A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions.
Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?
Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?
As for outside the US, I was under the impression that most banks provide a free service for these transactions.
As they say, if you could capture 1% of that market ...
IIRC, Square is only able to do this by abusing the "refund" feature of debit cards to credit money to those accounts. I read an article a while back that claimed the banks were not happy about this, and considering shutting it down (or rate-limiting it) in the future.