In 2013, Square introduced Square Cash as an easy payment system for sending money to friends and family. Today, Square made Cash available for businesses in the U.S.
Like the consumer version of Square Cash, payments are deposited directly into bank accounts with an intermediary holding account. The processing fee is just 1.5 percent — a little over half of the 2.75 percent fee it charges for transactions made with Square card readers.
Square has also introduced ‘$Cashtags,’ which let people quickly pay businesses online. These unique identifiers are used in Cash.me URLs—like Cash.me/$Wikipedia—which, when visited, show information about a business or user [...]
Surgically implanted NFC chips, U.S. spy program, SnapCash by Snapchat and Square, changes to Facebook’s terms, the Anonymous takeover of the KKK’s Twitter account, Skype for Web, and sexism ratings for games.
Panel: Brad Merrill, Will Reynolds YoungShow Notes VentureBreak Newsletter WearableNow Man has NFC chips injected into his hands to store cold Bitcoin wallet U.S. Spy Program Gathers Phone Data From The Sky Snapchat to Let You Send Money to Friends, Thanks to Square Facebook Proposes Changes To Its Terms, Simplifies Privacy Anonymous responds to KKK’s twitter taunts by hacking, taking over their account Skype Introduces Skype For Web, Bringing Calls And [...]