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This is no surprise for anyone who is using Square Cash. Clearly the best product on the market for its purpose.
by Bud 11y ago
This is no surprise for anyone who is using Square Cash. Clearly the best product on the market for its purpose.
- natrius 11y agoIt seems unlikely that they'll be able to transfer money for free indefinitely. Their competitors hold on to balances for a reason: it's the only way to build a sustainable business on top of free money transfers.
- ethanbond 11y agoSquare Cash uses the refund rails, no? And aren't those actually free (albeit an exploit of the transfer system)?
- glass_of_water 11y agoSquare Cash recently introduced the ability to send money w/ your credit card (before it was just debit). Square takes 3% of those transactions. Also, I think they charge 1.9% for non-personal use when sending money w/ a debit card.
- xux 11y agoThe product and IPO price have literally zero correlation.