### Cash App Unveils Innovative Pool Feature for Group Payments
One of the most favored applications of Cash App is obtaining payments from groups of friends, whether for urgent necessities like settling a restaurant bill or future needs, such as gathering funds for a communal gift. Recently, the company revealed a new feature that permits users to invite friends to participate in a monetary pool, even if they don’t have the app installed.
#### Introducing Cash App Pools
Cash App has formally recognized a familiar use case with its new Cash App pool functionality. This fresh peer-to-peer payment alternative facilitates group payments with just a few clicks. Whether friends are organizing a getaway or coworkers are contributing towards a colleague’s wedding present, Cash App pools make it easier to manage payments and monitor shared objectives all in one location.
#### No App Necessary for Contributors
A major benefit of the Cash App pools feature is that it’s not required for everyone in the group to install the app. If someone isn’t a Cash App user, the organizer can send them a payment request via Apple Pay or Google Pay. The recipient just needs to click the link to make the payment, sidestepping the need to download the app.
Previously, if group participants utilized various payment platforms, the organizer needed to install multiple apps to gather funds from each individual, resulting in confusion and time loss. Now, with Cash App pools, the organizer can produce a shareable link for group members to contribute to a pool in moments using Apple Pay or Google Pay.
#### User Experience and Advantages
Cameron Worboys, Head of Product Design at Cash App, highlighted the user-friendliness: “Cash App has consistently made sending money between friends and family feel seamless, and we recognize that many of our users already employ the platform as a means to collect payments from groups. With pools, our users now possess a specialized, straightforward solution for group payments: they can initiate a pool to gather funds in seconds and then quickly transfer the money to their Cash App balance when it’s time to settle up.”
#### Rollout and Market Competition
The introduction of the Cash App pools feature will occur gradually over the next several months. A select group of Cash App users will be the first to access the feature, with additional users to come later. This new offering emerges as PayPal introduced a comparable option late last year, reflecting a growing trend in peer-to-peer payment services.
In conclusion, the Cash App pools feature improves the user experience by simplifying group payments and permitting contributions from non-Cash App users, establishing it as an essential tool for social and collaborative financial exchanges.
