Block’s Cash App Users Can Now Pay Online beyond Square Network
For now, Cash App Pay is available only in the United States. Retailers like Romwe, Savage x Fenty, SHEIN, thredUP, and Wish are expected to join in the coming months.
One of the major online payments providers has integrated a new option allowing customers to keep cash in their accounts.
For now, Cash App Pay is available only in the United States. Retailers like Romwe, Savage x Fenty, SHEIN, thredUP, and Wish are expected to join in the coming months.
Following the news, Square stock went up. It closed at $183.50 per share on Thursday, or 1.84% up, and is further rising in the pre-market today.
Although the company’s losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher. The good thing is as businesses shift towards online presence, Square has seen some big merchants joining its platform during the pandemic period. SQ stock is down now.
Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. The startup’s employees began testing the new feature in recent weeks.
Square has just published its quarterly report for the second quarter of 2019. The report shows that the company generated $125 million in Bitcoin sales through its Cash App.
The popularity of the Bitcoin-friendly Square Cash App is growing. Now it has managed to outperform its rival, Paypal’s Venmo.
Square App is expanding its geography. Now users from all the 50 U.S. states can use the app for trading operations with Bitcoin.
Square, digital payments company, continues buying and selling Bitcoin. Experts believe that one day the firm could launch a cryptocurrency exchange.
Square’s Cash App will incorporate Bitcoin trading facility at zero commission charges.
One of the major online payments providers has integrated a new option allowing customers to keep cash in their accounts.