Square’s $Cashtags let you pay people and businesses anywhere easily via the Web

Square Cash

Square introduced Square Cash in 2013 to go against Venmo as an easy payment system anyone can use to send some money over to friends and families. Turns out companies liked the idea too, so Square has now made Cash available for businesses in the US. As with Cash for consumers, payments are deposited directly into bank accounts with an intermediary holding account. Square is charging businesses a 1.5 percent fee for the service – just over half the 2.75 percent it charges for payments via its hardware devices. Non-business money transfers are still free. To make it easier for…

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