Square updates its Cash app, introduces Nearby Payments feature
Square has released an update for its Cash iOS app, including a new Nearby Payments feature. Cash allows users with a US bank account to send or request money via text message or email, free of charge. Payments are deposited to one's bank account in minutes, using an existing Visa or MasterCard debit card, and payments that are not claimed within 14 days are automatically refunded to the user.
Update adds real-time gift card balance updates, ability to request money in Gmail
Google Wallet issued an update today that gives users the ability to add gift cards and request (or send) money through the Wallet app. The addition grants another perk to using Wallet as it allows customers to carry even fewer cards with assorted balances or perks. Requesting money from friends and family, or sending them money using a debit card is now free of charge, unlike the previous version which charged the same 2.9 percent (minimum 30 cents) fee as when using a credit card.
TransferWise money transfer app now available for Android
London-based startup TransferWise has launched a native Android app, allowing users to transfer money between currencies. A peer-to-peer service, TransferWise facilitates direct money transfers to users in other countries. Six months earlier, TransferWise had released an iOS native app, with the "app" for Android users available on Google Play until today being only a shortcut to its website. Free to download, TransferWise for Android is compatible with Android 2.3 or later.
Update improves Snow Leopard performance
Fast on the heels of releasing Jumsoft Money for the iPad (also iPhone compatible), Jumsoft has launched Money 3.5, updating the desktop version of the software with iPad sync capabilities. Money is financial management software with budgeting and bill tracking. It has report capability that allows for analysis of past income and spending and helps users focus on areas for improvement.
Squirrel Personal Finance
Everyone makes money and spends it, but not everyone bothers to track their income and expenses. To make managing your money simple, you can choose from a variety of programs, including Intuit's standard Quicken. The problem with most of these applications is that they come loaded with so many features, few people take the time to learn them all. As a result many people ignore these programs, and those that do use them can only understand a fraction of the available options. If you find traditional budgeting programs too complicated, then you might appreciate the simplicity of Squirrel.