The simplicity of this process seems to be a big draw.
Anyone know how to score an invite?
Square Cash - Email money to anyone’s debit card
51–60 of 77 posts
Re: Square Cash - Email money to anyone’s debit card
#52Earlier quoted context omitted.
It says "send to any debit card". That's different than "send to any checking account". You can't ACH to a debit card.
Except for prepaid, every debit card has a bank account behind it that you could ACH to.
Yes, and it says "any debit card" which would include prepaid cards.
Re: Square Cash - Email money to anyone’s debit card
#53A little off topic, but it is the reason I excitedly clicked the link.... Anyone know the best way to ship money from a US account to an Australian account? Working in the US at the moment but need to get some cash back home to pay off a cc, really don't want to get screwed with fees.
Xoom.com? I used them to wire money to Argentina when I was traveling. Better rates than other exchanges and relatively low fees.
Re: Square Cash - Email money to anyone’s debit card
#54There are many key attributes of cash that this system, despite it's ease of use, ignores. I rarely try to be pedantic, but two fundamental attributes of cash is that it can be used without a transaction record and often anonymously. Can this system?
This is clearly a "we were out and you paid since I didn't have cash, here you go" type thing. "Square up" not "money for drugs".
But they called it "Square Cash" -- "Square Up" would actually be a terrific name.
Re: Square Cash - Email money to anyone’s debit card
#55Earlier quoted context omitted.
Except for prepaid, every debit card has a bank account behind it that you could ACH to.
Yes, and it says "any debit card" which would include prepaid cards.
Are you sure about that? Check the TOS. From everything I've seen online, everyone hates processing prepaid cards.
Re: Square Cash - Email money to anyone’s debit card
#56I see this as a pretty viable alternative to cash. I don't like carrying any cash, and pretty much rely on my credit and debit cards alone. With this, I can simply Square Cash via e-mail the few establishments/recipients that don't accept credit card. And from what it looks like, it seems to be independent of the sender's e-mail service (unlike sending money via Gmail). Neat.
Re: Square Cash - Email money to anyone’s debit card
#57Earlier quoted context omitted.
It says "send to any debit card". That's different than "send to any checking account". You can't ACH to a debit card.
Except for prepaid, every debit card has a bank account behind it that you could ACH to.
Some prepaid cards support direct deposit these days, which means they'd have an ACH account number. For example:
http://usa.visa.com/personal/cards/prepaid/prepaid-card-expl...
Re: Square Cash - Email money to anyone’s debit card
#58Earlier quoted context omitted.
I opened the tab and missed the intro completely. Had to reload to see it again. They could include a "replay" option.
They should be using the page visibility api and not play the animation until you're actually looking at the tab http://www.html5rocks.com/en/tutorials/pagevisibility/intro/
It's not supported by Safari according to the article, though, which may have dissuaded them from using it.
I, being the roundly-abused Opera user that I am, would obviously prefer that they still served the "modern browsers" out there, while the others are catching up. :)
Re: Square Cash - Email money to anyone’s debit card
#59Earlier quoted context omitted.
you can only process a refund if you have the authorization code for an already existing txn on that card. you can't just issue one just by knowing the card details.
Actually you can process a "refund" (actually just a credit) without an existing authorization code. I've done it.
Refunds and credits are two different things entirely. They are considered two different things by the credit card companies. If you've done this, then you've done it with a system that hides the specifics of what you are actually doing.
Re: Square Cash - Email money to anyone’s debit card
#60Come back when you have something to show us. Invite only w/o a way to request one? Use email cc to send money? Seems pretty damn dangerous to me so you need to explain things in a lot more detail.