Archives for August 2019

Smartphones are not just used for dry-talking communication by phone or SMS, but are a companion for all life and interest.

For many users, not only the sharing of news in social networks is one of the most important tasks of their smartphone – more and more users enjoy the countless games apps that can sweeten a bad-weather lunch break or the train with the late train home. And not a few come up with the idea that one can earn money with the use of apps.

Is a combination of fun and a plus in the wallet possible? That promises the CashApp make quick money – but is it really worth it?

• How does CashApp work?
• requirements for use
• registration
• Collect credits
• Settle credits
• How reputable is the Cash App?
• data protection
• References to other companies
• Notes on clearing and payment conditions
• Conclusion

How does CashApp work?

requirements for use

To use the free CashApp, you must first be a verified Facebook or Google+ member. Unfortunately, it does not work without an account with one of these two providers, as no separate registration procedure is offered.

The latest version, 2.55.2, is from August 2019, requires Android 2.3 or higher, and requires 15 MB of free space.

registration

The registration takes place on the provider side with the help of one of the above mentioned accounts and the filling out of all relevant information fields.
However, the future user can only determine which these are in detail when he is already in the registration process …

He then designs his account with the help of a PayPal data for later payouts and goes on app and credit hunt.

Collect credits

To collect credits and exchange them later, the user has several options:

He can download and use game apps,
he can invite friends via a special code and collect credits after signing up, or like
certain apps to recommend and credits.

However, the two main factors are the first two points. With them, the user should earn the most money.

Also Read:

Cashapp now lets all US CashApp users buy and sell Bitcoin

Everything You Need to Know About PayPal, Square Cash & co

Cashapp hack

To the appropriate app suggestions, the user comes to the section “$ Offers”, in which he can look around for the latest ideas and offers. In addition to the suggestions, he gets an overview of which level he has to reach for which amount of money.

Alternatively, it is worth inviting friends. However, these must be completely logged in, so you get well-written as recommending user 0.2 euros.

Charge money

In the section “My income” you can always see how many credits, dollars, you have already taken. These are paid out directly as money via PayPal or can be used as a goods voucher.

How reputable is CashApp?

At first glance, the website of CashApp seems relatively inviting: It is clearly structured and promises first of all important information.

Nonetheless, when you look closely, there are some sticking points that should not be ignored:

There are no details about the manufacturer of the app. A classic imprint with company headquarters and founding date of the company is missing completely.

In addition, contact is only possible via an e-mail address, specific contact persons are not mentioned.
Some areas of the website are only accessible if you are already a registered user. So there is no details about the payout system – too bad.

And the app system is not explained in detail, you will not get a deeper overview of the currently offered proposals. In this way you can not estimate before logging in, whether the app is worth it or not.

Even in the user ratings, the views differ widely, although the majority of users reported to the Google Play store were quite satisfied with the app. However, an approximately achievable amount of money per month remains completely open.

data protection

The information provided in the area of ​​data protection is relatively extensive and includes explanations of the personal as well as the server data of the users.

It is important that personal Facebook and Google+ data are read out and used to “improve the system”. But they are not shared – if the user explicitly states (!) – and immediately shut down as soon as he deactivates the CashApp.

References to other companies

Other companies linked to CashApp are also cautioned: First and foremost, that CashApp can not be held responsible for their content and problems that arise.

This is particularly useful when CashApp has suggested an app, the user installs it, but only after de installation finds that it is not running on his system or crashes in the course of use.

Already mentally scheduled credits are eliminated and will not be replaced.

Notes on clearing and payment conditions

Good is the choice between PayPal and a voucher – and also the indication that it can take up to a coupon-sending up to two days, is helpful.

Nevertheless, a reference to the PayPal transaction fees may be helpful – according to the current state of the homepage does not show whether any incurred and how high they may be.

Conclusion

How many users actually have the CashApp remains difficult to say; the Google play store has a bandwidth of 100,000 and 500,000 people who purchased the app through it.

With a good 15,500 reviews, 12,000 users were satisfied with the app, reaching a total of 4.4 out of 5 points.
However, some reported a slow payout system or a depreciation …

Ultimately, every user has to make his own picture – but who prior to the application value to a high degree of transparency, should be rather critical in this app. Despite nice basic idea.

The cash application of the online payment processor Square shot the weekend at number one on the download charts of the App Store in the United States. Among other things, it enables the trading of Bitcoin (BTC).

Cash App, an application that facilitates the acquisition of Bitcoin among other things , briefly dominated the App Store. It was designed by online payment processor Square, which is led by Twitter CEO Jack Dorsey. On Saturday, the application in the US temporarily topped the download charts of Apple’s App Store, ending up even ahead of the YouTube app.

