Cash App launches 'pay later' feature for P2P transfers
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To take advantage of the new feature, users pay a 7.5% fee — meaning that, if you borrow $100 from Cash App, you’re going to end up paying the company back $107.50. Transfers of $25 or more are eligible, the company says, and repayments can be made in weekly increments over a period of up to six weeks or as a single payment at the due date.TechCrunch