Latest news with #CameronWorboys
Finextra
29-07-2025
- Business
- Finextra
Cash App launches pools for group payments
Cash App today announced the launch of pools, a new peer-to-peer payment feature that enables group payments with just a few taps. From friends planning their next big vacation to coworkers chipping in for a colleague's wedding gift, 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Cash App pools make it easy to manage payments and track shared goals in one place. Pools supports contributions directly through Cash App as well as via Apple Pay and Google Pay. Pools are currently available to a select group of Cash App customers, with broader availability planned in the coming months to reach all Cash App customers and their communities. Organizing experiences and coordinating reimbursements as a group can be overwhelming, especially for the person tasked with planning the event. With pools, members can contribute within seconds so the group can focus on the experience and not on stressful payment logistics: Proactive payment collection: Our market research shows that 60% of U.S. adults participate in some form of group money pooling, with Cash App playing a role in about half of those cases*. Today, one person has typically needed to volunteer to make the payment up front. Pools were designed for groups to easily plan, collect, and track contributions before the event occurs so that nobody has to front the entire cost. Integrations with Apple Pay and Google Pay: If members of the group use different payment solutions, the organizer has historically needed to download multiple apps to collect the money from each person resulting in confusion, time wasted, and risk for all participants. Now, the organizer can create a shareable link for group members to contribute to a pool in seconds using Apple Pay or Google Pay. Easy progress tracking: The organizer can name, set a goal amount, and invite members to join the pool and track the group's contributions, removing unnecessary logistics and guesswork. End-to-end payment flows: Each pool seamlessly connects to the Cash App's suite of banking and peer-to-peer payment tools, so the organizer can instantly use that money toward the group's goal. 'Cash App has always made sending money between friends and family feel effortless, and we know that many of our customers already use the platform as a way to collect payments from groups,' said Cameron Worboys, Head of Product Design at Cash App. 'With pools, our customers now have a dedicated, easy-to-use solution for group payments: they can start a pool to collect the money in seconds, and then instantly transfer the funds to their Cash App balance when it's time to pay.' Starting a pool in Cash App Organizers can start a pool through the Cash App payment tab. From there, organizers can create and name a pool, set a target amount, and invite contributors. Members can be invited in-app via their $cashtag, or the organizer can text or share a link to request a contribution using Apple Pay or Google Pay. The organizer can close the pool at any time and then transfer the money to their Cash balance. Money made simple and social The launch of pools marks the start of an exciting new chapter for Cash App focused on making money management between groups even more social, accessible, and intuitive, in turn deepening engagement and growing Cash App's network of more than 57 million monthly actives. In the coming months, Cash App will introduce more features and services that make it easy for groups to share, save, and spend money through the platform. 'For younger customers in particular, managing money is often an inherently social experience that requires extensive discussion, planning, and collaboration between groups. Combining the scale of Cash App's network with our robust suite of banking and commerce tools, we're excited to introduce new solutions tailored to the next generation and their financial lives,' added Worboys.
CNET
29-07-2025
- Business
- CNET
You Can Now Use Apple Pay and Google Pay on Cash App
Cash App/CNET You are your pals can now use Apple Pay and Google Pay to chip in on group payments through Cash App. The popular digital payment app announced its launching a peer-to-peer group payment feature called Pools that lets you set up and track group payments, including those from Apple Pay and Google Pay. "With Pools, our customers now have a dedicated, easy-to-use solution for group payments," Cameron Worboys, head of product design at Cash App, said in a statement. "They can start a pool to collect the money in seconds, and then instantly transfer the funds to their Cash App balance when it's time to pay." Cash App's group payment feature isn't unique to payment apps -- Venmo has its Groups and PayPal has its own Pool. But neither will let you and your pals use Google Pay or Apple Pay directly to contribute. With Cash App's group payment feature, you can can set up a pool with a target amount through the payment tab, then invite members to join and track payments (so now you can prove that Jeremy did not, in fact, contribute to the group gift). When members make a payment, you can transfer the money to your Cash balance. The company said the feature is currently available to a limited number of current Cash App customers and that it would be rolled out broadly in the coming months.
UPI
29-07-2025
- Business
- UPI
Cash App launches group payment system allowing Apple Pay, Google Pay
July 29 (UPI) -- Cash App on Tuesday announced a new group payment system that will also allow users to use Apple Pay and Google Pay to contribute for the first time. The group payment system is only available to certain users currently, but it will roll out to more users in the upcoming months. "If members of the group use different payment solutions, the organizer has historically needed to download multiple apps to collect the money from each person resulting in confusion, time wasted, and risk for all participants. Now, the organizer can create a shareable link for group members to contribute to a pool in seconds using Apple Pay or Google Pay," Cash App said in a press release. The company said it designed the pool for easier payment by separating the payment instead of one person taking the total entire fee. "Pools were designed for groups to easily plan, collect, and track contributions before the event occurs so that nobody has to front the entire cost." The app works by allowing an organizer to set a goal amount and invite members to join the pool and track the group's contributions. "Cash App has always made sending money between friends and family feel effortless, and we know that many of our customers already use the platform as a way to collect payments from groups," said Cameron Worboys, Head of Product Design at Cash App. "With pools, our customers now have a dedicated, easy-to-use solution for group payments: they can start a pool to collect the money in seconds, and then instantly transfer the funds to their Cash App balance when it's time to pay." Cash App also announced it will introduce more features in the upcoming future.
The Verge
29-07-2025
- Business
- The Verge
Cash App now lets you pool money with friends who don't use the app
Cash App is introducing a new peer-to-peer feature that allows you to pool money together for group payments, even with people who aren't Cash App users. When a pool is created, the organizer can request contributions with in-app '$Cashtag' invitations, or via texts and shareable links for group members who use Apple Pay and Google Pay. 'We know that many of our customers already use the platform as a way to collect payments from groups,' Cash App product design head Cameron Worboys said in the press release. 'With pools, our customers now have a dedicated, easy-to-use solution for group payments: they can start a pool to collect the money in seconds, and then instantly transfer the funds to their Cash App balance when it's time to pay.' Cash App says it's launching the pools feature today for a 'select group' of customers, and that the feature will roll out broadly 'in the coming months.' Cash App pools can be created through the app's payments tab, and can be closed at any time to transfer the money to the organizer's Cash App balance. Pool organizers can set a funding target to help keep track of how much needs to be paid, and who has contributed towards group purchases, such as meals, vacation bookings, or event tickets. It's similar to the money-pooling capabilities that PayPal launched in November last year, though PayPal's offering notably allows users to make pool contributions directly from their bank accounts. Settle Up and Venmo have also created features that aim to make tracking and pooling group expenses more convenient. Posts from this author will be added to your daily email digest and your homepage feed. See All by Jess Weatherbed Posts from this topic will be added to your daily email digest and your homepage feed. See All Apps Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech
