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How To Make An App Like Cash App in 2022?

By Snigdha | August 11, 2022 3:15 pm  | 6-min read

Digitization has penetrated almost every industry, particularly financial services. Not only have the bigger financial institutions, including the most traditional banks, added an app and digital services to their product portfolio, but even smaller entities have adapted quite quickly to the digital mode of transactions.

A glorious example of this is the emergence of peer-to-peer payment apps. These services include cashless transactions that are also card-free and use contactless payment technology to send money in just one click.

There are many peer-to-peer payment apps, but for this blog, we will be talking about Cash App, its features, and how to make an app like Cash App. Yes, we know it can be intimidating to think of creating an app from scratch. But, with Appy Pie’s no-code app builder, it is possible to create apps similar to Cash App in minutes!

What is Cash App, and how does it work?

Cash App is a peer-to-peer money transfer service that lets users send and receive money easily through their app. This app is great for sharing bills and utilities, dividing a restaurant check, splitting the cab fare, and more.

Cash App had 44 million monthly active users in the fourth quarter of 2021. This cash transferring app’s popularity is because it does more than just transfer money. Ahead in the blog, we will talk more about the features of a Cash App that you must include if you plan to come up with alternatives to Cash App.

Top features you must add to a payment app like Cash App

Cash App is more than just a payment app; because it is so unique, it has found unparalleled popularity across the board. Let’s take a look at the features that make Cash App unique.

  1. Send Money

    Granted, we are not starting off with the most innovative features, but this is the basic feature of any payment app like Cash App must have! Adding this feature to your payment app lets your app users send money to anyone with a single click.

  2. Spend Money

    This payment app feature lets your app users pay for their purchases instantly to any merchant who accepts Cash App. The process is simple and completely hassle-free.

  3. Direct Bank Deposit

    After receiving the amount on the Cash App, senders who want to transfer it to their bank find this feature especially useful. The direct bank deposit feature lets your app users transfer money to their bank account directly with a single click!

  4. Bitcoin Wallet

    Now, we start with the more unique features. This is one of the features that drew Bitcoin enthusiasts to Cash App, to begin with. The app lets you buy, sell, withdraw, and deposit bitcoins from within the app.

  5. Convert Bitcoin To Cash

    The Cash App gives you access to a platform or marketplace where the app users can sell their Bitcoins without leaving the app. When you add this functionality to your payment app, your app users can simply convert their bitcoins to cash whenever they want. After selling the Bitcoin, the app users should be able to deposit the money from the sale directly into the bank accounts linked to the app.

  6. Stock Trading

    Stock trading is yet another financial favorite among those who dabble and the professionals. Cash App encashes upon this feature as well. You can include the option for stock trading so that your app users have the freedom to invest in any stock they want. One significant advantage of using apps similar to Cash App is that there are no stock trading fees involved.

  7. Tailored Visa Cashcard

    Cash App offers its own debit card for users to use virtually or at the ATM. You receive the virtual card immediately, and the debit card follows about a week later. This debit card can be used to withdraw funds or make purchases, and you can tap, dip, or swipe it for your next transaction.

  8. Real-Time Analytics and Reporting

    Including the analytics feature in your payment app, like Cash App, makes it easy for you to get insights into the functioning of your app. This gives you valuable information about your customers and how they behave while using your app. This feature lets you understand your app’s pain points and problem areas so that you can improve its functioning.

How to make an app like Cash App?

You know what a peer-to-peer payment app is, you know how it works, and you know what features to add when you want to make an app similar to Cash App. Having all these answers makes you better equipped to answer the big question – how to make an app like Cash App.

Yes, creating apps like Cash App can seem to be a complex and expensive affair. But, all these hassles can be eliminated by simply going to Appy Pie’s no-code app builder!

  1. Enter your app name

    Choose an app category, design theme, app layout, and app colors as per your brand.

  2. Drag and drop the right features

    You only need to drag and drop the right features into your app, and you don’t even have to learn to code.

  3. Test and go live!

    Edit your app to your satisfaction and test it on real devices. That’s it! Your app is ready to go live on app stores of your choice!


Content Head at Appy Pie

App Builder

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