Sick and tired of complex bank transfers, time-consuming check payments and going to the bank for cash deposits? Then this review will introduce you to an amazing app that will help you solve all of your cash transaction problems. After reading this review you will be convinced that you need this amazing app that lets you send and receive money within the comfort of your house, office, or just about anywhere.
The highly trusted and widely popular Square, Inc.’s developed an app “Square Cash” a few years back, this app is now the most trusted apps for safely and securely sending and receiving money. Square Cash is simple and easy to use, you can quickly send and receive your money within a few seconds only. Square Cash is perfect for both personal and business use. However, it is recommended to make separate accounts for business and personal use because mainly it will help you save a little money. Apart from sending and receiving money, you can also earn from the app with your referral code. Though there are a few similar types of apps like Venmo and Google Cash also available, due to the convenience, safety and the large network that Square cash offers to its users, it’s highly recommended and trusted.
Although, Square Cash is a simple app, but offers all the features that you need for quick and easy money transactions. Its features are as follows:
- You can send and receive money within a few seconds only.
- You can keep the money in your Square Cash account for future use, or send it to your registered bank account.
- Square Cash supports the standard, U.S.-issued AMEX, Visa, MasterCard, and Discover credit and debit cards.
- The service is currently available in all 50 states of the U.S.
- User data is fully safe and secure, all the customer information is encrypted and sent to Square Cash’s secure servers.
- The app also supports apple watch.
- You can easily cancel payments (only if the receiver does not have the Square Cash app)
- You can earn money with your referral code.
- Square is partnered with Snapchat, which allows Snapchat users to access Square cash and send money via ‘Snapcash’.
- The app’s user-interface is smart and efficient.
Square Cash is the best for personal use because it is the most simple and easy way to send and receive money from your friends and family. The best thing about using Square Cash for personal use is that it does not charge any fee, so you can easily send your money without worrying about any service charges. Although, the free service is only available for a debit card, standard delivery. If you want to send your money instantly, a 1% service fee will apply; and if you are a credit card user, a 3% fee will be charged. So, if you want to avoid service charges, then you must stick to a debit card, standard transaction only.
Once you will use Square Cash only then you would be able to realize its unlimited benefits. It simplifies business transactions like no other service. With Square Cash money exchange is fast and simple, and even refunds are possible. Square Cash is the perfect payment partner of almost any business, including Health, Beauty, Therapy, Fitness, Professional Service, Home Service, Nonprofit, Teaching, Product, Organization, and Web based business. There is no cash limit on business transactions and there are no charges on credit card; whereas, on debit card payments the recipient has to bear 2.75% fee.
The cash receiving limit can be increased. For example, if you receive more than $1000 in 30 days, Square Cash will ask you to verify your name, date of birth, and last 4 digits of your SSN. Once you have successfully completed the verification process, Square Cash will increase the receiving limit to amounts over $1000 per 30 days (in most states).
This is a more of a new service by Square Cash. Square Cash Card allows you to make easy cash payments, you can load the card with whatever amount that you require and easily make cash payments without using your debit or credit card. This service helps you protect your precious debit and credit card because Square Cash Card has no number or identification IDs at the front, it only has a computerized chip, so your personal data remains safe. You can use this card for online transactions as well. Square Cash delivers Square Cash Card within 1-2 working days after the request.
When it comes to money transactions, security is the biggest concern of people. But, Square assures you to protect both you and your data. You can be sure of the fact that your personal information will never go into the wrong hands because regardless of whether you are using a public or private Wi-Fi connection or data service (3G, 4G, or EDGE), your data will always be encrypted and safe in Square’s servers. You can also turn on your safely pass code for further protection.
If we talk about the popularity of this app, Square Cash is hands down the most popular money transaction app of the U.S. It has millions of users with numbers growing rapidly. Its users are not only a fan of Square Cash’s efficient and easy-to-use app, but they are also highly satisfied with Square’s customer service.
So, if you are looking for a safe and quick money transaction in the U.S., Square Cash will not let you down for sure. It is secure, easily available, efficient, and affordable. This is the main reason for its popularity. Though Square cash also has a few drawbacks like it claims to be available in all states of America, but in actual it is not available in U.S. territories such as Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa, and the Northern Mariana Islands. This can be a downer for many because you might be expecting Square Cash to work flawlessly in every part of the U.S. The app is not currently available for international users as well, so if you get impressed with this app after reading this review and you are not living in the U.S currently; then you would have to wait until Square Cash is available in your country, or you can go to the U.S. Another flaw is that Square Cash Card currently does not support ATM, PayPal, or prepaid bank cards. So, if you want to use Square Cash Card you must have a standard, U.S.-issued AMEX, Visa, MasterCard, or Discover credit or debit cards. Some people might also be put off by the nominal fees that Square Cash charges on its instant transactions.
But, if you can live with these drawbacks, I must say that Square Cash is an amazing app that offers the best solution to all your personal and business transactions for free. So, if you are in the U.S., make sure that you give this app a try and enjoy.