No. Cash App is not available in Iceland. Cash Apps are one of the best ways to send and receive money directly from your smartphone. However, if you’ve ever tried to send money overseas using the Cash App, you may have found that the process isn’t so simple.

This is because the Cash App currently only supports payments from the US to the UK and payment requests from the UK. If you’re doing a currency exchange between USD and GBP, then the Cash App is a good option (provided both parties have the Cash App) as it doesn’t charge any fees.

Can (And Should) I Use Cash App for International Payments?

As we’ve seen above, the Cash App isn’t available everywhere in the world and is only available to US and UK residents. To use the Cash App app in the first place (let alone send and receive money via online banking), you and your recipient must have a US or UK bank account.

The Cash App is a good choice if you want to send or receive money between the US and the UK (as long as both you and the person you want to pay use the Cash App or are willing to download it). This is because the Cash App doesn’t charge a margin on exchange rates and there are no transaction fees, which means that your funds will be exchanged at the true US dollar-to-pound sterling exchange rate (known as the mid-market rate) at no cost at all.