CASHAPP is known as a mobile payment service that allows users to transfer money to one another using an app.
On June 1, 2023, some users started running into difficulty when trying to use the app on their mobile devices.
Is Cash App down?
On June 1, 2023, around 11am EST, many users reported problems with the app.
According to Downdetector, users are reporting three main problems:
- 73 percent are having issues accessing the app
- 14 percent are having issues processing payments
- 12 percent are having issues transferring funds
What are people saying about the outage?
Many users took to social media to try and figure out what was going on.
One user commented: “Where is my money!! Like its the first of the month cash app this is ridiculous.”
Another wrote: “So its not just direct deposit. My husband’s app keeps crashing when he tries to use his card to pay for gas to get to work. I hope they get all this fixed ASAP.. or at the very least acknowledge that there’s a damn problem.”
Who is the Cash App CEO?
Cash App is part of Square Inc, a financial services and digital payments company based in San Francisco, California.
Since its launch in 2013, Jack Dorsey has been the acting CEO.
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Dorsey, 44, is an American billionaire technology entrepreneur and philanthropist who is most famously known as the CEO of Twitter.
As of 2021, Forbes estimates that Dorsey has a net worth of $14.8 billion.