Cash App has become an incredibly popular way to send and receive money from others. But is it actually safe to use, if you value your privacy?
Many people wonder if Cash App has the potential to truly be anonymous. However, your level of anonymity will depend heavily on how you set up your profile.
So, is Cash App anonymous, and what should you do in order to hide your identity from others?
In this article, I’ll cover everything that you need to know!
Is Cash App Anonymous?
When asking whether Cash App is anonymous, it’s important to identify who you’re actually trying to hide your identity from.
If you set up your Cash App in the right way, your transactions to other CashApp users are completely anonymous. This is because when you send or receive money, there are only three pieces of information that the other person can see.
The first is your $Cashtag. This is your unique Cash App ID, and can be thought of similarly to a username on another website. Cash App only allows you to change your $Cashtag twice, so it’s important that you choose it wisely.
The second piece of information that other users can see is the name on your Cash App profile. Note that you can set this to anything that you’d like – it doesn’t have to match up with your actual name.
Finally, if you’ve added a photo to your Cash App profile, people may be able to see this as well.
We’ll talk more about how you can change and privatize information a little later on. However, what’s important to understand is that other Cash App users cannot see things like your full legal name, your social security number, your date of birth, or the cards connected to your Cash App account.
Cash App Knows Who You Are, However
Although it is possible to completely hide who you are from other Cash App users, you won’t go far trying to hide from Cash App themselves.
As soon as you begin seriously using the service (or you need to withdrawal any funds you’ve received), Cash App will require you to verify your identity with them.
This will require you to submit information such as your full legal name, your social security number, and your date of birth. Additionally, you may also be asked to take a selfie with your government-issued ID.
This will then be matched against legal records, to ensure that you are who you say you are.
While you may be able to transact up to a certain amount without needing to verify your identity, it is likely they will ask for it at some point before you are allowed to continue.
Ultimately, this is for a few reasons.
First, Cash App doesn’t want people making multiple accounts if they’ve previously been banned for terms of service violations, for example.
However, Cash App is also legally bound by Know Your Customer laws, which require Cash App to maintain detailed records about who is using their service, and what they’re using it for.
This helps the U.S. government prevent things like money laundering, or the funding of criminal activities.
So, even if Cash App didn’t care about knowing who you are, they legally have to comply with the laws financial institutions are bound to.
Therefore, you and your transactions can’t be anonymous from Cash App themselves – if they really needed to, they could trace the transactions back to you.
How To Privatize Your Cash App Profile
For many people, they don’t care about hiding their information from Cash App. Instead, they simply want to make sure they are anonymous when transacting with other users.
Thankfully, making yourself anonymous to other Cash App users is pretty simple!
It starts with your Cash App ID, or $Cashtag. Be sure when you make it, that you don’t include any personal information, such as your name, initials, or year of birth. All of this information can be used to help deanonymize you if somebody is trying to figure out who you are.
Next, change your name in Cash App’s settings. This can be done by tapping on the profile icon in the top-right corner, and then tapping on ‘Edit Profile.’ Again, the name you provide on your profile does not have to match your legal name, so feel free to change it to whatever you’d like.
Finally, if you have a bio or profile picture, consider removing or changing it. Neither of these are required to both send and receive money on Cash App, so there is no reason to have them unless you have another reason to do so.
Once all of this is done, it will be impossible for another user to figure out who you are when they send money, or receive money from you.
Can’t I Just Use Fake Info?
You may be wondering if it’s possible to simply supply fake info, or bypass Cash App’s verification in some way.
Unfortunately, this isn’t just impossible, but it may actually considered fraud and can result in legal trouble.
Just like you wouldn’t use someone else’s identity to open a bank account, you shouldn’t use fake information to verify your identity with Cash App.
Besides, they actually check to make sure everything matches up. If you try supplying fake information, it simply won’t work. And if you supply someone else’s information, you’re committing identity theft.
Which by the way, is not a joke.
Don’t do it. Supply your real information, stay under Cash App’s verification limits, or don’t use Cash App. Those are your options.
Thankfully, Cash App makes it easy to hide your identity from other users, so they have no way of finding out who you are.
However, do to government laws and regulations, they are legally required to verify your information once you pass certain limits, making it difficult to become anonymous to Cash App themselves.
I hope that you’ve found this article helpful, and that it’s answered all of your questions.
If you have any other questions about Cash App or their verification system, ask them below and I’ll be happy to help.
Wishing you the best,
– James McAllister