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Jan 24, 20232 min read

What is a PVC Charge on Cash App? Find out here

Updated: Feb 7, 2023



Want to know about PVC Charge On Cash App? Check this blog to get crucial details:

The PVC charge was referred to as the clearance fee which is a scam. The cash app never asks for any clearance fee. If someone is asking for this PVC charge then it is a scam. Usually, this fee is charged by the bank, payment issuer, or service provider to clear the amount while making the transaction of money. The clearance fee or the PVC deducts a small amount as the fee and as a part of the clearance.


Understanding what is PVC charge


It’s a common query about PVC charges. What it is and why it is considered a scam. Well, PVC charge is also known as the clearance fee scam. This is sometimes considered a scam if compared to other fraud attempts that are done using Cash App.


In general, Cash App charges approximately a 3 percent fee if the users use a credit card to send money or make payments. However, if the cash app user is making payments with a debit card or bank account then there will be no fee or charges for this. In fact, the money transaction process will be free. In addition to this Cash App will charge a 1.5 percent fee if the user is using Instant Transfer of funds from your Cash App to another account.


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Some pointers to keep in mind are:


  • One thing to keep in mind is that there’s no such thing as a PVC Charge On Cash App or clearance fee in Cash App. This is because Cash App doesn’t have any clearance fees.

  • If any user is receiving any email for making payment of the PVC fee then one needs to ignore it as this can be a scam.


How to avoid PVC Charge scams on the Cash App?


If you do not want to fall prey to these clearance or PVC fees then here’s what you’ll have to do:


  • First of all, you should never send money to those Cash App accounts that are non-verified.

  • To save you from the PVC Charge scam make sure to check the recipient’s account to ensure that it is of a verified user.

  • Make sure to double-check the information of the recipient before sending money to them.


Conclusion


Here, you will find out what PVC Charge On Cash App is and how you should avoid it. Get to know about this scam in a detailed way in this blog. This is a clearance fee scam that one can need to avoid by following above mentioned crucial tips.




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