Key facts
- Cash App is introducing a new NFC-enabled payment wand.
- The wand allows users to complete tap-to-pay transactions.
- Users do not need a traditional card or phone to make payments with the wand.
Cash App is launching a novel payment method: a wand that utilizes NFC technology for tap-to-pay transactions. This device enables users to make payments without the need for a physical card or a smartphone. The design, described as fairy-like, is intended to bring a sense of personalization and playfulness to everyday financial interactions, according to its designer.