Cash App unveiled a small wand that attaches to a keychain and works like a tap‑and‑pay card. The accessory uses NFC to transmit payment data when the user taps it on a terminal, mirroring the way Apple Pay and other mobile wallets operate. It ships for $29 and works with any Visa or Mastercard linked to a Cash App balance.
The move gives Cash App a physical token for a service that is otherwise app‑only. It may appeal to users who find smartphones bulky at checkout or who dislike using their phone for payments. By offering a low‑cost hardware option, Cash App nudges customers toward its ecosystem without needing a dedicated card.
The wand is unlikely to dethrone Apple Pay, but it shows fintechs still see value in tangible payment tools. If adoption is modest, the accessory could become a novelty—another gadget that makes sense on paper but not in everyday wallets.