Cash App launches physical payment wand accessory using new 'Tags' form factor

Cash App launched a new product on June 5, 2026.

Primary

Cash App

Amount

$25

Date

June 5, 2026

Sub-sector

Card Issuing

Demonstrates Square/Block's investment in alternative payment form factors, but unlikely to materially impact sub-$250M fintech founders unless competing directly in consumer payments accessories.

Primary company

Cash App

Counterparty

Not disclosed

Amount

$25

Event date

June 5, 2026

Sub-sector

Card Issuing

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com