Square Cash, the app from retail point-of-sale developer Square that lets you email money directly to your friends, has been update to let you text money directly to your friends. As before, Square Cash does this free of charge, and you can send a Square Cash text to any phone number to transfer fund from your debit card to theirs.
In addition to the sending of cash via text, version 2.0 of Square Cash is bringing the option to add notes to your payments, import your address book, set a profile picture, manage your notifications, and (with iOS 8) approve incoming Square Cash requests right from the notification.
Square Cash 2.0 is available for free from the App Store.
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Derek Kessler is Special Projects Manager for Mobile Nations. He's been writing about tech since 2009, has far more phones than is considered humane, still carries a torch for Palm, and got a Tesla because it was the biggest gadget he could find. You can follow him on Twitter at @derekakessler.