Payments with Cash App are easy but, what if you want to cancel your transactions? There can be several reasons for such a change of plans, and whatever they may be, if you want to cancel your pending Cash App transactions, we are here to guide you!
How to Cancel Pending Transactions on Cash App
Cash App has a good gained a reputation for its fast transactions. However, there may be instances where you wish to cancel a transaction, such as sending the inaccurate amount or mistakenly sending it to the wrong person. If you are in the middle of cancelling such a payment and don’t know how, read our guide below for answers!
Can I Cancel a Pending Payment on Cash App?
Yes, it is possible to cancel a pending payment order on Cash App, but it must be done before the payment is processed. It is important to note that canceling a pending transaction on Cash App may result in a cancellation fee. The fee varies depending on the transaction amount and can range from $5 to $30.
Additionally, it may take up to 10 business days for the funds to be refunded to the user’s account. But, if you still want to cancel a pending payment, follow these methods:
Method 1: Through Cash app
You can cancel a pending transaction order through Cash App with these steps:
1. Open the Cash App on their mobile device and navigate to the Activity tab.
2. Locate the pending transaction that you want to cancel and tap on it to view the transaction details.
3. Tap on the Cancel Payment option at the bottom of the screen.
4. Confirm that you want to cancel the transaction by tapping Yes on the confirmation screen.
Once the user has canceled the pending transaction, the funds will be returned to their Cash App balance.
Also Read: How to Remove Bank Account from Cash App
Method 2: Through Contact Support
If the user is unable to cancel a pending payment order on Cash App through the app, they can contact Cash App support for assistance. However, it is important to note that the support team may take some time to respond, and the user may still be subject to cancellation fees and refund processing times.
How Long Does a Pending Payment Take on Cash App?
The duration of a pending payment on Cash App can vary. Pending payment on Cash App often lasts between 24 and 48 hours. During this time, the payment is in the processing phase, and the funds are temporarily held.
The actual length of the pending period may vary depending on factors such as network congestion or the recipient’s bank processing times. If a pending payment takes longer than expected, contact Cash App support for assistance.
Also Read: How to Reopen Closed Cash App Account
How Do I Accept a Pending Payment on Cash App
If a user has a pending payment on Cash App, it means that someone has sent them money, but the transaction has not yet been processed. To accept a pending amount on Cash App, the user must first ensure that their account is linked to a valid debit card or bank account.
Once the user has verified their account information, they can accept a pending payment on Cash App by following these steps:
1. Open the Cash App and navigate to the Activity tab.
2. Find the pending payment then tap on Accept to view the details.
3. Tap the Confirm button to confirm that the user wants to accept the payment.
Once the user accepts the pending payment, the funds will be transferred to their Cash App balance. From there, they can choose to leave the funds in their Cash App account or transfer them to a linked bank account or debit card.
Note: If a user does not accept a pending payment within 14 days, the payment will be automatically canceled, and the funds will be returned to the sender’s account.
We hope that this article has helped you know how to cancel Pending Transaction on Cash App. Let us know what you want to learn next. Also, feel free to share any questions or suggestions in the comment section below.