Square's been venturing beyond those tiny credit card swipers as of late. Last week, the company introduced its nifty $299 Stand POS system for iOS, and now it appears to be branching out to individuals, with a to-be-announced service called Square Cash. There's not much info to share at this point -- TechCrunch recently discovered a dedicated landing page for the new service, which looks to be invite only at this point. There does seem to be an option to request an invitation, but the button isn't properly linked, so we weren't able to make our way to the proper form in order to take a closer look.A handful of help articles do shed some light on the service, though. To send money, you'll simply send an email to your recipient with the dollar amount in the subject line and "pay@square.com" in the cc field. Once your friend or associate receives the email, they'll type in the debit card account number of their choosing and Square will fund the associated checking account within 48 hours. Each payment costs just 50 cents to send, and there's no cost to receive -- it's not quite clear whether or not you can use a credit card to fund the transfer, but with fees of less than $1, we imagine you'll need to use a checking account. Square has yet to formally introduce the service, but we're guessing an announcement will be coming soon. when.eng("eng.perm.init")Thursday, May 30, 2013
Square Cash appears on invite-only site, lets you send money with an email
Square Cash appears on invite-only site, lets you send money with an email data = {blogUrl: "www.engadget.com",v: 315};when = {jquery: lab.scriptBs("jquery"),plugins: lab.scriptBs("plugins"),eng: lab.scriptBs("eng")}; var s265prop9 = ('20576654' !== '') ? 'bsd:20576654' : ''; var postID = '20576654'; var modalMNo = '93319229', modalVideoMNo = '93320648', modalGalleryMNo = '93304207'; when.eng("eng.omni.init", {pfxID:"weg",pageName:document.title,server:"acp-ld39.websys.aol.com",channel:"us.engadget", s_account: "aolwbengadget,aolsvc", short_url: "",pageType:"",linkInternalFilters:"javascript:,",prop1:"article",prop2:"internet",prop9:s265prop9,prop12:document.location,prop17:"",prop18:"",prop19:"",prop20:"", prop22:"zach-honig", prop54:"blogsmith",mmxgo: true }); adSendTerms('1')adSetMOAT('1');adSetAdURL('/_uac/adpagem.html');lab._script("http://o.aolcdn.com/os/ads/adhesion/js/adhads-min.js").wait(function(){var floatingAd = new AdhesiveAd("10000057",{hideOnSwipe:true});}); onBreak({980: function () { adSetType("F");htmlAdWH("93319229", "LB", "LB"); adSetType("");}}); EngadgetMenu NewsReviews Features Galleries VideosEventsPodcasts Engadget ShowTopics Buyers Guides Sagas Store HD Mobile Alt Announcements Cameras Cellphones Desktops Displays Gaming GPS Handhelds Home Entertainment Household Internet Laptops Meta Misc Networking Peripherals Podcasts Robots Portable Audio/Video Science Software Storage Tablets Transportation Wearables Wireless Acer Amazon AMD Apple ASUS AT&T Blackberry Canon Dell Facebook Google HP HTC Intel Lenovo LG Microsoft Nikon Nintendo Nokia NVIDIA Samsung Sony Sprint T-Mobile Verizon About UsSubscribeLike Engadget@engadgettip uswhen.eng("eng.nav.init")when.eng("eng.tips.init") onBreak({980: function () {htmlAdWH("93308280", "215", "35",'AJAX','ajaxsponsor');}});Square Cash appears on invite-only site, lets you send money with an emailByZach HonigpostedMay 20th, 2013 at 3:33 PM 0 Square's been venturing beyond those tiny credit card swipers as of late. Last week, the company introduced its nifty $299 Stand POS system for iOS, and now it appears to be branching out to individuals, with a to-be-announced service called Square Cash. There's not much info to share at this point -- TechCrunch recently discovered a dedicated landing page for the new service, which looks to be invite only at this point. There does seem to be an option to request an invitation, but the button isn't properly linked, so we weren't able to make our way to the proper form in order to take a closer look.A handful of help articles do shed some light on the service, though. To send money, you'll simply send an email to your recipient with the dollar amount in the subject line and "pay@square.com" in the cc field. Once your friend or associate receives the email, they'll type in the debit card account number of their choosing and Square will fund the associated checking account within 48 hours. Each payment costs just 50 cents to send, and there's no cost to receive -- it's not quite clear whether or not you can use a credit card to fund the transfer, but with fees of less than $1, we imagine you'll need to use a checking account. Square has yet to formally introduce the service, but we're guessing an announcement will be coming soon. when.eng("eng.perm.init")
Square's been venturing beyond those tiny credit card swipers as of late. Last week, the company introduced its nifty $299 Stand POS system for iOS, and now it appears to be branching out to individuals, with a to-be-announced service called Square Cash. There's not much info to share at this point -- TechCrunch recently discovered a dedicated landing page for the new service, which looks to be invite only at this point. There does seem to be an option to request an invitation, but the button isn't properly linked, so we weren't able to make our way to the proper form in order to take a closer look.A handful of help articles do shed some light on the service, though. To send money, you'll simply send an email to your recipient with the dollar amount in the subject line and "pay@square.com" in the cc field. Once your friend or associate receives the email, they'll type in the debit card account number of their choosing and Square will fund the associated checking account within 48 hours. Each payment costs just 50 cents to send, and there's no cost to receive -- it's not quite clear whether or not you can use a credit card to fund the transfer, but with fees of less than $1, we imagine you'll need to use a checking account. Square has yet to formally introduce the service, but we're guessing an announcement will be coming soon. when.eng("eng.perm.init")
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