Cash App lets users convert P2P transfers into weekly installment plans

Reuters04-02

Cash App rolled out pay-over-time for peer-to-peer transfers, enabling eligible users to convert recent sends into short-term installment plans.
Feature refunds transfer amount back to customer balance for an upfront fee, then collects repayment in weekly installments.
Program targets P2P sends of $25 or more made within last 30 days, subject to customer eligibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Block Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604020900BIZWIRE_USPR_____20260402_BW631263) on April 02, 2026, and is solely responsible for the information contained therein.

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