Block says that the new feature has strong built-in protections to keep users from so-called debt spirals.

Cash App users can now send money to friends using installment plans.

The digital wallet Cash App is expanding beyond Bitcoin. The payments and banking platform will soon let users send and receive stablecoins, Miles Suter, Bitcoin product lead at the fintech Block, ...

Block ’s XYZ Cash App, a popular digital wallet, announced an innovative feature that lets customers convert peer-to-peer ...

It’s a big update day for users of Cash App, the money-movement service from Block Inc., as a new artificial-intelligence tool, a borrowing service, and cryptocurrency options are added. Announced ...

The new capability allows Cash App users to translate “recent” P2P transfers into short-term installment loans, Block says. The sum of the payment is immediately credited to the user’s account, and ...

Cash App announced today a first-of-its-kind feature that allows customers to convert peer-to-peer (P2P) money transfers into installment plans, becoming the first major U.S. finance app to bring ...

We know how it goes. Someone in the group chat wants to attend a popular music festival or take an overseas trip. Everyone else offers a thumbs up, emoji, accompanied with the obligatory “we outside,” ...