This story was originally published and last updated .
Even under lockdown, there are a lot of reasons you might need to split up a bill or send someone some money. But picking one can be a bit of a chore, and signing up for all of them even more so. Still, these services are far more convenient than using clumsy bank ACH transfer tools or, as is hardly thinkable right now, cold, hard cash. And if you're still splitting the bill with cash, frankly, you're doing it wrong — to get the most from your money in the digital age, you should be using a peer-to-peer (P2P) payment app.
There are many ways to send money to a friend using your phone. PayPal, Venmo, Facebook, Google. Not long ago, Square introduced Cash as its own personal method for you to take money that's in your bank account and stick it in another's. Now the company is introducing a feature that lets you set aside money specifically for this purpose.
Square released Cash a while back to make it easier to send and receive money on your mobile device, but now it's even easier with "$Cashtags." Get it? It's like a hashtag, but for money. You know some marketing manager was giddy after coming up with that. It's not all fun and games, though. Cash now also supports businesses with an option called Cash Pro.
Mobile technology has done a lot to simplify life in many ways, which includes sending money and paying bills. As much as it sucks to hand over all those moneydollars, Square's Cash app eases the pain a little bit by making it a painless process. Today's update brings the app up to version 2, which adds a handful of new features and improvements.
Everything is better in Cash 2.0!
Send cash to any mobile phone number via text message.
Faster, optimized sending interface.
Import your address book for quick contact selection.
Add a note to your payments.
Choose push notifications, text messages, or email notifications.