Cash App - Support (2024)

Penny Stocks

Cash App Investing generally defines a penny stock as any stock that trades for less than $4 per share and/or publicly traded company with a market capitalization of less than $300M. Cash app offers access to some stocks that meet this definition and that are traded on major exchanges like the New York Stock Exchange (NYSE).

Because penny stocks may be riskier than other stocks, we wanted to explain some of the risks they may pose to investors. These include the following.

Extreme Price Fluctuations
Penny stocks can be highly susceptible to sudden changes in price. Their lower price per share and/or market cap, may also make them more vulnerable to changes in investor sentiment.

Trading Halts
Trading halts temporarily stop all buying and selling of a company’s stock. They occur when a stock moves down XX% within X amount of time. Designed as a way to protect investors against panic selling, halts can result in trades being canceled or stocks being sold at a less desirable price. Because of the higher price volatility risk of penny stocks they can be more likely to be subject to a trading halt.

Bankruptcy
Penny stock companies may be more susceptible to bankruptcy. Bankruptcy may result in holders of common stock (i.e. Cash App Investing investors) losing all of their investment in the company. Additionally, in the event that a publicly traded company files for bankruptcy, NYSE and Nasdaq may elect to de-list companies from their exchanges. Cash App Investing does not currently support stocks that are not listed on either NYSE or NASDAQ. If you hold shares in a de-listed company you may not be able to sell easily or at all.

De-listing
Penny stock companies may also be at higher risk of failing to meet the listing requirements for the NASDAQ or NYSE and could be de-listed by those exchanges. Cash App does not support trading in de-listed companies. If you hold shares in a de-listed company you may not be able to sell easily or at all.

Cash App - Support (2024)

FAQs

How long does it take for Cash App support to respond? ›

If unable to resolve your complaint instantly, we'll send you an acknowledgement once the complaint has been received. In most cases, we will resolve your complaint within 3-15 working days and we will keep you updated on the progress.

How do I clear my Cash App support? ›

If you would like to permanently delete your account and personal information from Cash App:
  1. Tap the profile icon on your Cash App home screen.
  2. Select Support.
  3. Select Something Else.
  4. Navigate to Account Settings.
  5. Select Delete Your Personal Information.
  6. Tap Contact Support.

How do I talk to Cash App support? ›

You can also call us at 1-800-969-1940, please note (1) this is the only phone number customers can call for Cash App support, and (2) a Cash App representative will never ask you for your password, PIN, social security number or full debit card number.

Why is Cash App not responding to me? ›

Clear the app cache and data

You can clear the cache by going to Settings > Storage > Other apps > Cash App and tapping Clear cache (the steps may differ based on your device and Android version). You can also try Clear storage, but that will erase any saved app info, so you will have to log in again.

Is Cash App under investigation? ›

Closer to home, Cash App is being investigated by the Consumer Financial Protection Bureau over concerns it was not adequately responding to users' complaints about fraud and app usability.

Can I have 2 Cash App accounts? ›

Yes, it is possible to have two Cash App accounts, but it is important to note that each account must be associated with a unique phone number and email address.

Why is Cash App holding my money? ›

The Cash app says pending because the system thinks there is an issue with either the account or the receiver. Various issues, including poor Internet connectivity or a server shutdown, could cause this. Often, the pending status will clear after a few hours or days, but it's always worth waiting.

Can I delete my Cash App and make a new one? ›

The easiest way is to tap and hold the app, then tap Uninstall. At this point, you've emptied your Cash App balance, closed your account, and deleted the app from your phone. If you ever decide to use Cash App again, you'll need to sign up for a new Cash App account and reinstall the app.

Can I use my Cash App card if my account is locked? ›

Once disabled, you won't be able to use your Cash App card for any transactions until it has been reactivated. This ensures that no unauthorized charges can be made while you investigate suspicious activity or wait for a replacement card.

Will Cash App refund money if scammed? ›

If a potentially fraudulent payment occurs, we cancel it to prevent you from being charged. When this happens, your funds will instantly be returned to your Cash App balance or linked bank account. If not, they should be available within 1–3 business days, depending on your bank.

Why can t Cash App verify my identity? ›

If Cash App can't verify your identity, you may need to provide additional information. To provide additional information, you first need to open the Cash app and go to the Settings tab. Once you are in the Settings tab, you need to select the Identity Verification option.

Why won t my Cash App let me log in? ›

If you're having issues signing in, here are a few things you should check. First, ensure you've entered the correct email address and password. You might also want to try logging in using another browser. Some people report success by trying to log in on their phone with the Chrome web browser.

Why is Cash App blocked? ›

Cash App Account Locked for various reasons, including suspicious activity, account verification issues, chargeback disputes, account inactivity, multiple accounts, violation of terms of service, lack of funds, unusual login attempts, incorrect login information, and outdated app version.

Does Cash App have 24 hour customer service? ›

You can reach Cash App Support by calling 1 (800) 969-1940, Monday through Friday, 9:00am to 7:00pm EST.

Does Cash App Support give refunds? ›

The short answer is yes. You can get a Cash App refund, and the process of requesting it is easy. Getting a refund through Cash App is not guaranteed because Cash App primarily serves as a peer-to-peer payment service. They facilitate transfers but do not take responsibility for transaction issues.

Can Cash App force a refund? ›

Cash App can't cancel or refund a payment after it has been completed. If you sent money to the wrong account, ask the recipient for a refund: Tap the Activity tab on your Cash App home screen. Select the payment in question and tap Completed.

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