{"id":2299,"date":"2020-04-13T16:10:00","date_gmt":"2020-04-13T16:10:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2508779"},"modified":"2020-04-13T16:10:00","modified_gmt":"2020-04-13T16:10:00","slug":"squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/","title":{"rendered":"Square\u2019s Cash App details how to use its direct deposit feature to access stimulus funds"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><img loading=\"lazy\" decoding=\"async\" id=\"image1\" src=\"https:\/\/cdn.vox-cdn.com\/thumbor\/7BaFbd0FpMD5nQNZP8XiV6opElA=\/350x0:1252x601\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66638381\/Cash_App___Dollar___Full.0.jpg\" width=\"431\" height=\"287\" data-pre-sourced=\"yes\" data-sourced=\"yes\" data-original=\"https:\/\/cdn.vox-cdn.com\/thumbor\/7BaFbd0FpMD5nQNZP8XiV6opElA=\/350x0:1252x601\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66638381\/Cash_App___Dollar___Full.0.jpg\" data-src=\"https:\/\/cdn.vox-cdn.com\/thumbor\/7BaFbd0FpMD5nQNZP8XiV6opElA=\/350x0:1252x601\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66638381\/Cash_App___Dollar___Full.0.jpg\" \/><\/span><small>Image: Square<\/small><\/p>\n<p>Payments platform Square is now suggesting users&nbsp;deposit their COVID-19 stimulus payments&nbsp;through its Cash App for faster and easier access to the funds, in the event someone doesn&rsquo;t have access to a traditional bank account. The app has started showing users a pop-up explaining how to go about getting the payment deposited without having to wait for a paper check in the mail, and a Square spokesperson told&nbsp;<em>The Verge<\/em>&nbsp;that the company is attempting to make its deposits feature &ldquo;more accessible&rdquo; by highlighting it.<\/p>\n<p>Much like a bank account, you can get a routing and account number directly through Cash App to receive deposits. Square&nbsp;released this feature&nbsp;back in early 2018, allowing you to set up direct deposit to receive paychecks.<\/p>\n<div>\n<aside><q>Square CEO Jack Dorsey has been trying to involve his company in delivering stimulus payments<\/q><\/aside>\n<\/div>\n<p>A lot of people don&rsquo;t have or are unable to acquire a bank account, and Cash App offers a quick way for them to access deposits (physical stimulus checks are supposed to take longer to arrive). You will need to sign up for a Cash Card to set up a routing and account number. Once you do that, you will need to submit your banking information to the&nbsp;IRS. If you happened to file a federal income tax return in 2018 or 2019 or you don&rsquo;t normally file a tax return, but would still like the money to go to Cash App, the company says the IRS is releasing a tool on April 17th to update your direct deposit info with a new account.<\/p>\n<p>Cash App&rsquo;s competitors, like Venmo and its parent company PayPal, offer similar services, allowing you to use their platforms and set up direct deposits with them without a bank account. Like with the Cash Card, you will need to apply and get approved for a&nbsp;Venmo card&nbsp;or a&nbsp;PayPal Cash Card&nbsp;in order to use those features.<\/p>\n<div>\n<div class=\"SandboxRoot env-bp-350\" data-twitter-event-id=\"7\">\n<div id=\"twitter-widget-5\" class=\"EmbeddedTweet EmbeddedTweet--cta js-clickToOpenTarget\" lang=\"en\" data-click-to-open-target=\"https:\/\/twitter.com\/jack\/status\/1243256628809322496\" data-iframe-title=\"Twitter Tweet\" data-scribe=\"page:tweet\" data-twitter-event-id=\"11\">\n<div class=\"EmbeddedTweet-tweetContainer\">\n<div class=\"EmbeddedTweet-tweet\">\n<blockquote class=\"Tweet h-entry js-tweetIdInfo subject expanded\" cite=\"https:\/\/twitter.com\/jack\/status\/1243256628809322496\" data-tweet-id=\"1243256628809322496\" data-scribe=\"section:subject\">\n<div class=\"Tweet-header\"><img decoding=\"async\" class=\"Avatar\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1115644092329758721\/AFjOr-K8_normal.jpg\" alt=\"\" data-scribe=\"element:avatar\" data-src-2x=\"https:\/\/pbs.twimg.com\/profile_images\/1115644092329758721\/AFjOr-K8_bigger.jpg\" data-src-1x=\"https:\/\/pbs.twimg.com\/profile_images\/1115644092329758721\/AFjOr-K8_normal.jpg\" \/><\/p>\n<div class=\"TweetAuthor js-inViewportScribingTarget\" data-scribe=\"component:author\">\n<div class=\"TweetAuthor-nameScreenNameContainer\"><span class=\"TweetAuthor-decoratedName\"><span