According to the introduction from the platform belonging to Block Inc., users can create payment links right in the transaction tab. Instead of adding a direct recipient, users can choose to share links and send them via messages, emails or other chat platforms. When accessing the link, the amount to be paid will be displayed, helping the recipient complete the transaction faster.
Cash App said that payment links can be applied to many cases such as group money splitting or periodic payments. This feature was developed after the platform surveyed young users and found that multiple exchanges about payments are quite common.
Kristen Anderson - Head of Personal and Network Payment Products at Cash App believes that sending payment requests via link helps users be more flexible in communication. According to her, many people feel that sending payment requests directly via the application is sometimes inconvenient.
Recently, Cash App has continuously added new features to expand digital financial services. This platform has tested artificial intelligence chatbots to support financial advice and implement preferential programs related to loan limits.
