Maybe a friend owes you money but the two of you can never seem to connect to make the exchange.
Maybe someone has some money to pay but the other doesn’t have change, and then it just turns into one big jumbled mess because money keeps flip flopping back and forth.
Situations like these happen all the time. Since no one ways to damage a friendship by not paying the money that is due from them, using an app such as Square Cash can come in handy.
Square cash makes it easy to send and receive money from family and friends. You can do it in an instant, plus it is free! Below are some questions that you may have about Square Cash.
Is there a fee to use Square Cash?
If you are just a personal user and exchanging money between friends and/or acquaintances, there is no fee to use Square Cash. This means that you can pay your friends or they can pay you easily, and all for free.
This can make it very easy to settle a bill, to pay for something that you and your friends are splitting (maybe a fun friends vacation?!), and so on. It also makes it easy to pay with Square Cash because you can send your friend the exact amount of money that you owe instead of having to ask for change at the bank (you won’t even need to go to the bank!). It really does not get any easier than using Square Cash.
If you do end up making business transactions through Square Cash, the fee is just 1.5%, so that is extremely cheap as well, especially when compared to other online payment methods that are currently out there.
How does someone send money to a Square Cash user?
Anyone can send money to a Square Cash user.
All you have to do is find their $Cashtag (which the person will give you) and then you can easily send them money through the Square Cash phone app or online through an easy web URL that the Square Cash user can give you.
Does the money sit in some sort of online account?
Nope! Once you or your friend sends money to a Square Cash user, the money then gets sent directly to their bank account.
Are you interested in using Square Cash? How do you settle money between you and your friends?