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Warning to cash app customers:
Square's () cash app started as just another way to send friends money, like paypal holdings' (nasdaq:pypl) venmo. Is an american financial services, merchant services aggregator, and mobile payment company based in san francisco, california.the company markets software and hardware payments products and has expanded into small business services. All of your information is stored securely. The app generates revenue by charging customers to be able to instantly cash out their money, if they so choose, and by allowing businesses to accept customer payments through the app.