bangladesh
- Belarus
- Burundi
- Cambodia
- Central African Republic
- Congo, Democratic Republic of the
- Cuba
- Guinea-Bissau
- Iran, Islamic Republic of
- Iraq
- Korea, Democratic People’s Republic of
- Lebanon
- Libya
- Mali
- Myanmar
- Nicaragua
- Nigeria
- Russian Federation
- Somalia
- South Sudan
- Sudan
- Syrian Arab Republic
- Ukraine
- Venezuela, Bolivarian Republic of
- Yemen
- Zimbabwe
Though, alternatives exist for international money transfers, so you’re not left without options. Cash app’s focused approach means it delivers a reliable, user friendly experience within its current markets.
How can I use cash app outside of U.S. or U.K
If you travel or live abroad but want to use cash app, here are some tips for you. First get the card since you can use your cash app card for purchases in many countries. Avoid trying to send or receive money across borders via cash app, as these transactions will likely fail.
While not officially supported, some users try workarounds to access cash app internationally. They use a virtual private network to mask their location. This makes it appear you are in the US. It can help you log in and use the app. But, it does not bypass the need for a US or UK bank account and phone number.
Alternatively, you should consider international money transfer services like Wise, PayPal, or WorldRemit if you need cross border payments. And don’t forget to keep your linked US or UK bank account active to maintain your cash app account functionality.
Note: To use cash app, you need a compatible device (smartphone or tablet) and an internet connection. You must also comply with Know Your Customer (KYC) regulations, which require verifying your identity. This process typically involves providing a government issued ID and other personal details.
Devices, functions, and user eligibility
Cash app is available on both iOS and Android devices. Its functions include, peer-to-peer payments, e.g. send and receive money directly to and from friends and family. Cash card debit card linked to your cash app account, allows you to make purchases and withdraw cash.
For investments, you can buy and sell Bitcoin and stocks directly within the app. You can also make direct deposits. This includes receiving paychecks and other direct deposits into your cash app account. To be eligible for a cash app account, you must be at least 18 years old.
Alternatively, you must be the age of majority in your state. And, you need to have a valid U.S. or U.K. address too. You also need a valid Social Security number or Individual Taxpayer Identification Number (ITIN) for tax reporting purposes. There are also fees for ATM withdrawals, which vary depending on the ATM operator.
Using cash app for business transactions
Yes, if you are a business owner in the US or UK, cash app offers a business account option. This account lets you accept payments via QR codes or $Cashtags. This service has a flat 2.75% processing fee per transaction. There are no setup or monthly fees, but instant deposits may incur additional costs between 0.5% and 1.75% of the transaction amount.
Setting up your cash app account
If you are eligible (i.e, residing in the US or UK), setting up an account is possible and easy. Firstly, you download the app from the official App Store or Google Play. Secondly, create an account using your email or phone number. Thirdly, select a unique username called a $Cashtag. Then, you link your bank account or debit card to start sending and receiving money.
If you’re planning to travel, it’s important to understand their restrictions too. You should also be aware of the fees associated with international use of the place you’re visiting. Understanding these facts, can better help you navigate your financial transactions and avoid surprises when using cash app internationally.
