Cash App Identity Verification Pending. Finra is the us regulatory agency that monitors financial crimes like money laundering. Receivers must also verify their identity.
You can use the money on your apple cash account to make purchases in stores, in apps, and on the web, and you can transfer money to your bank. Find apple cash in wallet. This means you are paying a 1.2% premium to buy bitcoin on cash app.
Square's cash app now asking for identity verification.
The app cited connectivity problems on its support site and twitter. You must verify your identity to increase your transaction limits. I was ripped off for $221.70 by a guy who was supposed to send me merchandise but did not. Warning to cash app customers: