Square Cash Lets You Send Money Through E-mail - WSPA.com

Square Cash Lets You Send Money Through E-mail

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Square Cash Lets You E-mail Money To Anyone In The U.S. Square Cash Lets You E-mail Money To Anyone In The U.S.
UNDATED -
The company Square launched an incredibly simple way to send money over e-mail to anyone in the U.S. for absolutely free.  The service is called Square Cash. It doesn't require either person to set up a Square account. 

All you have to do to send money is to address an e-mail to the recipient and put the amount of money in the subject line. The key is to cc the address cash@square.com. The body can say anything you want it to. 

If this is your first time doing this to send or receive cash, Square then sends you an email asking for your debit card. Square will use that account for the transaction. Future e-mails sent this way will use the same debit account.

The most you can send is $2,500 dollars a week, and the money should arrive in a day or two. 

So why is this free? Square is trying to raise brand awareness and to grow popularity to take on competitors like Paypal.

Square's main success has been with those square-shaped card swiping devices that attach to smartphones and tablets to allow any merchant to accept plastic. 
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