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How to cancel pending payment on cash app?
If you are searching about how to cancel a pending payment on cash app, it means you are using cash app and are aware of it very well so here we will not talk about the general information about CashApp.
There are situations when you send money to someone or you buy something using your cash account but what happens the transaction is stuck in between and it shows the “payment is pending” so what should we do in that situation.
Well, this app takes very much care of its users and wants to keep the platform user friendly and wants its users to have a good experience while using cash app. You can always opt to cancel a pending payment on cash app. Here we will discuss the steps to be followed to cancel a pending transaction.
- Just land in your cash app account
- Now select the activity tab from the right bottom corner of your home screen
- Now choose the transaction tab and scroll to select which transaction you want to cancel. Though you can only cancel transactions that are pending and not successful; you can not cancel a transaction that is successful and not pending.
- Now select cancel to cancel a pending payment and then choose a refund.
Following this process, you can cancel a pending payment on cash app.
Also Check:- How to Get Tax Refund on Cash App?
What happens if I cancel a pending payment on cash app?
So if your transaction is pending due to some unspecified reasons and now you do not want to wait anymore and want to cancel your pending transaction. Yes, you can always cancel your pending transaction. The question you must be willing to ask may be what happens if you cancel a pending cash app payment.
Let me tell you if you cancel a pending payment on cash app, the transaction gets canceled and money is not deducted from your account. In case the payment is canceled and the money is deducted from your account and not received by the other person or merchant, don’t worry you will get your money back within 3 to 5 working days. You just have to cancel the payment and ask for a refund.
Can you refund a pending transaction on cash app?
If you have canceled a pending payment on cash app and now you want a refund because the money was deducted from your account and was not received by the recipient. In this situation, you are eligible to request a refund from cash app. And even if you do not request a refund, money will be returned to your account, as it was deducted improperly without any successful transaction.
How to refund a pending payment on cash app?
Now you know that yes you can request a refund for your pending transactions once they are canceled. And now we will discuss how you can request a refund on cash app. So if you have canceled a pending transaction on cash app and looking for a refund, follow the given steps to request a refund.
Let’s discuss how you can request a refund for a pending transaction on cash app.
- Just land into your cash app account
- Now select the payment for which you want a refund, and make sure the transaction is pending and not a successful transaction.
- Now tap that particular transaction and select REFUND
- Press ok and the procedure is complete
After requesting the refund, you will get your money back in your account.
How long does a pending refund take on cash app?
Now we know very well that yes we can cancel a pending payment on cash app and how to cancel a pending payment on cash app. Now let’s say you have canceled a pending payment but the money is deducted from your account then in this situation money will automatically come into your account within 3 to 5 working days.
You can also request a refund through cash app you just have to select the transaction on cash app and request a refund. In the second case, if you bought something, later you did not like the service or product then also you can request a refund from the merchant. In this case, you will get the refund within 10 working days.