As BNPL Goes Mainstream, Cash App and Afterpay Brings Pay-Over-Time to Every Purchase, Where Visa is Accepted
As America's workforce shifts toward variable income, Cash App and Afterpay complete their most ambitious product integration yet – expanding pay-over-time flexibility to the modern earner
Cash App today announced the general availability of Afterpay on Cash App Card, bringing Buy Now, Pay Later to eligible Cash App Card customers.1 The launch marks the full commercial realization of a product built for a new kind of American earner: one whose income doesn't arrive on a fixed schedule, whose financial needs extend well beyond a merchant's checkout, and who has long been underserved by a traditional financial system that wasn't designed with them in mind.
Gig workers, creators, hourly employees, and independent contractors increasingly manage variable income across multiple streams and they need payment flexibility that moves with them. Afterpay on Cash App Card is built for that reality: pay-over-time for everyday spend categories like groceries, gas, restaurants, and utilities, built into the app millions of people already use to manage their money.
"Millions of people already trust Cash App Card for their everyday spending. What Afterpay on Cash App Card does is take that existing trust and extend it, giving eligible customers the flexibility to pay over time for any purchase, not just the ones a merchant has opted into. That's what the combination of these two platforms makes possible: Afterpay's best-in-class BNPL product, distributed through a financial ecosystem that tens of millions of people already rely on, for the everyday spend categories that actually matter to their lives," said Owen Jennings, Executive Officer and Head of Business, Block.
The product pairs Cash App's real-time data underwriting, which evaluates cash flow patterns and financial behaviors rather than backward-looking credit scores, with Afterpay's pay-over-time expertise and transparent fee structure: a flat 7.5% finance fee, six-week repayment terms,1 no revolving debt, no down payment, and no impact to a customer's credit score. The result is a product that expands access to short-term credit for customers who have historically been excluded from it.
Early customer data makes clear that Afterpay on Cash App Card can be a regular cash flow tool, not simply a one-off purchase. More than three in five customers who have made an Afterpay on Cash App Card transaction have used it at least five times.2
The general availability of Afterpay on Cash App Card is the clearest proof point yet of what the convergence of Afterpay and Cash App makes possible. Building on the pilot launch, today's rollout extends Afterpay on Cash App Card to all eligible Cash App Card customers across Cash App's 59 million monthly transacting actives.3
Recent innovations from Cash App and Afterpay shared ecosystem includes expanding its Pay Monthly option — offering longer-term installment options on larger purchases — to merchant checkout for Cash App customers, and introducing the ability for customers to retroactively convert eligible peer-to-peer payments and Cash App Pay transactions into flexible installments. Together with Afterpay on Cash App Card, these capabilities form a comprehensive suite of flexible payment products built to meet customers however and wherever they choose to spend.
About Cash App
Cash App is the money app. Banking* on Cash App is easy: customers can receive paychecks early with direct deposit, spend money where Visa is accepted with a personalized Cash App Card, and grow their money with a separate savings balance - all without hidden fees. Customers can also create a unique $Cashtag to share with anyone to get paid fast, make purchases with Cash App Pay, trade stocks and buy and sell bitcoin**. With Afterpay***, customers can also pay over time in a way that best fits their financial needs through participating merchants or directly in the app. Download Cash App for free at cash.app/download.
*Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Cash App Visa® Debit Flex Cards issued by Sutton Bank, Member FDIC, and The Bancorp Bank, N.A., pursuant to a license from Visa U.S.A. Inc. See terms and conditions for the Sutton prepaid card, Sutton debit flex card, and Bancorp debit flex card. See cash.app for more details.
**Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC, subsidiary of Block, Inc. Stablecoin, Bitcoin Map, and Lightning Network are not available to New York residents. Bitcoin services provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Investing and bitcoin are non-deposit, non-bank products that are not FDIC insured and involve risk, including monetary loss. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.
***Afterpay is offered and managed through your Cash App account - no Afterpay account needed. Eligibility is based on several factors and is not guaranteed. Afterpay is not available in all states. Afterpay loans issued by First Electronic Bank, serviced by Square Capital, Inc. View state licenses.
1 Afterpay is offered and managed through your Cash App account - no Afterpay account needed. Afterpay loans offered and originated by First Electronic Bank, Member FDIC. Eligibility for Afterpay on Cash App Card is based on various factors and is not guaranteed. Afterpay on Cash App Card is not available in all states and some rates and terms may differ by state. Overdraft Coverage and Rounds Ups are not supported by Afterpay on Cash App Card. A Cash App customer identifies a Cash App Card purchase of $240 and opts to finance the purchase for a term of 42 days, with a finance charge of $18, and 6 weekly payments. The loan has a setup fee of 7.5% for a fixed APR of 65.15%. In this example, the customer will borrow $240 and owe 6 weekly payments of $43, for a total repayment of $258. Loan amounts range from $1 to $1000 and loan terms are 42 days.
2 Block internal data analyzed between February to May 2026 of new Afterpay on Cash App Card users
3 Block, Inc Q1 2026 results
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