SQUARE'S CASH APP USER BASE SURGES TO A MASSIVE 24 MILLION MONTHLY ACTIVE CUSTOMERS

This story was delivered to Business Insider Intelligence Payments & Commerce subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Square's Cash App claims to have had approximately 24 million monthly active customers as of December 2019, up from 15 million in December 2018 and 7 million in December 2017, per an earnings release. Bus...

BusinessInsider (Date:02/28/2020 16:53) Read full article >>

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Morgan:
Intuit PhotoIntuit: Intuit Inc. is an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. It is incorporated in Delaware and headquartered in Mountain View, California.
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Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Cash: In English vernacular cash refers to money in the physical form of currency, such as banknotes and coins.
Square: In geometry, a square is a regular quadrilateral. This means that it has four equal sides and four equal angles . It can also be defined as a rectangle in which two adjacent sides have equal length. A square with vertices ABCD would be denoted ABCD.
Intelligence: Intelligence has been defined in many different ways including logic, abstract thought, understanding, self-awareness, communication, learning, having emotional knowledge, retaining, planning, and problem solving.
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
December: December is the twelfth and last month of the year in the Julian and Gregorian Calendars. It is one of seven months with the length of 31 days.
Payments: A payment is the transfer of money from one party to another.[contradiction] A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation.