Did You Know That You Can Send Money Via Email With Square Cash?
I don’t know about you, but for me the only site that I have ever used to send money to someone online is PayPal. I have a love hate relationship with them because I love that you can send cash over to someone by email, but I hate their customer service (or lack thereof) and fees for using their service.
Sure, there are a few other players in the market place, like Amazon Payments and I think Google Payments as well. However, none has quite the market share like PayPal. However, that may change soon as there is a new player out on the field. And it is the credit card processing company Square, who has been making great strides when it comes to merchant accounts with lower fees that all the competitors.
I have just recently tested out this new way of sending money to friends and family by email and want to share my experience. They gave me a free dollar to give them a try (you can get the same free money at: https://square.com/cash/G4c5W6) and the details of my experience are below.
What Is It?
As you may have already guess, this new service is nothing more than a quick and easy way to take cash from your checking account and get it to someone else’s. At it’s core, it is an online payment service just like PayPal, except that it does not work with credit cards – only debit cards.
When you need to send some funds over to someone else (or they to you), then this service facilitates that. Best of all? It only takes 1 to 2 business days for the entire process, whether you are sending or receiving the monies.
Who Is This Service For?
Pretty much anyone who wants an easy way to quickly transfer money to people online can benefit from this new money-transferring company. You can use it to send, as well as request, those dollars. It is also perfect for those of us that like to be able to pay someone, or receive payment, online without having to pay a fee to do so.
What Do You Need To Use It?
Using Square Cash is super easy and user friendly. All you need is an email address, the email address of the other person and a debit card. The company also offers an app for Android and iOS, so you can also use that if you want to send the $$$ while on your tablet or smartphone.
And for a limited time, the company is giving anyone who wants to try it out a free $1 to your debit card. All you have to do is go here –> https://square.com/cash/G4c5W6 and get started. It’s actually a great way to try it and see how it works for yourself.
Who Can Use It?
I am under the impression that pretty much anyone can take advantage of this new PayPal alternative. All you need is the email address details mentioned above and a debit card and you are ready to go!
Based on my experience, it is safe to use and certainly should be considered as a great alternative to sites like PayPal.
What I Like and Dislike About It
Likes: I love how user-friendly Square Cash is. You do not need to be super techy in order to use it. And I also love that they do not charge you any fees to send over the money like all the other similar sites do.
Dislikes: I do wish that you could use a credit card with their service, but I understand that to do so would result in fees. So, I guess that I am okay with that.
But, will it take off? Hard to tell since people are so used to using PayPal.
Will You Use It Or Try It Out?
Do you need an online money transfer site like this? If so, do you think that you will start using it? Why or why not? And do you plan on trying it out at https://square.com/cash/G4c5W6? Let me know your thoughts on this new $$$ site.