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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.
The amount Square makes from each deal may vary, but Square will not collect interest. Small businesses also aren't required to pay back Square in any specific time table. For example, Square may agree to advance a customer $10,000 in exchange for $11,000 in future sales.Square could take 10% of the company's daily credit card sales until the money is paid back.he amount Square makes from each deal may vary, but Square will not collect interest. Small businesses also aren't required to pay back Square in any specific time table. For example, Square may agree to advance a customer $10,000 in exchange for $11,000 in future sales.