Cash App

[EllenErwin]

Hello!  What is the advantage of using Cash App if Square charges the usual (2.9% + 10 cent ) processing fees?  I would think most of my clients would want to pay with credit card so that they can get cash back through their credit card.  

[Lovewell]

@EllenErwin If I am being honest on what my guess is...

I think people may get paid through cashapp and use their cashapp card to pay for things. One of our customers is a horse trainer and gets paid via Venmo for lessons so she always uses her Venmo card cause the money is just there.

Lots of people thing credit cards are "bad" because they don't now how to properly use them. So many people won't use credit cards because they feel like it's money they don't have. But that's a whole other discussion on finances. I think parents give their kids allowances on cashapp so they have a cap as to what they can spend. But that is my guess. Each person has their own reason! We personally only have 1 customer who uses it every so often.

[EllenErwin]

Thank you for the thoughtful response!