Cash App for Business lets anyone pay your $cashtag, but it charges 2.6% + $0.15 on every payment you receive. Here is how to set up a Cash App business account, what it costs, how payment links work, and how to invoice clients so more of the money reaches you.
Cash App for Business takes 2.6% + $0.15 of every payment. On $1,000 that's $26.15 — one of the higher app fees for receiving money. See what it costs you
Accepting business payments requires a Business account (free to open). It unlocks a public $cashtag and payment acceptance — but every incoming payment is charged 2.6% + $0.15.
Clients can pay your $cashtag, scan your QR code or use a payment link. Since February 2026 business accounts can create reusable payment links with the amount and a note pre-filled. For real jobs, send an invoice too, so there's a clear record of what was billed.
List a bank transfer or PayID on the same invoice. Clients who choose it cost you nothing, so you dodge the 2.6% + $0.15 while still offering Cash App to those who want it.
Cash App for Business reports payments on a 1099-K past the threshold. Keeping invoices and receipts means your business income is documented and tax time is simple.
Yes. Cash App for Business accounts are charged 2.6% + $0.15 on every payment received. Personal Cash App accounts don't have this fee but aren't meant for business use.
To accept business payments properly, yes — a Business account gives you a public $cashtag and payment acceptance. It's free to open, but the 2.6% + $0.15 per-payment fee applies.
Offer a free rail on your invoice. When a client pays by bank transfer or PayID instead, there's no processing fee and you keep 100%. InvoiceSonic adds all your payment methods to every invoice for free.
Not real invoices. Cash App for Business has no invoice feature; it offers your $cashtag link, a QR code and, since 10 February 2026, payment links with a pre-filled amount and note. Square sellers can add Cash App Pay to Square Invoices, but those payments are charged 2.9% + 30¢. Most small businesses send an itemised invoice that lists their $cashtag as one way to pay.
In Cash App, open your profile, choose Change account type, and switch to a business account (or sign up fresh and pick business). It's free to open, gives you a public $cashtag customers can pay, and starts charging 2.6% + $0.15 on payments you receive from then on.
Yes — the account type can be changed back in the same settings. People usually switch back because of the per-payment fee, but remember that taking business payments on a personal account is against Cash App's terms; the cleaner fix is offering clients a free rail like bank transfer or Zelle on your invoice.
2.6% + $0.15 per payment received from a customer's Cash App account, according to Cash App's help centre. The flat 2.75% you'll still see quoted online is the old rate. Tap to Pay in person costs 3%.
Standard deposits to your bank are free and take 1 to 3 business days. Instant deposits cost 0.5% to 2.5%, with a minimum and maximum fee shown before you confirm. Check the current rate in the app.
Yes. Cash App issues Form 1099-K to business accounts that pass the IRS reporting threshold. Keeping your own invoices makes it easier to match those totals to the work you billed.
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