With 7 million active users, Cash app is amongst the leading mobile payment service application. The app is similar to Google Pay, Amazon Pay, Paytm and more as it allows users to effectively transfer money to one another via a mobile phone app. The Cash app was launched in February 2018 by app developer company Square Inc. In less time, the app has become an essential medium to transfer money and pay bills. However, new people keep downloading the application and sometimes find it hard to understand several things, especially what does pending mean on Cash App. If you are wondering the same, here is everything you need to know-
Cash app pending status means that the transaction a user is trying to make has stuck in between due to some issues. The issue can be that the bank may not be responding to Cash App's servers. However, the pending status on Cash App only occurs in two scenarios; first is when the amount is debited from the bank account but the recipient has not received it. The second scenario is that there has been no deduction from the bank account at all. The pending status can turn declined or failed after waiting for a couple of minutes. But, cancelling the transaction beforehand is highly recommended rather than waiting for an indefinite time.
There could be so many reasons for the pending status to occur on Cash App payments. However, here are some of the most common reasons why your payments show pending status while you are trying to transfer money to another user.