Square Cash

#1

Post by rjsamson » Wed, Oct 16, 2013, 1:04 AM UTC

Re: Square Cash

#2

Post by rjsamson » Wed, Oct 16, 2013, 1:12 AM UTC

I remember seeing this talked about a while back and not thinking much of it, but the details look slick. Sending money with no signup required seems pretty awesome.

Re: Square Cash

#3

Post by rmccue » Wed, Oct 16, 2013, 1:13 AM UTC

Note that this isn't available everywhere: https://squareup.com/help/en-us/article/5136-troubleshoot-sq...

(Would have been nice to see this on the actual page rather than hidden in "Troubleshooting")

Re: Square Cash

#4

Post by sami36 » Wed, Oct 16, 2013, 1:13 AM UTC

Free. I bite, What's the catch ? I presume recruit users to use the Wallet app ?

Re: Square Cash

#5

Post by dangoor » Wed, Oct 16, 2013, 1:14 AM UTC

It sounds great, but I'm always left wondering what the angle is for free services. Will they make their money off of float? Is it something to do with the way debit cards are charged?

Re: Square Cash

#6

Post by kgermino » Wed, Oct 16, 2013, 1:14 AM UTC

>Free. Actually Free.

Ok now I'm confused. I realize it's probably a marketing ploy, but how could the fees on this not eat them alive?

Re: Square Cash

#7

Post by [deleted] » Wed, Oct 16, 2013, 1:15 AM UTC

[deleted]

Re: Square Cash

#8

Post by maerF0x0 » Wed, Oct 16, 2013, 1:15 AM UTC

NSA will start to deposit the cash you send, its just "Metadata"

Re: Square Cash

#9

Post by sbirch » Wed, Oct 16, 2013, 1:16 AM UTC

I think they've done something quite clever by (I infer) getting people to join up when they receive money. Venmo puts up an unnecessary wall by requiring that the payee sign up before they can be paid.

Re: Square Cash

#10

Post by usaphp » Wed, Oct 16, 2013, 1:16 AM UTC

I think thats an awesome idea, in the current world where the cash is not used as often as before and its hard to just send money to your friend or relative without dealing with long forms, swift codes, routing numbers etc...I am just wondering how did they manage to make it free? Any ideas?