class=\"TweetAuthor-name Identity-name customisable-highlight\" title=\"jack\" data-scribe=\"element:name\">jack<\/span><\/span><\/p>\n<div class=\"Icon Icon--verified \" title=\"Verified Account\" role=\"img\" aria-label=\"Verified Account\">&nbsp;<\/div>\n<p><span class=\"TweetAuthor-decoratedName\"><span class=\"TweetAuthor-verifiedBadge\" data-scribe=\"element:verified_badge\"><strong class=\"u-hiddenVisually\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/11.2.0\/72x72\/2714.png\" alt=\"\u2714\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/><\/strong><\/span><\/span><span class=\"TweetAuthor-screenName Identity-screenName\" dir=\"ltr\" title=\"@jack\" data-scribe=\"element:screen_name\">@jack<\/span><\/div>\n<\/div>\n<div class=\"Tweet-brand\">\n<div class=\"Icon Icon--twitter \" title=\"View on Twitter\" role=\"presentation\" aria-label=\"View on Twitter\">&nbsp;<\/div>\n<\/div>\n<\/div>\n<div class=\"Tweet-body e-entry-content\" data-scribe=\"component:tweet\">\n<div class=\"Tweet-target js-inViewportScribingTarget\">&nbsp;<\/div>\n<p class=\"Tweet-text e-entry-title\" dir=\"ltr\" lang=\"en\">People need help immediately. The technology exists to get money to most people today (even to those without bank accounts). Square and many of our peers can get it done. US government: let us help. <span class=\"u-hiddenVisually\">https:\/\/<\/span>twitter.com\/TheKingofReads<span class=\"u-hiddenVisually\">\/status\/1242813019677130752&nbsp;<\/span>&hellip;<\/p>\n<div class=\"Tweet-card\">\n<div class=\"QuoteTweet\" tabindex=\"0\" data-scribe=\"section:quote\">\n<div class=\"QuoteTweet-nonMediaContainer\">\n<div class=\"TweetAuthor js-inViewportScribingTarget TweetAuthor--oneLine\" data-scribe=\"component:author\">\n<div class=\"TweetAuthor-nameScreenNameContainer\"><span class=\"TweetAuthor-decoratedName\"><span class=\"TweetAuthor-name Identity-name customisable-highlight\" title=\"TheKingofReads\" data-scribe=\"element:name\">TheKingofReads<\/span><\/span><span class=\"TweetAuthor-screenName Identity-screenName\" dir=\"ltr\" title=\"@TheKingofReads\" data-scribe=\"element:screen_name\">@TheKingofReads<\/span><\/div>\n<\/div>\n<div>&nbsp;<\/div>\n<p class=\"QuoteTweet-text e-entry-title\" dir=\"ltr\" lang=\"en\">Can they just CashApp us the $1200?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"TweetInfo\">\n<div class=\"TweetInfo-like\">\n<div data-scribe=\"element:heart\">\n<div class=\"Icon Icon--heart \" title=\"Like\" role=\"img\" aria-label=\"Like\">&nbsp;<\/div>\n<\/div>\n<p><span class=\"TweetInfo-heartStat\" data-scribe=\"element:heart_count\">26K<\/span><\/div>\n<div class=\"TweetInfo-timeGeo\"><time class=\"dt-updated\" title=\"Time posted: March 26, 2020 19:20:53 (UTC)\" datetime=\"2020-03-26T19:20:53+0000\">12:20 AM &#8211; Mar 27, 2020<\/time><\/div>\n<div class=\"tweet-InformationCircle\" data-scribe=\"element:notice\"><span class=\"u-hiddenVisually\">Twitter Ads info and privacy<\/span><\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n<\/div>\n<div class=\"CallToAction-icon\" data-scribe=\"element:conversation_icon\">\n<div class=\"Icon Icon--replyCTA \" title=\"View conversation on Twitter\" role=\"img\" aria-label=\"View conversation on Twitter\">&nbsp;<\/div>\n<\/div>\n<div class=\"CallToAction-text\" data-scribe=\"element:conversation_text\">7,167 people are talking about this<\/div>\n<div class=\"CallToAction-chevron\" data-scribe=\"element:cta_chevron\">\n<div class=\"Icon Icon--chevronRightCTA \" title=\"View on Twitter\" role=\"img\" aria-label=\"View on Twitter\">&nbsp;<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"resize-sensor\">\n<div class=\"resize-sensor-expand\">\n<div>&nbsp;<\/div>\n<\/div>\n<div class=\"resize-sensor-shrink\">\n<div>&nbsp;<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Square CEO Jack Dorsey has been trying to involve his company in delivering stimulus payments. Two weeks ago,&nbsp;Dorsey tweeted, &ldquo;US government: let us help.&rdquo; Today,&nbsp;he promoted Cash App&rsquo;s instructions&nbsp;for getting direct deposit payments with &ldquo;no bank account needed.&rdquo; Use of the app can certainly speed the process up for people unable to access a bank account. Of course, it also helps Square, too, by sending it new users and putting large sums of money into accounts on its platform. (Cash App makes money off transaction fees for certain services it offer stop both businesses and individuals.)