Get Started Direct Deposits For Your Paycheck Through Square’s Cash app
Cash app is known for its instant send money between friends or accept card payments for your business.
Today, The company announced in a tweet,”Cash app on iOS now supports direct deposits”, That makes it easy for users to receive a paycheck or other transfers directly from the app.
Customers will be provided with an account number and routing number, which is all an employer needs to start making direct deposits. When the Process of deposit is complete, customers will get the notification.
Direct Payment includes, you can send money to a friend, spent using a debit card, Can buy or sell bitcoins or withdrawn to another account.
Also, Considering the craze of bitcoin the Cash app added support for buying and selling Bitcoin. The app is slowly becoming an accomplished financial platform that offers the ability to instantly send money to users.
It reduces the load opening a traditional bank account, As this feature covers all the basic functions of a bank account and you should not worry about the long process like depositing of the check.