Cash App’s $25 NFC “Magic Wand” payment device sells out after June 4 launch

Cash App’s first NFC-enabled payment device, the $25 Magic Wand, sold out shortly after going live on June 4, marking the debut of Block’s new “Cash App Tags” hardware lineup. According to BeInCrypto, the pearlescent, star-tipped wand links to the Cash App Card on Visa’s tap-to-pay network, works with contactless terminals, and can be locked or deactivated remotely if lost. Block said one in five U.S. teens has a Cash App Card, and it introduced a parent-controlled debit card for children aged six to 12 in April 2026. Block confirmed more tag form factors and limited-edition drops are planned before some become permanently available later this summer.