A sense of freedom comes with using . At this point in time when the whole world is struggling with the adverse effects of the Corona Virus, Square payment is acting as a one-stop solution for all kinds of payments. Whether you need to send money or receive funds with Cash App everything is just a matter of seconds. Most of the people are well aware of the cool features of this smart payment app. But, still, some people could be seen complaining about less payment sending limit of Square payment application which is not true. Actually, the real problem is the lack of knowledge as not everyone knows that users can and increase spending limit.
As not everyone is familiar about , I thought it would be good to explain the step by step process of getting verified your Cash App wallet. To help you to draw the maximum benefits of the Square payment app, I am going to answer some of the most frequently asked about the .
Why do I have to verify identity on Cash App?
According to the latest policies of the Square Cash App, getting verified users is not mandatory. Anyone who is in the US & has an American phone number and valid bank account can avail of the fast, safe, and reliable money transfer services in just a few simple taps. But, using Cash App without verifying your account may not be in your best interest as unverified users can send up to $250 in a week and receive $1000 in a month.
On the other hand, users who have successfully cleared verification, they can send up to $7500 in a week. And they can receive an unlimited amount in a month. Sound, good? If yes, scroll down to learn the simple .
How can you verify your identity in a Cash App?
The is quite simple and straightforward. Actually, the verification process involves entering some personal details along with the Social Security Number (SSN). If you have SSN, these are steps to follow:
· is the starting point.
· Tap the profile tab available on the top right corner.
· Now scroll down to find and select the "Personal" tab from the drop-down menu.
· Right here comes a screen where you will require entering your personal details such as D.O.B, billing address, and SSN.
· Don't forget to save the changes and proceed.
· Now wait for up to 24 hrs and get a confirmation for approval.
How do I know my Cash App is verified?
Whenever the Square app successfully verified any Cash App account, users get the confirmation email and notification. Also, you can see the changes in the daily Cash App spending limit. That's not all, you will be able to , sell and buy BTC as well as Stocks. All these features will open up for all verified Cash App users.
So, that's how you can . In short, using a verified account on Cash App will be in your best interest. All the steps I mentioned above are tested and certified. If you follow the said instructions, your Square payment wallet will all set and get ready to send and receive money with ease of mind.