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Square is a point-of-sale system for merchants with physical or online stores. [1] [2] Launched in 2009 by Block, Inc., [3] it enables sellers to accept card payments and manage business operations. As of 2023, Square is the U.S. market leader in point-of-sale systems, [4] [5] [6] serving 4 million sellers and processing $210bn annually. [7] [8]
Cash App (formerly Square Cash) is a digital wallet for American consumers. [1] Launched by Block, Inc. in 2013, it allows users to send, receive or save money, access a debit card, invest in stocks or bitcoin , [ 2 ] apply for personal loans, [ 3 ] and file taxes. [ 4 ]
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Block, Inc. (formerly Square, Inc. [10]) is an American technology company that provides financial services to consumers and merchants. [ 11 ] [ 12 ] [ 13 ] Founded in 2009 by Jack Dorsey , it is the U.S. market leader in point-of-sale systems.
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