I don’t know what Cashapp is but I’m going to take the risk and say it’s a fintech that handles direct money services. How off am I?
But I’m talking about a bank. The institution only exists through an app. Let’s say you do a odd job and you get paid cash. You can’t deposit that money: there is no place or way to do so.
Cashapp is also sort of an entirely online pseudo bank. There are places that let you deposit and withdraw cash, but they’re like two steps above Bitcoin ATMs
I do know people who have these fully online banks though. On its own, it’s a lot less convenient then just having an account with a local credit union where you can withdraw cash for free, and I really don’t like that services like Venmo and Cashapp and Zelle are overtaking just handing physical dollar bills to each other
I mean I use Cashapp, but I could also not use it and my life wouldn’t be much harder
I don’t know what Cashapp is but I’m going to take the risk and say it’s a fintech that handles direct money services. How off am I?
But I’m talking about a bank. The institution only exists through an app. Let’s say you do a odd job and you get paid cash. You can’t deposit that money: there is no place or way to do so.
A perfect description
Cashapp is also sort of an entirely online pseudo bank. There are places that let you deposit and withdraw cash, but they’re like two steps above Bitcoin ATMs
I do know people who have these fully online banks though. On its own, it’s a lot less convenient then just having an account with a local credit union where you can withdraw cash for free, and I really don’t like that services like Venmo and Cashapp and Zelle are overtaking just handing physical dollar bills to each other