Jack Peter
Participant

There are several common reasons why Cash App direct deposits pending which are mentioned below:
• A pending direct deposit may remain on your Cash App account because it was not verified. This means either the person who sent the payment failed to verify their Cash App accounts correctly or their linked bank account was not verified. The payment will be processed as scheduled, and the notice will be removed from your Cash App account.
• Direct deposit can be pending if the bank account associated with your Cash App is not verified or the verification process has issues.
• Depending on your employer’s payroll schedule and the deposit’s timing, direct deposits can take 1-5 working days to be processed. The speed of a deposit can also be affected by the processing time and policies of the banks involved. If you are trying to deposit funds from a different bank, the deposit takes longer than expected.
• Cash App can stop your direct deposit when it detects you have exceeded the daily limit for how much money you can send at one time. Cash App will suspend payments if this threshold is exceeded. You can lower the limit or ask your employer for multiple deposits.
• Cash App’s security experts can sometimes delay your direct deposit due to additional security checks. They place holds on deposits for further security verification or review. These security holds can be caused by suspicious transactions or users who violate Cash App’s terms and conditions. Typically, these security hold will clear in a few days.

For more info: https://www.linkedin.com/pulse/why-my-cash-app-direct-deposit-pending-common-reasons-ailana-margaret-ng0rf

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