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How Square Cash Works. Square Cash does all these things and works with both businesses and individuals through an app available for Android, iOS or your favorite web browser. After linking a debit card to the app, individuals or businesses can start sending money where it is needed.
Square Cash will still be free for consumers to use. The company believe its low transaction fee will entice businesses to accept and promote Cash, as it is below the 2 to 3 percent fees businesses must pay for processing credit and debit transactions. It is a new direction for Square Cash, which until now has only been used for money transfers.