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>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> Since its inception, Cash App has expanded to provide banking and brokerage services. <ref>Cash App. (n.d.). ''The easiest way to send, spend, bank, and invest''. Cash App. Retrieved January 25, 2022, from https://cash.app</ref> The app can be downloaded for free through the Google Play Store and App Store on the Android and iOS mobile operating systems, respectively.<ref>Graham, J. (2020, March 26). ''PayPal, Venmo, Apple Pay, Google and Facebook: Rating the Mobile Payment Apps''. USA Today. Retrieved January 24, 2022, from https://www.usatoday.com/story/tech/2020/03/25/rating-paypal-venmo-apple-cash-facebook-google-zelle/5005537002/</ref> Though the app remains an incredibly popular platform to simply finances, concerns regarding its use in illicit activity and the app’s data policy remain.<ref>Graham, J. (2020, March 29). ''Apps like Venmo, cash and PayPal are free, but here's who they are telling your business''. USA Today. Retrieved January 24, 2022, from https://www.usatoday.com/story/tech/2020/03/25/how-private-is-your-paypal-venmo-cash-app-mobile-pay-data/5002726002/</ref><ref>Zamost, S., Tausche, K., & Hernandez, K. (2020, November 18). ''Criminals launder coronavirus relief money, exploit victims through popular apps''. CNBC. Retrieved January 25, 2022, from https://www.cnbc.com/2020/11/18/criminals-launder-coronavirus-relief-money-exploit-victims-through-popular-apps.html</ref>
  
 
==History==
 
==History==

Revision as of 20:08, 28 January 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. [2] The app can be downloaded for free through the Google Play Store and App Store on the Android and iOS mobile operating systems, respectively.[3] Though the app remains an incredibly popular platform to simply finances, concerns regarding its use in illicit activity and the app’s data policy remain.[4][5]

History

App development

Growth and giveaways

App features

$Cashtag

P2P payments

Cash Card

Direct Deposit

Investing

Competitors

PayPal

Venmo

Zelle

Robinhood

Ethical concerns

Fraud

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/
  2. Cash App. (n.d.). The easiest way to send, spend, bank, and invest. Cash App. Retrieved January 25, 2022, from https://cash.app
  3. Graham, J. (2020, March 26). PayPal, Venmo, Apple Pay, Google and Facebook: Rating the Mobile Payment Apps. USA Today. Retrieved January 24, 2022, from https://www.usatoday.com/story/tech/2020/03/25/rating-paypal-venmo-apple-cash-facebook-google-zelle/5005537002/
  4. Graham, J. (2020, March 29). Apps like Venmo, cash and PayPal are free, but here's who they are telling your business. USA Today. Retrieved January 24, 2022, from https://www.usatoday.com/story/tech/2020/03/25/how-private-is-your-paypal-venmo-cash-app-mobile-pay-data/5002726002/
  5. Zamost, S., Tausche, K., & Hernandez, K. (2020, November 18). Criminals launder coronavirus relief money, exploit victims through popular apps. CNBC. Retrieved January 25, 2022, from https://www.cnbc.com/2020/11/18/criminals-launder-coronavirus-relief-money-exploit-victims-through-popular-apps.html