Square is rolling out its first debit card — Recode — “The prepaid card isn’t linked to your bank account, but instead to the Square Cash app. That means you can only use it to spend money that you are holding in your Square Cash account.”
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
This article is more than six years old
One comment on this article
Comments are closed.
The barriers to entry into this space have fallen dramatically. Square offers debit cards and Orange is a “bank.”