Square Cash’s Fast Payments App Can Now Hold A Balance

Square Cash, the peer-to-peer payments app that aims to replace cash by offering instant deposits, rolled out another feature today that better positions the app to challenge competitors like PayPal and Venmo: the ability to maintain a cash balance. That is, users can now choose to switch on an optional “Cash Drawer” to hold onto money in the app, similar to other digital wallets. Read More...