Cash App launches ‘pay later’ feature for P2P transfers
Block says that the new feature has strong built-in protections to keep users from so-called debt spirals.
Block says that the new feature has strong built-in protections to keep users from so-called debt spirals.
The company is expanding its youth-focused services in an effort to build a relationship with Gen Alpha and the upcoming generation of adolescents in the U.S.
Digital wallet app Cash App is launching a new gadget on Thursday, seemingly inspired by the social media trend that involves paying for items in the real world with a tap of a homemade magic wand, which hides a tap-and-pay credit card.
State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection.