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Previously, the app required users to be at least 18 years old, like rival Venmo. The company says younger teens will need to get a parent or guardian to authorize their account, but can then begin to send peer-to-peer payments and take delivery of a customized Cash Card, powered by Visa.
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The expansion comes at a time when Cash App has become one of the fastest-growing digital payments apps in the U.S. Today, it counts 70 million annual transacting customers and, recently, introduced tighter integrations with parent company Square, Inc. via the September launch of Cash App Pay, a Cash App-based checkout experience for Square merchants.
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