Thanks to a number of advancements in technology how we do business today on a day-to-day basis have changed drastically. If you wanted to purchase something today, you’ll be surprised to learn that you can do so online in just a few simple clicks. This also applies to products or services that many or one might deem as being rare or out of stock.
One of the reasons why this is so is the presence of numerous online marketplaces. While there are a number of online marketplaces that allow users to make purchases from businesses and sellers or businesses to sell their goods or services to would-be buyers, none compares to online marketplaces offered by social media platforms such as Instagram and Facebook.
Equally important are peer-to-peer online payment platforms such as Cash Appthat make it easy for money to be exchanged online between buyers and businesses. It is with this that many tend to ask; is it safe to use Cash App for the Facebook marketplace?
Can You Use Cash App For Facebook Marketplace?
Yes, you can use Cash App when making purchases of items or services you’ve seen on the Facebook marketplace. However, it is important that you are very careful when doing so. Here is why.
Facebook, arguably the world's biggest and most used social media platform, boasts what is without a doubt one of the biggest marketplaces online. These marketplaces basically make it possible for businesses worldwide to showcase their products or services to many would-be buyers. One country where the Facebook marketplace is really big is America.
If you are in America, a simple search of any type of product or service on any given Facebook marketplace will give you a result. Simply put, there are a number of businesses that offer their product or services through Facebook. While these marketplaces are good, there is a need for platforms that make making payments to businesses easy. This is exactly what cash App offers.
The Bad Side of Facebook Marketplaces
While the Facebook marketplace is ideal, it has its shares of negatives. One such negative is con artists, scammers, or fraudsters. These three usually pose as businesses online on many Facebook marketplaces offering products which in real sense they don’t have. They usually convince buyers to send them money before they can be able to send the product or service only for them to disappear once the money is sent to them.
While you might be able to recover the money you’ve been conned off, in most cases you usually don’t. And if you are using Cash App, don’t expect them to refund you. They are not FDIC insured and such, have no obligations to refund you of money you’ve been conned online.