Seeing a CASH APP charge on your statement?
Common ways CASH APP charges might appear on your statement
CASH APP
CASH APP*CASH OUT
SQC<CASH APPCASH OU>**
CASH APP*<NAME>
CASH APP<NAME>
CASH APP*CRYPTO RIX
What is CASH APP?
Cash App is a mobile financial services application created by Block, Inc. (formerly Square, Inc.). It allows users in the U.S. to send and receive peer-to-peer payments, spend using a linked debit card (Cash Card), buy stocks, trade Bitcoin, and cash out funds to bank accounts. Learn more at cash.app.
Common causes for CASH APP charges
- A peer-to-peer payment or transfer you initiated (or received) via Cash App, which shows up on your linked bank or debit card statement.
- Funds “cashed out” (withdrawn) from your Cash App balance to your linked bank account or debit card
- Payments sent to other users via Cash App using their $Cashtag or phone/email; the descriptor may include the recipient’s name or a reference like CRYPTO RIX if related to cryptocurrency.
- Transactions involving external services or merchants where Cash App was used as the payment method; the descriptor may retain the “CASH APP*” prefix followed by the recipient or service name.
- Unrecognized charges may occur if someone else used your bank/linked card with Cash App, or if you forgot that you authorized a transfer. If you don’t recognise the recipient name or amount, check your Cash App activity or contact your bank.
Decoding CASH APP charge tags
- CASH APP indicates the merchant or service is Cash App (the mobile wallet/payment app).
- CASH APP*CASH OUT or SQC<CASH APPCASH OU>** suggests a “cash-out” or withdrawal transaction from the Cash App balance to a bank account/card.
- CASH APP<Name> denotes a transfer you made (or someone made) to the person with that name via Cash App. The name after the asterisk is the recipient.
- CRYPTO RIX, if present in the descriptor, likely indicates a crypto-related transaction via Cash App (for example, buying/selling Bitcoin or sending crypto).
