Square Cash - Review & Download

As a cash transfer mobile tool launched by Square in 2013, Square Cash allows users to directly send money to each other from a linked debit card, credit card, or any available funds in your Cash app. SquareCash is available for personal and business use and creating two accounts for different payment use is highly recommended. For business account users, Square Cash lets you request payments at the price of 2.75% per transaction.

It's free to download and signing up the app both for Android and iOS users. Square Cash doesn't charge any transaction fees for linked debit cards, but it charges 3% fee per transaction for credit cards users. Also, free transactions are limited to $2,500 a week and there are no limits on the amount of money you can receive.

  • Price:Free
  • Version:2.14.2
  • Category: Finance
  • Developer:Square, Inc.
Average User Rating:
4.5, 1369 votes

Uninstall the app:

1. Go to Settings menu;

2. Choose Apps or Application manager;

3. Touch the app you want to remove;

4. Press Uninstall.

Features

Fees and Limits

Square Cash transactions are free for debit cards, but it charges 3% fee per transaction for credit cards or bank accounts users. Free transactions are limited to $2,500 a week after verifying your identity with name, date of birth, and the last four digits of your SSN. If you are running a small business, you can install Square Cash Pro which has no money amount limit but will charge 1.5 percent for debit card or bank account transactions.

$Cashtags

Every Square Cash user will receive a personal $Cashtag through which people can send money directly without asking for phone numbers or email addresses. $Cashtags provide the easiest way for non-Square Cash users to pay you.

Square Cash

Pros and Cons

Pros

• User-friendly design

• You can store some money in the Cash Drawer

• Several methods for sending and requesting money

• You can store some money in the Cash Drawer

• Perform simple payment tasks on Smart Apple Watch

Cons

• Charge fees per transaction for credit cards users

• Lower spending limits than competitors

• $Cashtags are not so attractive

Bottom Line

Square Cash offers the simplest money transferring option for family and friends, or to transfer money anonymously with the $Cashtag feature.

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