Square Follows Google With Pay-by-Email Service

square, google, gmail, email, paymentsLess than a week after Google launched a service that allows private individuals to transfer money by email, Square has launched a similar product in a private beta.

If a user cc’s Square in an email promising money and puts an amount in the subject line, the payment processing company will transfer the funds into the recipients debit card account.

To use the service, called Cash, both parties must have their accounts linked to a Square account.

A payment, which cost $0.50 to send and nothing to receive, can be canceled up until the moment that the recipient picks it up.

Related Stories
Mediabistro Course

Instagram Marketing

Instagram MarketingStarting October 27, learn how to gain likes and followers on one of the most popular social media platforms! In this course, you'll learn how to develop an Instagram strategy that will make your profile stand out and gain new followers, tell a brand story through photos, and use your Instagram profile to drive your sales and business objectives. Register now!