Today we're introducing @CashApp Tags — a new payment form factor that's changing the shape of money. NFC-enabled physical payment accessories that let customers pay without a phone or card.
The first model is a limited run of the Cash App Wand. Available today for Cash App Card holders to tap at the checkout.
Why:
> 1 in 5 American teens already have the Cash App Card — the most popular debit card in the US among this audience
> 38% of Gen Z purchase collectibles or limited edition items at least monthly
> Tags turn payments into a visible, social, wearable form factor
> Multiple styles coming for future availability
Tap in for more details: https://t.co/ydG2g3lYrp
A new set of Square releases drops next week ⚡️
A few highlights:
→ Allergy and dietary preferences by seat — staff can flag allergens and diet notes per guest on tickets and the Kitchen Display System
→ Bitcoin tap-to-pay on Square Register — customers tap their phone on the display to pay with Bitcoin at checkout
→ Square Savings now offers up to 3.50% APY, with balances of $10,000 or more automatically qualifying for the higher rate
See everything in the full release notes: https://t.co/c50SigzNzG
📀 Today @Tidal launches Direct-to-Fan Sales for independent artists in the US, powered by @Square.
Artists can:
> sell tracks or albums directly to their fans using Tidal Upload.
> set pricing for their work, and receive fast, secure payments directly into their Square account.
> keep 90% of each sale before payment processing fees and applicable taxes.
No paid subscription is required for artists to start selling. Fans can purchase and download tracks even without a paid Tidal subscription.
Square handles onboarding, identity verification, payout processing, and sales tracking. Tidal handles the music and reach. More markets are coming soon.
More details here: https://t.co/Jl0jf0MADh
Baker St Cafe has grown from newcomer to neighborhood staple in just 2 years, serving up authentic Thai flavors in its small-town Oregon community.
Here’s how they’re using Square’s unified commerce platform to fuel their status as a local favorite:
> Square Register + Square for Restaurants for service
> Square Kiosk for self-ordering
> Square Marketing with 28+ automated campaigns
> Neighborhoods on Cash App for local discovery
Read more on how they’ve become a McMinnville, OR mainstay: https://t.co/HnmZ9S9z7h
Afterpay on Cash App Card is live 🚀
When we started Afterpay the bet was simple: pay-over-time should be transparent and available to everyone - not hidden in fine print.
Today that's built into the Cash App Card.
3 in 5 pilot customers came back at least 5x. This is what the combination of Afterpay and Cash App was always meant to unlock.
Cash App Investing has selected Apex Ascend as its strategic clearing platform for investors.
The integration brings real-time processing, scalable architecture, and API-first infrastructure to support Cash App Investing's continued growth in democratizing investing for everyday Americans.
More here: https://t.co/JET4SMQbXb
Square has announced Expansion Capital, powered by Homegrown, to offer eligible multi-location sellers a new financing option to expand to new locations.
Sellers ready to open their next location now have a financing path with payments flexible based revenue:
> Up to $1M
> No personal guarantees
> No equity dilution
> Revenue-based repayment (1–6%)
Learn more: https://t.co/6Arhaz344K
ICYMI: @owenbjennings on where we're at, where we're headed, and the operational shifts accelerating @blocks
Intelligence, lending, neighborhoods, hardware, and more covered in 60 minutes.
On The Block #4 with @emcross23: https://t.co/7EEWyprauC
We just shipped stablecoins on @CashApp.
Everything runs from your existing USD balance - no separate wallet, no managing multiple chains, no extra setup, and importantly no fees.
Send and receive USDC on SOL, ETH, POL, and ARB.
The most seamless integration in the world imo.
Magnolia Soap & Bath Co. has selected Square to scale its 50+ franchise locations across 17 states.
Square for Retail and Square for Franchises will manage:
> Real-time KPI reporting across all locations
> Centralized inventory visibility
> Branded micro-sites with online ordering, local delivery (DoorDash), and event bookings
> In-store POS via Square Kiosk
More here: https://t.co/Xk5my7o5n0
🗓️On The Block #4: May 27th · 2pm PT/ 5pm ET
@emcross23, Head of IR, in conversation with our Business Lead @owenbjennings.
Join us live. No registration needed: https://t.co/lDjJBDzgs5
Share your questions ahead of time in the comments 👇
This week's Square releases give every part of your operation — kitchen, counter, and online — more control with less setup.
→ Drive-Thru is here — built for lane operations, with automatic order numbering and digital menu board integration
→ Cycle counts built in bulk, not one item at a time
→ Allergen and seat-level notes follow every ticket to the kitchen
→ Ticket numbers that start fresh every morning
→ One screen to run your entire online ordering operation
See everything in this week's release notes: https://t.co/4mLvZWoRL1
This week @jack joined @jpmorgan's TMC Conference for a thoughtful conversation on what's next for @Blocks.
Listen back to the conversation to learn what signals are driving company growth: https://t.co/4bWStpkDGz