SAAFE forum

General Category => Questions and Answers => Topic started by: Hazzard on 01 March 2025, 11:17:50 pm

Title: Cash App now closed.
Post by: Hazzard on 01 March 2025, 11:17:50 pm

Apologies if this has been answered elsewhere. I did a search but nothing answered my specific question I used to take deposits via cash app, which was discreet and easy to use. The app shut down last year and I been taking bookings without deposits but the number of timewasters is increasing. I don't want to give my personal bank details as I don't want clients knowing my name. I don't want to use PayPal or Amazon gift cards. My questions is if I setup a business ac as sole trader and took deposits via that will my name show up or just business name? Is there any other discreet method? Cash app was brilliant but its gone unfortunately

Title: Re: Cash App now closed.
Post by: FullyFashioned on 01 March 2025, 11:29:10 pm

It will only display a business name

Title: Re: Cash App now closed.
Post by: Hazzard on 01 March 2025, 11:41:51 pm

Thankyou after reading that some clients may claim back it as fraud im having second thoughts

Title: Re: Cash App now closed.
Post by: E_FitGirl on 02 March 2025, 10:52:04 am

I dont take deposits for this reason. Yes there are no shows but I would rather risk that then outing myself. For outcalls I do take £20 amazon giftcard.

Title: Re: Cash App now closed.
Post by: Hazzard on 02 March 2025, 11:10:29 am

Quote from: E_FitGirl on 02 March 2025, 10:52:04 am

I dont take deposits for this reason. Yes there are no shows but I would rather risk that then outing myself. For outcalls I do take £20 amazon giftcard.

I couldn't agree more

Title: Re: Cash App now closed.
Post by: Lara123 on 03 March 2025, 02:56:04 pm

To open a business account you need to be registered self employed or have a Ltd company. I have a business account and it is so much easier. Plus you can put much larger sums in by cash without the bank asking questions. You can get a sole trader account from HSBC or Barclays. I would avoid online banks as weirdly they seem to be more stringent and nosey. Or get a Throne wishlist and get them to send you the deposit there as you can accept gifts or cash gifts x

Title: Re: Cash App now closed.
Post by: Hazzard on 03 March 2025, 08:05:55 pm

Hey Lara yes I'm registering as sole trader. Was a Ltd company before and just the account for deposits. I would never give clients a Ltd company bank account details as a Google search will bring up who owns the company on Companies House. So that's a big No

Title: Re: Cash App now closed.
Post by: Caligirl on 03 March 2025, 09:07:37 pm

Quote from: Hazzard on 03 March 2025, 08:05:55 pm

Hey Lara yes I'm registering as sole trader. Was a Ltd company before and just the account for deposits. I would never give clients a Ltd company bank account details as a Google search will bring up who owns the company on Companies House. So that's a big No

This is why I don’t use my separate business card machine! Plus I’ve googled plenty of clients business names that have shown on WhatsApp or when they call sometimes a company name will show. And I’ve seen their home addresses online. Quite scary really