Square Cash lets anyone with a debit card send money instantly over email
Square Cash Review – The Money is in the Email | AllThingsD
Square Cash does have some downsides. At launch, there’s no way to see a history of your transactions. Square says your past email shows that. And the company makes no promise to pay you back from its own funds in the case of fraud, only to reverse the transaction. It also has no limit on your liability from fraud. And at launch, it only links a debit card to one email address at a time, so sending from, or to, an unlinked email address can require a new setup.
However, Square Cash is the quickest, simplest method I’ve seen for sending money from one person to another.
Square Cash | Daring Fireball
Seems almost too good to be true — not least because there are no fees at all. If I send you $25.00, you get $25.00.