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Cash App Unveils $25 Magic Wand for Tap-and-Pay

Gen Z's new way to pay: a magic wand?

TL;DR

Cash App introduces a $25 NFC-powered 'magic wand' for contactless payments. The wand, linked to the Cash App Card via Visa’s tap-to-pay platform, lets users pay without their phones and comes with instant spend notifications.

Cash App is launching a $25 magic wand gadget on Thursday that turns payment into a whimsical experience. Inspired by homemade magic wands hiding tap-and-pay credit cards, the wand allows for contactless payments at Visa-compatible outlets. The device syncs with Cash App via NFC and offers instant spend notifications, along with remote locking and deactivation features. Gen Z users can attach it to bags or clothes thanks to a keychain ring. This summer, limited-edition drops will be available, setting the stage for more form factors in the future.

Cash App Unveils $25 Magic Wand for Tap-and-Pay — TechCrunch

Key Points

1

Cash App's new NFC-powered 'magic wand' costs $25 and links to the Cash App Card via Visa’s tap-to-pay platform.

2

The gadget offers instant spend notifications, remote locking/unlocking from the app, and deactivation if lost.

3

Limited-edition drops of the magic wand will be available this summer, with more form factors planned for future releases.

4

Cash App is targeting Gen Z users with its new payment device, following the launch of teen accounts in 2021.

5

The company also introduced a parent-controlled debit card for kids aged six to twelve years old earlier this year.

Why It Matters

If you're part of Gen Z and looking for a fun way to pay without your phone, Cash App's magic wand is worth checking out. It syncs with the Cash App Card via NFC and offers instant spend notifications. However, it might not be practical for everyone due to its whimsical design.

cash appmagic wandtap-to-paynfcgen z

Frequently Asked Questions

Why does this matter?

If you're part of Gen Z and looking for a fun way to pay without your phone, Cash App's magic wand is worth checking out. It syncs with the Cash App Card via NFC and offers instant spend notifications. However, it might not be practical for everyone due to its whimsical design.

What happened?

Cash App introduces a $25 NFC-powered 'magic wand' for contactless payments. The wand, linked to the Cash App Card via Visa’s tap-to-pay platform, lets users pay without their phones and comes with instant spend notifications.

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