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Square Cash


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Anyone use/or hear of Square Cash? Its the same company who does the credit card readers for mobile devices (Square Inc.). Supposedly you can send money to an email from your email that's linked to a debit card, and there are no fees. Seems easy For people without a PayPal but doesn't have any of the seller/buyer protection stuff.

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I just signed up for Square last night, haha. Weird.

I haven't heard of this Square Cash though. Idk how I feel about the lack of seller/buyer protection. =\

Square is awesome, a lot of people in my family use it at their places of work. Seems to be a really convenient way to accept payment. As for this new thing, I think its similar to sending as gift on PayPal.

http://www.engadget.com/2013/10/15/square-cash/

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It seems awesome.  I just recently opened a business checking account for my photo business with PNC and they tried to get me to buy into their Square-like service, except their device is $75, plus they charge $12/month.  As a business that's just starting out, I can't afford that.  Square seemed like a much better way to go.

 

I'm going to look into this Cash thing though.  I've been sending money to people thru PopMoney that a lot of the banks have been using lately and it takes a while for the transaction to complete.  Maybe this will be faster?

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