Square’s Cash app update lets users send money via text message

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24-hour Square Cash payment card in August 2014.

Square

Square works to make money by sending Cash application more user-friendly. And, in that sense, the card reading company on Tuesday announced an update to the app, which allows users to send money by text or email.

Cash is a free application that allows users to make peer-to-peer payments digitally. Tuesday’s update not only allows people to send money via text or email, even when the recipient doesn’t have the app, but it also allows users to take notes on them. payments and import their address books.

Cash debuted last November and in less than a year, the company claims people have been using the app to send and receive “hundreds of millions of dollars.” More than 25 percent of all cash transactions are sent between cities and states, according to Square.

“People use the free Cash app to pay for group vacations, dinner bills, and even to send funds for back-to-school supplies, meal plans and textbooks,” Square wrote in a blog post. . “Cash also allows anyone to request money, even 25 people at a time, making it easy to collect payments for sports teams, parties and events by helping groups easily manage their money.

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