Square’s Cash App opens doors for users to receive U.S. coronavirus stimulus funds in their accounts.

The IRS announced Friday that it was launching a tool for eligible U.S. citizens and residents who don’t usually file a tax return to obtain access to government coronavirus-related stimulus funds. Hours after that decision, Square announced that it was adding a feature to allow users to direct those stimulus payments to their Cash App…

Square’s Cash app details on how to use its direct deposit feature to access stimulus funds.

The Square payments platform now encourages users to deposit their COVID-19 stimulus payments through its Cash app for faster and easier access to funds, in case someone doesn’t have access to a traditional bank account. The app has started showing users a popup that explains how to go about depositing payment without having to wait…

Apps like Venmo, Cash, and PayPal are free, but here’s who they are telling your business!

Millions of people have turned to mobile payments on their phones as a way of splitting pizzas, rents and the like, instead of having to pull out cash and pay the old-fashioned way.  Especially during this COVID-19 crisis, many are ditching the use of paper money, which can gather germs, and choosing to pay electronically. Peer-to-peer mobile…