Square has today announced the rollout of an update to its Square Cash iOS application that has added support for Apple Watch. This new feature enables users to send and receive money directly from their wrist, making financial transactions more convenient and accessible than ever before.
Enhanced Features for Seamless Transactions
The latest Square Cash iOS app version 2.8 now allows you to send cash to your top contacts even faster. This is particularly useful for those who frequently transfer money to the same individuals, such as family members or close friends. The app is equipped with 128-bit encryption, ensuring that all transactions are secure. Additionally, it supports TouchID and passcode protection, adding an extra layer of security to prevent unauthorized access.
With the integration of Apple Watch, users can now manage their finances without needing to pull out their iPhones. This is especially beneficial in situations where quick access to funds is necessary, such as splitting a bill at a restaurant or paying for a service on the go. The convenience of having these capabilities on your wrist cannot be overstated.
Compatibility and Business Features
The new Square Cash Apple Watch application is now available to download from the Apple iTunes App Store. It requires iOS seven or later and has been optimized for use with the iPhone 5, iPhone 6, and iPhone 6 Plus. This broad compatibility ensures that a wide range of users can take advantage of the new features.
Square Cash also offers business account features that allow merchants to request payments for goods and services. This is done at a cost of 1.9% per transaction, which is competitive compared to other payment processing services. This feature is particularly useful for small business owners who need a reliable and efficient way to handle transactions. For example, a freelance graphic designer can easily request payment from clients directly through the app, streamlining the invoicing process.
Moreover, the app’s user-friendly interface makes it easy for both individuals and businesses to navigate and utilize its features. The ability to quickly send and receive money, coupled with robust security measures, makes Square Cash a versatile tool for managing finances.
For more information on the new Apple Watch app, jump over to the Square website for details. The website provides comprehensive information on how to get started, as well as tips and tricks for making the most out of the app’s features.
Source: TNW
The integration of Square Cash with Apple Watch marks a significant step forward in the realm of mobile payments. By combining convenience, security, and efficiency, Square Cash is poised to become an indispensable tool for both personal and business financial transactions. Whether you’re splitting a dinner bill with friends or requesting payment for freelance work, the new features make it easier than ever to manage your money on the go.
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