Potentially Fraudulent Payment
This error happens more often than you realize. It often says “Cash app payment canceled for your protection” or some similar wording. You see, Cash App and basically every other financial institution has to adhere to anti-money laundering and anti-terrorism laws.
Sometimes, in order to adhere to them, the algorithm gets a bit overzealous and flags ordinary, everyday transfers as fraudulent and cancels them on the spot. Some people get this more than others but there are ways to mitigate and prevent this from happening.
Technical Issues With Cash App or Bank
We all know that almost nothing on the internet is perfect. That, of course, extends to financial, money management, and banking apps, as well. These things crash left and right and some days they don’t work at all.
So, if you’re having trouble with a transfer, it might be wise to check that there are no issues with institutions involved. It’s obviously not ideal, but it’s reality.
Regards,
Will Joe