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

Block’s XYZ Cash App is a consumer-focused digital wallet enabling peer-to-peer payments, spending and investing. The ...

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 ...

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 ...

Cash App, owned by Block, has launched a deferred payment feature that allows eligible users to spread the cost of ...

Cash App has introduced a new capability that lets customers transform their peer-to-peer money transfers into structured installment plans.