<\/p>\n<p>Last month the US Congress passed the&nbsp;Coronavirus Aid, Relief, and Economic Security Act, a $2 trillion stimulus package aimed at providing financial relief to citizens undergoing financial hardship amid the novel coronavirus pandemic. Stimulus checks are now in the process of being direct deposited into US citizens&rsquo; accounts, but that automatic deposit requires you to have made a certain amount of money in 2019 or to have filed a federal income tax return. For those who don&rsquo;t fall in those categories, Square is now offering Cash App as an alternative to getting your hands on the money in a timely manner.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.theverge.com\/2020\/4\/10\/21217157\/cash-app-direct-deposit-government-stimulus-check\" target=\"_blank\">https:\/\/www.theverge.com\/2020\/4\/10\/21217157\/cash-app-direct-deposit-government-stimulus-check<\/a><br \/><b>Contact Information:<\/b><br \/>Taylor Lyles<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/artificial-intelligence-newswire\/\" rel=\"category tag\">Artificial Intelligence Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Taylor Lyles<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Image: Square Payments platform Square is now suggesting users&nbsp;deposit their COVID-19 stimulus payments&nbsp;through its Cash App for faster and easier access to the funds, in the event someone doesn&rsquo;t have access to a traditional bank account. The app has started showing users a pop-up explaining how to go about getting the payment deposited without having &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/\">Continue reading <span>Square&rsquo;s Cash App details how to use its direct deposit feature to access stimulus funds<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,3,22,54],"tags":[],"class_list":["post-2299","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence-newswire","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Square\u2019s Cash App details how to use its direct deposit feature to access stimulus funds - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Square\u2019s Cash App details how to use its direct deposit feature to access stimulus funds - Business\" \/>\n<meta property=\"og:description\" content=\"Image: Square Payments platform Square is now suggesting users&nbsp;deposit their COVID-19 stimulus payments&nbsp;through its Cash App for faster and easier access to the funds, in the event someone doesn&rsquo;t have access to a traditional bank account. The app has started showing users a pop-up explaining how to go about getting the payment deposited without having &hellip; Continue reading Square&rsquo;s Cash App details how to use its direct deposit feature to access stimulus funds Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-13T16:10:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.vox-cdn.com\/thumbor\/7BaFbd0FpMD5nQNZP8XiV6opElA=\/350x0:1252x601\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66638381\/Cash_App___Dollar___Full.0.jpg\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/\",\"name\":\"Square\u2019s Cash App details how to use its direct deposit feature to access stimulus funds - 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The app has started showing users a pop-up explaining how to go about getting the payment deposited without having &hellip; Continue reading Square&rsquo;s Cash App details how to use its direct deposit feature to access stimulus funds Continue Reading &rarr;","og_url":"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/","og_site_name":"Business","article_published_time":"2020-04-13T16:10:00+00:00","og_image":[{"url":"https:\/\/cdn.vox-cdn.com\/thumbor\/7BaFbd0FpMD5nQNZP8XiV6opElA=\/350x0:1252x601\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66638381\/Cash_App___Dollar___Full.0.jpg","type":"","width":"","height":""}],"author":"Asiya","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Asiya","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/","url":"https:\/\/ipsnews.net\/business\/2020\/04\/13\/squares-cash-app-details-how-to-use-its-direct-deposit-feature-to-access-stimulus-funds\/","name":"Square\u2019s Cash App details how to use its direct deposit feature to access stimulus funds - 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