Cash App for Business pricing was created with small business owners in mind. Cash App for Business accounts are free to create and require no hardware to process business payments.

Cash App will automatically deduct a 2.75% processing fee on each payment you receive to your Cash App for Business account. When you receive a payment from a customer on your Cash App for Business account, the amount you receive in your balance will not include the deducted fees.

You can view the processing fees associated with the transaction in your Activity tab:

  1. Open the Activity tab in the bottom right corner of your Cash App home screen
  2. Scroll down to see your payment history
  3. Select a payment for specific payment details, including fees

Cash App for Business customers can hold their received funds in their Cash App balance to make business transactions, or transfer the funds to a linked debit card or bank account. Cash App may charge a fee for Instant Deposits, which may range from 0.5% to 1.75% depending on the deposit amount (minimum of $0.25).

For information on how the IRS requires Cash App to report your business income, see Tax Reporting with Cash App For Business.