If you have been reading the news, you might be aware that Square’s Cash App has been one of the most discussed P2P apps. Cash App has over 10 million downloads on Google’s Play Store with a rating of 4.1, while the rating on Apple’s App Store is even higher at 4.5. We couldn’t help but wonder why the rating was so high. Cash App enables users to send & receive money instantly, provides free custom debit cards, discounts, instant deposits, and allows customers to buy, sell, deposit & withdraw bitcoin, and trade stocks. It could be considered as a one-stop app for a user’s financial requirements. The origin of the app is fascinating as well—the project was born out of Square’s hackathon in early 2013 and was officially launched later in October 2013. |