Cash App has launched its inaugural 'Fall Release,' introducing several new features aimed at enhancing user experience. The update includes a revamped Green Perks program, a $500 Borrow option, and an AI assistant named Moneybot. The Green Perks program now allows users to qualify by spending $500 monthly or depositing $300, eliminating the previous direct deposit requirement.
The Borrow feature, now available in 48 states, offers up to $500 without hard credit checks, catering to users with irregular income. Additionally, Moneybot, the AI assistant, provides personalized financial insights. The release also enhances Bitcoin payments through the Lightning Network and introduces new tools for teen banking and safety.
Cash App Unveils Fall Release with New Features and AI Assistant
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