Square’s Cash App Now Lets Customers Pay Anyone Nearby with Bluetooth LE

Fastest, Easiest Way to Pay Anyone Across the Country or Across the Dinner Table

SAN FRANCISCO - October 7, 2014 - Today, Cash adds the ability to send or request money from anyone nearby using Bluetooth LE technology. The new feature lets customers discover people within close proximity and simply tap their name or photo to make a payment. Cash’s nearby payment feature makes paying friends and family easier than ever whether across the dinner table or across the room.

Just like paper cash, the new feature enables customers to quickly pay anyone nearby, even if they don’t have their contact information, streamlining payments for everything from group dinner bills, work outings, sporting events and concert tickets.

With Cash for iOS 8, customers can now choose to make themselves visible to anyone in the same space as them, or just to friends. The app can detect other Cash customers within 250 feet of the sender or recipient - making payments quick and convenient. The app update for iOS 8 also includes the ability to swipe a push notification to approve and reject a payment request.

Cash is a free app from Square that enables customers to send or request money from anyone using just a debit card and their e-mail address, phone number or location. Cash payments are free to send and receive and deposit directly into customers bank accounts, often instantly.

Launched less than a year ago, Cash has processed hundreds of millions of dollars in payments across the U.S. and is available for iOS and Android.

About Square, Inc.
Square helps anyone take care of their business. Square's complete register service is a full point of sale with tools for every part of running a business, from accepting credit cards to sales, inventory tracking, and small business financing. Customers also use Square Order, a new way to pre-order food and drinks for pickup and individuals use Cash, the easiest way to send and receive money. Founded in 2009 and headquartered in San Francisco, Square is currently available in the United States, Canada, and Japan.