Cash App

Cash App is a mobile payment service developed by Square, Inc. that allows users to transfer money to one another using a mobile phone app. The service is available in the US and the UK. As of March 21, 2021, the service recorded 36 million active users.

Source: cash.app

CE 100 Index Loses 0.4% Despite Block and Nvidia’s Post-Earnings Rallies
CE 100 Index Loses 0.4% Despite Block and Nvidia’s Post-Earnings Rallies
February 26, 2024  |  Connected Economy

Significant stock rallies in the wake of earnings from companies including Block (Square’s parent company) and Nvidia were not enough to boost the CE 100...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. As noted in the company’s shareholder...

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Consumers Choose Pay-by-Bank Payments for Lower Fees
Consumers Choose Pay-by-Bank Payments for Lower Fees
February 21, 2024  |  Payment Methods

Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to...

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Whistleblowers Allege Inadequate Customer Due Diligence by Cash App
Whistleblowers Allege Inadequate Customer Due Diligence by Cash App
February 16, 2024  |  Security & Fraud

Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App. The whistleblowers claim that the mobile payment platform and the entities...

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Cash App Launches Offer of Up to 4.5% Interest on Savings
Cash App Launches Offer of Up to 4.5% Interest on Savings
February 15, 2024  |  Digital-First Banking

Cash App is now offering up to 4.5% interest on savings. “Earn up to 4.5% interest on your savings on Cash App through our partner bank...

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Nuvei Adds Cash App Pay to Platform for Online Checkouts
Nuvei Adds Cash App Pay to Platform for Online Checkouts
February 01, 2024  |  Partnerships

Businesses in the United States can now accept Cash App Pay in their online checkout through their existing integration with Nuvei. Nuvei and Cash App...

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Manhattan DA: Payment Apps Need Greater Anti-Theft Protection
Manhattan DA: Payment Apps Need Greater Anti-Theft Protection
January 25, 2024  |  Security & Fraud

If someone stole your phone, how quickly would they be able to steal your money? It’s a scenario that Manhattan District Attorney Alvin Bragg says...

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Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
November 20, 2023  |  Apple

Apple is reportedly facing a lawsuit filed by four users of Venmo and Cash App.  The lawsuit alleges that Apple has abused its market power in the...

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Block Wants to Win With AI, Merchant Verticals and Banking 
Block Wants to Win With AI, Merchant Verticals and Banking 
November 02, 2023  |  Earnings

The return of Jack Dorsey to Square has been good news for its parent, Block. As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2,...

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