Cash App launches 'buy now, pay later' feature for P2P pay transfers | TechCrunch

This page reports that Cash App, the peer-to-peer fintech app owned by Block (Jack Dorsey's company), has launched a new "pay-over-time" deferred payment feature for eligible users. Users can pay for everyday transfers over an extended period by paying a 7.5% fee—meaning a $100 transfer would cost $107.50. Transfers of $25 or more qualify for the feature, with repayment options including weekly installments over up to six weeks or a single payment at the due date. The feature expands the growing trend of deferred payment options into the P2P payment space, following similar offerings from companies like DoorDash and Klarna.