2026-04-02 15:33:35

JUST IN: Cash App, Block's payments platform, launched a new feature that allows users to finance peer-to-peer transfers with a fixed fee and weekly payments for up to six weeks.

The move extends the "buy now, pay later" trend into everyday payments, just as the sector faces growing criticism for its potential impact on consumer debt.
Cash App will allow eligible users to defer P2P transfers of at least $25 USD with a 7.5% fee.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.