Square’s New Square Cash iPhone App Lets You Send Money Via Email

Mobile payment service Square has introduced a new iPhone app that lets you send money to anyone with an email address. It’s a great way for authors to collect money for books at readings from readers that don’t want to pay cash. It’s not always easy to have a credit card machine on hand.

You don’t have to create a Square account to use the app. You can link the app to your debit card and use it to send money. It’s free to send and receive money and draws from and deposits directly to your U.S. bank account.

Check it out: “Secure. Your financial information is entered through a secure connection and kept private. You can confirm or reject any transfer. Fast. Money automatically deposits to your bank account within 1-2 business days.” (Via Tuaw.com)