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Square Is Reportedly Testing Short-Term Loans Via Cash App
Summary: Square is testing a new feature on its Cash App that will allow users to borrow up to $200 in short-term loans.Cash App, the company's peer-to-peer payments service, allows users to transfer money to other users using a mobile App.According to a TechCrunch report, the company is only testing the feature with about 1000 users ...
Square is testing a new feature on its Cash App that will allow users to borrow up to $200 in short-term loans.
Cash App, the company's peer-to-peer payments service, allows users to transfer money to other users using a mobile App.
According to a TechCrunch report, the company is only testing the feature with about 1000 users right now, but plans to make the feature more widely available. The app is offering loans to users for amounts between $20 and $200.
Tracy Chen
