Square’s Cash App supports U.S. users to receive new coronary pneumonia subsidies directly without a bank

Electronic payment service Square’s mobile payment service Cash App allows users to use the application’s account to directly receive the new coronary pneumonia subsidy granted by the US government to US citizens or permanent residents. Square announced that it will add a feature that allows users to enter the Cash App account number in the website created by the IRS to directly deposit the subsidy into the balance. According to the IRS website, the IRS currently provides another A paper cheque subsidy payment method is more cumbersome and requires a bank, which is not friendly to American citizens who do not have a bank account or need to save time. At the same time, each eligible U.S. citizen who filed less than US $ 75,000 in 2019 will receive a US $ 1,200 subsidy, and if he meets other conditions including married and a total income of less than US $ 150,000, he will receive a US $ 2,400 subsidy. Square CEO and Twitter CEO Jack Dorsey tweeted the message and said, “Even if you don’t file a tax return in 2019, you can still get $ 1200 through this method.”