Currently, the cash app has been pushed back from the top, but is still in first place in the iTunes charts in the Finance category again – before the PayPal app. Also in the Google Play Store , the app in this area reaches the first place.

Also Read:

Free Cashapp money

Everything You Need to Know About PayPal, Square Cash & co

Access even easier than with competition

The cash app has a clear advantage over other crypto exchanges. For a long time, it served only as a payment service provider for US dollar transactions. This has allowed her to build a broad user base.

As a rule, these customers have already verified their identity and can therefore immediately enter into Bitcoin trading. When registering for exchanges such as Coinbase or Gemini , they would have to go through the cumbersome KYC process again.

A disadvantage of the cash app , however, is that so far there have been no Altcoins released for trading. Also the lack of international availability is a criticism: Under the Tweet shown above were comments like ” Please do this for Australians ” or ” Come to Brazil “. Also in India the app is not downloadable yet.

Rising revenue from Bitcoin business

Squares Bitcoin business is so far unimpressed by this year’s bear market. BTC trading revenues were $ 34 million in the first quarter of 2018, but climbed to $ 37 million in Q2 and $ 43 million in the third.

However, the Bitcoin purchase was only made available to most users of the cash app at the end of January . Due to high costs due to the BTC integration, the company only recorded a profit of around 550,000 US dollars in the Bitcoin trade in the third quarter.

Profit does not come first

Square , however, has not written on the flags to make the fast money. Sarah Friar, Chief Financial Officer (CFO) of the company, told the station CNBC in August: “It is not an important monetization engine. The goal is to continue the usefulness of the cash app . “

Square CEO Jack Dorsey predicted a bright future for Bitcoin in March: he told the Times newspaper that the coin would become the only currency on the Internet, perhaps within the next decade or so.

Will the existing ex changes disappear as more and more financial services providers offer crypto trading on their established platforms? Write us your thoughts in the comments column!

Cash is king? That was once! Especially young people prefer to pay cashless. The market potential for the providers of the corresponding infrastructure is huge. Takeover fantasies in the industry – as well as the latest offers for Worldpay and Paysafe – are fueling the prices of payment providers. The main shares in the check.

The Indians are known to be a people of the cash payer. Especially for smaller sums of up to 5000 rupees, according to a GfK study. Although with the amount of the amounts also the readiness for cashless payments with bank or credit cards to pay in the shop with the smartphone in this country, however, often provides for questioning looks – mostly from the cashier itself.

Other countries are already much further. But even in this country, young people who grew up with the Internet and smartphones are much more eager to experiment. In addition, booming online shopping means there is no way around cashless payments any more.

Also Read: Cashapp hack

According to the World Payments Report, there were around 433 billion cashless transactions worldwide in 2016. HSBC analysts expect their number to continue to grow by ten percent a year over the next five years. Reason enough for a close look at the most promising companies in the payment industry.

Vantiv: New payment giant

With its $ 10 billion bid for UK rival Worldpay, US payments processor Vantiv not only laid the groundwork for a new payment giants in early July, but may also have kicked off a consolidation in the industry.

The idea behind the proposed merger: Vantiv, the largest processor of credit card payments in the US, has so far generated about half of its sales with large retail chains. But they are particularly suffering from competition from online shops, especially Amazon. Worldpay, on the other hand, focuses on smaller brick-and-mortar retailers and making payments on the Internet. Worldpay is struggling in the US: Platzhirsch Vantiv’s EBITDA margin is almost twice as high as that of the British at 40 percent.

The acquisition thus holds potential for high cost synergies and increased sales. The £ 3.85 Vantiv offering per Worldpay Share means only about a 20% premium to the June 30 closing price. On this basis, Worldpay is rated in the deal with a 2018 P / E of 24 and 5.4 times sales – in peer group comparison, this is absolutely out of line.

After co-interested JPMorgan does not want to engage in a competition, the acquisition is already priced in the opinion of the SHAREHOLDERS in the price of Worldpay. An entry is therefore no longer appropriate. At Vantiv, investors can now put a foot in the door.

Square: In the fast lane

“Paypal Should Take Over Square.” This phrase by loop-capital analyst Joseph Vafi was enough last week to push Square’s stock up more than six percent and reach a new all-time high. The reaction shows that the payment industry is on the move and is expected to make further acquisitions.

Square is considered one of the hottest candidates. Even Visa should have an eye on it. No wonder, because the young company has successfully established itself in its niche and is now pushing for the big stage. Founded by Twitter boss Jack Dorsey in 2009, Square started with a small adapter and app that turns any smartphone into a card reader reader.

