Difference between revisions of "Cash App"

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'''Cash App''',
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'''Cash App''', a subsidiary of Block, Inc. (formerly known as Square, Inc.), is a mobile app launched in 2013 as a peer-to-peer (P2P) payments service.<ref name="hiphop40">Hale, K. (2020, September 22). ''Hip-hop's role in Square's $40 billion Cash App business success''. Forbes. Retrieved January 24, 2022, from https://www.forbes.com/sites/korihale/2020/09/22/hip-hops-role-in-squares-40-billion-cash-app-business-success</ref>
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Since its inception, Cash App has expanded to provide banking and brokerage services (c27). The app, which is only available in the United States and the United Kingdom, can be downloaded for free through the Google Play Store and App Store on the Android and iOS mobile operating systems, respectively (c4,c47). With its power to simplify payments and personal finance, Cash App is an incredibly popular platform with millions of users at its disposal (c7,c27). Nevertheless, concerns regarding its use in illicit activity and the app’s data policy remain (c1,c26)
  
 
==History==
 
==History==

Revision as of 18:48, 11 February 2022

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Cash App, a subsidiary of Block, Inc. (formerly known as Square, Inc.), is a mobile app launched in 2013 as a peer-to-peer (P2P) payments service.[1]




Since its inception, Cash App has expanded to provide banking and brokerage services (c27). The app, which is only available in the United States and the United Kingdom, can be downloaded for free through the Google Play Store and App Store on the Android and iOS mobile operating systems, respectively (c4,c47). With its power to simplify payments and personal finance, Cash App is an incredibly popular platform with millions of users at its disposal (c7,c27). Nevertheless, concerns regarding its use in illicit activity and the app’s data policy remain (c1,c26)

History

App development

Growth and giveaways

App features

$Cashtag

P2P payments

Cash Card

Direct Deposit

Investing

Competitors

Venmo

PayPal

Zelle

Apple Cash

Ethical concerns

Criminal activity

Fake goods and services

Flipping fraud

COVID-19 relief fraud

Drug dealing

Third-party data sharing

See Also

References

  1. Hale, K. (2020, September 22). Hip-hop's role in Square's $40 billion Cash App business success. Forbes. Retrieved January 24, 2022, from https://www.forbes.com/sites/korihale/2020/09/22/hip-hops-role-in-squares-40-billion-cash-app-business-success