A zero-cash future might not be as close as some people predict, but in part it’s already here in the form of numerous payment services that allow people to send and receive money in real time – no need for checkbooks or cash withdrawal from ATMs.
Some of these services, like PayPal, are internationally popular, while others are confined to local markets (WeChat payments in the Chinese market, for instance). But whether local or global, payment apps are changing how we use money in our daily lives.
The universal popularity of mobile devices has helped certain types of payment apps like Venmo and clearXchange to grow quickly. Today we want to look at one other peer-to-peer payment service – Square Cash – in detail.
Square Cash is a product of Square Inc., one of the largest payment processing companies in the US market.
The Square Cash service allows friends to instantly send money to each other and allows businesses to accept card payments. In short, it’s a very convenient peer-to-peer payment application: sending money through Square Cash is almost as quick and easy as paying with good old cash. Full article: How to Build a P2P Payment App Like Square Cash
