Monday, May 20, 2013
Square’s not just for businesses apparently, as an invite-only page for a product called “Square Cash” has popped up. Not many details are known about it, but we’ve reached out to the company for comment.
The splash page shows an email to a friend with a $25 payment, with a Square email address in the CC line:
This is similar to other personal payment solutions, like Venmo and PayPal. You can sign up for an invite right now, and that’s it. The page promises that you can send money to someone’s debit card:
The company just announced a new, pretty cash register for businesses, but the company clearly wants to be in all of our pockets…and bank accounts.
This is developing.
Drew Olanoff 21 May, 2013
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Source: http://techcrunch.com/2013/05/20/square-cash-will-let-you-send-money-to-your-friends-by-email/
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