Here are some of the common reasons for transaction failed on the Cash App:
Invalid Cash App card: Like other bank debit or credit cards the Cash App card also has an expiry date that is mentioned on the card itself, so if a payment fails it means your cash card is expired and you are still using it.
Incorrect recipient and other required details: Sometimes in the hurry of sending money or making payment users enter the incorrect details of the recipient so the transfer failed occurs or the money is transferred to some unknown recipient.
Slow pace internet connection: Cash App is supported only with fast speed internet and wifi data so if there is an issue with the internet speed your device is connected to then it will not transfer money. The poor internet and wifi connection can cause so many errors in the working of the Cash app payment failed.
Insufficient funds in the account: Yes low balance in the account also causes a Cash app transfer to fail, for instance, if you are trying to send your friend $200 but in your account, the current balance is $120 so the money transfer will not be successful.