Cash App Launches Phone Service for $40

Cash App is introducing a new mobile phone service powered by AT&T, offering an unlimited 5G data plan for $40 per month, inclusive of taxes and fees. This service, utilizing the same infrastructure as Klarna's mobile offering, is initially rolling out to a select group of users with wider availability expected soon. The company also plans to integrate the service with its Cash App Green rewards program and its Cash App Families feature for managing child accounts, aiming to enhance its ecosystem beyond basic financial transactions.