Episode Details
Back to EpisodesCash App's New Pay-Over-Time Option: A Cash Flow Tool
Description
Cash App introduces a new pay-over-time option for transfers, allowing eligible users to spread out payments instead of paying upfront. With a 7.5% fee, users can repay in weekly chunks over six weeks or all at once. The feature is designed for gig workers and young entrepreneurs, offering a cash flow tool tailored for todays economy. Cash App has built-in safeguards to prevent debt traps, making it a flexible option for managing variable incomes.
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