Cash App Launches Pools for Group Payments

Cash App, operated by Block Inc., has introduced 'Pools,' a feature that enables users to collect and manage group payments for shared expenses like vacations, restaurant bills, and gifts. Contributors can join without a Cash App account by using Apple Pay or Google Pay through a shareable link, expanding accessibility. Organizers can set funding goals, track contributions, and transfer pooled funds to their Cash App balance at any time. The feature is currently available to a select group of users, with a wider rollout planned soon. Cash App aims to boost usage and deepen user engagement following a period of slower growth, competing with similar offerings from PayPal and Venmo. The platform now reports over 57 million monthly active users and plans further group-focused features.