Cash app Launched On Tuesday, a new peer-to-peer payment facility called “pool” allows users to pool with friends or family members, such as grocery bills, restaurants check, holidays and group gifts to pay for expenses. Initially available to select users, it will expand more widely in the coming months.
Users can create a pool through their $ cacotags and make a pool through the payment tab by setting the target amount and inviting the contributors or texting a link to non-user to pay a link to pay or pay through Google Pay.
The organizer can close the pool at any time and transfer money to its cash balance.
The ability to contribute to non-users through Apple Pay and Google Pay is particularly important, as it encourages participation from those who are not on the app. After reporting the forum requires development that consumers reduced the use of the app, which leads to A. First-fourth gross advantage This was reduced by its estimates.
This step comes when wants to compete with the cash app Venmo And PapailWhich offer both money-cooling capabilities.