With 7 million active users, the Cash app ranks among the leading mobile payment services applications. The app is similar to Google Pay, Amazon Pay, Paytm, and more as it allows users to effectively transfer money to each other via mobile phone apps. The Cash app was launched in February 2018 by app developer company Square Inc. In a short span of time, the app has become an essential medium for transferring money and paying bills. However, newbie’s keep downloading applications and sometimes it becomes difficult to understand many things, especially the pending meaning on the cash app. If you are thinking the same way, then here is everything you need to know.
Know more about: Cash App Direct Deposit Failed
What does the cash app mean?
The cash app direct deposit pending status means that the transaction the user is trying to perform is stuck in the middle due to some issues. The issue may be that the bank is not responding to the cash app's server. However, the pending status on the cash app occurs only in two conditions; the first is when the amount is debited from the bank account, but the recipient has not received it. Another scenario is that no deduction has been made from the bank account. The pending status may decline or fail after waiting for a few minutes. But, it is highly recommended to cancel the transaction beforehand instead of waiting for an indefinite time. How to activate cash app
Other possible reasons for pending status on Cash App Payments
There may be several reasons for the pending status on Cash App Transfer Failed. However, here are some common reasons that your payments show a pending status when trying to transfer money to another user.
1. Poor Internet or Wi-Fi connectivity.
2. The server issues from the end of the bank.
3. Using expired debit or credit cards to conduct transactions.
4. Account balance shortfall.
5. Using an old cash app application.
6. The presence of any virus in the device can also cause pending transactions.
7. Temporarily closed account.
8. If the recipient is outside the USA, the transaction will not be successful.