Cash App is the easiest way to send money, spend money, save money, and buy cryptocurrency
Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic app with over 24 million monthly active users. They are bringing a better way to send, spend, invest, and save to anyone who has ever sought an alternative to the traditional banking system.
Block is killing off its Cash App P2P payments service in the UK as it "deprioritises global expansion".
Cash App says it will exit the British market on Sept. 15 as it focuses its expansion efforts within the U.S.
The tech giant is enabling users to pay by holding smartphones together, potentially cutting into the market for Zelle, PayPal and Venmo.