Cash App
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]
Contents
History
App development
When it initially launched, Cash App solely served as a P2P payment service.[6] In 2017, the Cash Card, which functions as a Visa debit card, was released by Cash App.[7] In the same year, Cash App also introduced a new service that allowed Bitcoin to be traded.[8] Cash App additionally developed the ability to trade stocks in late 2019.
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
- ↑ 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/
- ↑ Cash App. (n.d.). The easiest way to send, spend, bank, and invest. Cash App. Retrieved January 25, 2022, from https://cash.app
- ↑ 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/
- ↑ 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/
- ↑ 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
- ↑ 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/
- ↑ Salinas, S. (2017, November 16). Square cash users can now withdraw money from any ATM with their cash cards. CNBC. Retrieved January 24, 2022, from https://www.cnbc.com/2017/11/16/square-cash-atm-withdrawal-enabled-for-cash-app-users.html
- ↑ 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/
