I imagine most of you have used “Square Cash”, well it’s gotten even EASIER. For those of you who don’t know Square Cash here’s how you can email money to someone with no fees and no hassle:
- Type a dollar amount into the subject of your email (i.e. $1.47)
- Copy (cc) email@example.com on the email
I mean you and your friend (or kid in my case since they now have ATM cards for this very reason) will get an email to confirm the transaction, and the first time you use it you may have to link a credit card to your email (but if you use the Square swiper you might not even need to do that).
No routing numbers. No strange logins. No odd account numbers. Just an email.
But today they announced another cool feature.
Instead of copying “firstname.lastname@example.org” on the email you can copy “email@example.com” and instead of *sending* money you can *request* money. Duh!
How simple is that?
This is usability 101. They took a process that used to take days 10 years ago and turned it into seconds.
What’s amazing is Tristan joined us when we went to the bank and closed out Charlie and Max’s old-school pain in the ass bank account, but he’s 2. So he’s not even going to ever REMEMBER the crap most of us had to deal with for banks. He may never have to walk into a bank branch. Or fill out one of those stupid withdraw forms. Or have to ask a teller to look up his account number (really we still have those things?).
Next up, better banking for businesses.
I love the future, and it’s not even here yet!