7 ms·

Square Cash is currently #38 on the chart for top free apps in Apple's app store. No other financial apps above it. Might be good momentum with that product at

Square Cash is currently #38 on the chart for top free apps in Apple's app store. No other financial apps above it. Might be good momentum with that product at least.

giobox 9y ago
I'm curious what that actually means in real download numbers now. Remember in iOS 11, iOS games were split out into a seperate top chart, which I imagine means waaaaaaaaaaay less downloads are now needed to break the App Store's top 200 ranking for all other app types. Worth bearing in mind if using this as evidence of momentum.
synaesthesisx 9y ago
I wonder if that momentum will last when Apple Pay Cash rolls out next month - why install a third party app to send money to friends when you can do it via iMessage?
- wonder_bread 9y ago
  'Venmo' itself has become a verb rather than just a service so I doubt either of them have the necessary momentum to take these services to anything more than nominal levels of volume relative to the market lead
  - sidegrid 9y ago
    What's a Venmo?
    - Mz 9y ago
      https://www.clickondetroit.com/consumer/how-venmo-became-a-verb-for-millennials https://www.clickondetroit.com/consumer/how-venmo-became-a-v...
      - whostolemyhat 9y ago
        > "Venmo has essentially eliminated the use of checks for our generation" I've literally never heard of Venmo before now
        Mz 9y ago
        Me neither. I googled it, out of curiosity myself. I was confusing it with BevMo, a retail chain for beverages et al.
        giobox 9y ago
        My gut feeling is that whether you are familiar with the popular cash sharing apps really depends on your social circle. Among young people/students etc, not surprisingly I see a TON of Venmo users. Among adults with steady reasonable paying jobs, not so much. I've seen Venmo reguarly used as a Verb in social media too. I know for me personally I'm far more likely to say "you get it next time" than bill my friends for some share of an outing. If it's sufficiently expensive that this doesn't make sense I'd just split the check. If I was younger and still a student I can absolutely see the appeal though.
- mattnewton 9y ago
  Because some of them are green bubbles
AustinDizzy 9y ago
Just wanted to note that Square Cash is also directly integrated into Snapchat and Facebook Messenger.
toomuchtodo 9y ago
Zelle, the bank consortium competing against Square Cash (and Venmo), is built into most major bank apps now. https://www.zellepay.com/partners https://www.zellepay.com/partners While I think Square has some momentum, I believe the financial services industry as a whole is going to overshadow their Cash offering.

Square Cash is currently #38 on the chart for top free apps in Apple's app store. No other financial apps above it. Might be good momentum with that product at least.

giobox 9y ago

I'm curious what that actually means in real download numbers now. Remember in iOS 11, iOS games were split out into a seperate top chart, which I imagine means waaaaaaaaaaay less downloads are now needed to break the App Store's top 200 ranking for all other app types. Worth bearing in mind if using this as evidence of momentum.

synaesthesisx 9y ago

I wonder if that momentum will last when Apple Pay Cash rolls out next month - why install a third party app to send money to friends when you can do it via iMessage?

wonder_bread 9y ago
'Venmo' itself has become a verb rather than just a service so I doubt either of them have the necessary momentum to take these services to anything more than nominal levels of volume relative to the market lead
- sidegrid 9y ago
  What's a Venmo?
  - Mz 9y ago
    https://www.clickondetroit.com/consumer/how-venmo-became-a-verb-for-millennials https://www.clickondetroit.com/consumer/how-venmo-became-a-v...
    - whostolemyhat 9y ago
      > "Venmo has essentially eliminated the use of checks for our generation" I've literally never heard of Venmo before now
      - Mz 9y ago
        Me neither. I googled it, out of curiosity myself. I was confusing it with BevMo, a retail chain for beverages et al.
      - giobox 9y ago
        My gut feeling is that whether you are familiar with the popular cash sharing apps really depends on your social circle. Among young people/students etc, not surprisingly I see a TON of Venmo users. Among adults with steady reasonable paying jobs, not so much. I've seen Venmo reguarly used as a Verb in social media too. I know for me personally I'm far more likely to say "you get it next time" than bill my friends for some share of an outing. If it's sufficiently expensive that this doesn't make sense I'd just split the check. If I was younger and still a student I can absolutely see the appeal though.
mattnewton 9y ago
Because some of them are green bubbles

AustinDizzy 9y ago

Just wanted to note that Square Cash is also directly integrated into Snapchat and Facebook Messenger.

toomuchtodo 9y ago

Zelle, the bank consortium competing against Square Cash (and Venmo), is built into most major bank apps now. https://www.zellepay.com/partners https://www.zellepay.com/partners While I think Square has some momentum, I believe the financial services industry as a whole is going to overshadow their Cash offering.