It is a mobile payment app that works on Android and Apple devices. Said, the consumer version of Square Cash makes it easy for people to send money to those they care about. Square Cash for Business is a more robust version of Square Cash that includes e-commerce and transactional capabilities to help you collect fees for your business. Cash your Business from Square is essentially a stripped-down version of Square POS, providing you with the bare bones of what you need to accept payments.
Painless Payment App Features
The 'Boost' Function
The "Boost" function in Square Cash is a very cool extra. If you tap the central balance on your Square screen, you'll see a digital representation of the card you use in the real world. Also available is a feature to implement a "Boost. You may apply Boosts to a few different items. Also, remember that you'll need to participate in the boost to experience its benefits actively. It's impossible to make purchases and then figure out their value down the road. Square Cash's cash card bonuses immediately let you take advantage of any active promotion, with no need to opt in.
Other Payment Information
As we've already discussed, making a purchase with Square Cash on your personal or professional account is a breeze. Business owners that use the Square Point of Sale app can expand their capabilities by combining the two systems. This fantastic software is designed with mobile service providers in mind, making it ideal for consultants and makeup artists on the go. However, you receive everything you could need to take and process payments without the storefront and inventory features in the complete Square for Business experience.
The Physical Card
The use of mobile wallets has been rapidly expanding in recent years. Unfortunately, you can't use your mobile wallet just anywhere just yet. They provide both plastic and digital debit cards with Square Cash. You can use this card at ATMs to withdraw funds if you need cash. The system also includes the novel incentives scheme Square Boost, which we discussed above. The Square Cash Card is important since it can only be used with your own Square account. A Business account is not compatible with this feature.
Customer Service/Fine Print
The peace of mind that comes with knowing you have access to helpful resources is invaluable when committing to a new point-of-sale system, software, or mobile app. At some point or another, we could all use some direction, but Square doesn't exactly have the most exemplary reputation for being a reliable source of assistance in general. There is no customer service phone number provided on the Square Cash website. Instead, you'll have to use the app or the Square-created Help Center website to get in touch with the company. You should check the Help Center to see if an answer to your query has already been published there.
Verdict
You can't go wrong with Square Cash if you need a quick and cheap way to send and receive money over the internet. In terms of mobile commerce, it isn't quite ready to dethrone PayPal just yet, but it has a lot to offer. Square has a lot of restrictions and doesn't provide any features like a mobile wallet would for keeping and managing your money. It's also important to note that Square has a history of terminating accounts when it gets the slightest suspicion of fraud as soon as you create a Square account.
Conclusion
Depending on the average monthly income of your company, Square Cash may be an excellent choice for an electronic wallet that enables your firm to accept payments from customers. This ability is made possible by Square's integration with the Stripe payment network. Candidates whose annual income is one thousand dollars or less are strongly urged to apply. On the other hand, if you intend to use more advanced features, such as billing and payment management, you may also be required to have an alternative payment method available.