In the following years, the start-up created a whole payment ecosystem with a clear focus on small and medium-sized enterprises. Whether hardware and software for payment processing, write bills, take reservations and orders or create rosters: Square offers everything from one source. Even business loans and its own food delivery service has the company in the portfolio.

This is well received by traders, as the volume of payments processed in the past five quarters has grown on average by 38.6 percent compared to the same period of the previous year. Adjusted sales even show an increase of 52.4 percent over the same period. In the current year, the board is aiming for up to $ 900 million. Although the operating result has been positive for four quarters and was in the first quarter at 27 million euros, the bottom line writes Square but still in the red. But even here, there is great progress: According to Bloomberg analysts expect the fourth quarter of 2018 for the first time with a net profit.

In order to achieve this, Square will increasingly focus on larger dealers in addition to expanding its product portfolio. Although this means a little more effort in the care, but bring in return significantly higher transaction volumes. In addition, the global expansion of the company is still in its infancy. Square is currently only active in six countries: USA, Canada, Australia, Japan and, more recently, Great Britain and Ireland. Countries such as France, Belgium and Sweden, as well as large parts of Asia, offer similarly good conditions as Great Britain and should soon follow.

It is not really surprising that larger companies in the payment and tech industry are listening to this growth story. But Square will not be cheap – under 30 percent take-over premium on the already well-run course will probably go anything. Square would then be valued at around twelve billion dollars (about 10.5 billion euros), which corresponds to a 2018 KGV 85 and 10 times the annual turnover.

Investors who have followed the initial recommendation of the SHAREHOLDERS in September 2016 can look forward to the fact that Square has more than doubled since then. But the end of the flagpole has not yet been reached. If the high rating does not deter you, weakness can continue.

Paypal: Does Mastercard access?

If that is not an announcement! “Paypal is not at the end, but only at the beginning of an outperformance, which will probably last many years,” said Bernstein analyst Lisa Ellis in a recent comment on the stock. “The company has become its own ecosystem within the payworld and will grow even stronger through acquisitions.” Ellis’ target price: $ 61.

Thus, the end of the flagpole should not be reached when the takeover rumors about Paypal are getting louder. Last year, the market speculated that Mastercard would like to incorporate its competitors in order to get closer to Visa. American Express was also said to be interested in Paypal.

Such rumors clearly show how shiny Paypal is. In the past seven years, the number of active accounts has increased by 140 percent to 200 million. The transaction volume quintupled to $ 100 billion during that period.

In the US, the next competitor is now in the starting blocks: cell. With the payment app 30 banks want to win together above all young customers. So far, Paypal scored particularly well with his App Venmo at the Millennials. The service currently has an estimated 20 million users who paid $ 6.8 billion in the first quarter, an increase of 110 percent compared to Q1 2016. In social media, Venmo users praise the app over the green clover. Cell will have a hard time.

The Paypal stock is not expensive with a 2018 P / E ratio of 25, considering the expected earnings growth of 18 percent and the potential of the market. Since the recommendation of the SHAREHOLDERS, the title is 45 percent plus. Clear thing: There is more.

Ingenico: insider tip from France

After the acquisition of Worldpay by Vantiv many investors came to the thought: There was something at Ingenico. The French specialist in payment services, which among other things produces payment terminals, this spring became the focus of takeover speculation. At that time, it was said that the consulting company Atos was to Ingenico and wants to pay up to eight billion euros. But nothing came of the deal.

Ingenico offers a lot, for example, fantasy in terms of e-mobility. Ingenico has signed a cooperation agreement with infrastructure company Spie three months ago: Ingenico will equip 9,800 charging stations with a payment terminal. Motorists can pay by card or smartphone. The need for charging stations is huge: there are currently 2.5 million stations, and by 2020 over 12 million will be needed.

Ingenico also benefits from the fact that many cities are making their ticket and car park terminals fit for mobile payments. Also restaurant and supermarket cash registers must be converted. The e-payments division has long been one of the Group’s growth drivers.

The Ingenico stock comes in at a 2018 P / E of 16, which is cheap, especially when compared to Worldpay. Vantiv pays 24x the 2018 profit and 5.4x revenue for Worldpay. Ingenico’s KUV is 1.9.

Growth and imagination to fall away

The market for cashless payment options is hot and is additionally fueled by the takeover fantasy. This is reflected in part already in courses and reviews. At the same time, the companies score points in the check with convincing growth stories. The peer group comparison also shows that there are still bargains in this industry.