---
title: "Cash App now lets you send money to friends and pay later"
description: "The new \"pay over time\" feature lets users split P2P transfers into installments for a 7.5% fee."
url: https://kurddevelopers.com/en/news/cash-app-pay-later-p2p-transfers
language: en # English
type: news
published: 2026-04-02T12:00:00.000Z
updated: 2026-11-02T03:03:35.000Z
author: "Osamah Ismail"
author_url: https://kurddevelopers.com/en/author/1
section: "Fintech"
tags: ["Cash App","Block","fintech","BNPL"]
sources: ["TechCrunch","Cash App"]
image: https://kurddevelopers.com/uploads/2026/11/retro-p2p-press-release-444-x-324-29b7a210.png
translations:
  ku: https://kurddevelopers.com/news/cash-app-pay-later-p2p-transfers
  ar: https://kurddevelopers.com/ar/news/cash-app-pay-later-p2p-transfers
publisher: Kurd Developers
publisher_url: https://kurddevelopers.com/
---

# Cash App now lets you send money to friends and pay later

> The new "pay over time" feature lets users split P2P transfers into installments for a 7.5% fee.

![Image: Block](https://kurddevelopers.com/uploads/2026/11/retro-p2p-press-release-444-x-324-29b7a210.png)

## What's new
Block's **Cash App** launched a feature that lets you send money to someone now and pay it back in installments.

## How it works
- For transfers of **$25 or more**.
- **Fee: 7.5%.** Borrow $100 and you repay $107.50.
- Repay weekly over up to **six weeks**, or in one payment on the due date.
- Limits are dynamic and each transaction is evaluated for eligibility.

## What Block says
Block's Owen Jennings said all of its lending products are "non-revolving," meaning the debt does not roll over like a credit card.

Prices are in US dollars; prices in Kurdistan may differ.

**Sources:** TechCrunch, Cash App

---

Published by [Kurd Developers](https://kurddevelopers.com/) on 2026-04-02. Cite as: “Cash App now lets you send money to friends and pay later”, Kurd Developers, https://kurddevelopers.com/en/news/cash-app-pay-later-p2p-transfers