|Initial release||October 15, 2013|
|Operating system||Android, iOS|
|Available in||English, French|
Cash App (formerly known as Square Cash) is a mobile payment service developed by Square, Inc. that allows users to transfer money to one another using a mobile phone app. The service is available in the US and the UK. As of March 21, 2021,[update] the service recorded 36 million active users.
Square launched Square Cash in October 15, 2013.
In March 2015, Square introduced Square Cash for businesses, which includes the ability for individuals, organizations, and business owners to use a unique username to send and receive money, known as a $cashtag.
The service allows users to request and transfer money to another Cash account via its Cash App or email. Users can then choose to withdraw the money with its debit Visa card, called Cash Card, in ATMs or transfer it to any local bank account.
The Cash Card is a black, customizable card. Users are asked to sign their name on the mobile app. The signature will then be printed into the card and sent to the user.
In 2017, the capability to buy bitcoin was added to the app, and the ability to buy stocks (dollar amounts buying fractional shares) in 2020.
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