In the attached Newsy video article with Mikah Sargent (Oct. 16, 2013) we hear of the latest pay/debit option from Square - Square Cash. Square Cash also appeared on The Hacker News Oct. 16, 2013. Mikah and Newsy tell us that you can now e-mail cash debit payments using the Square Cash app. It seems awesome and impossible but it appears to be true. Also it is claimed that the Square Cash app/mobile payment system is "foolproof" and you need not worry about spoofing. However, must one still worry about a NSA MTM attack?
A sign-up with the Square Cash service is needed to start your account - also an e-mail address and debit card account to link together. You can forget about using a credit card for this service - that would seem to be a sensible prohibition. When e-mailing a payment of some type it is necessary to copy email@example.com and include the $ amount in the subject. Domestic transfers will not be charged a fee according to Examiner's and other sources. Mikah does repeat another source that suspected frauds will be refunded. Even a "100% secure mobile payment system" must have a refund policy.
For help setting up your Square Cash e-mail use this link. You may also link for help with IOS and help with Android. One wonders if Square Cash may set up a "Square Bitcoin" service? One advantage that Square Cash appears to have is simplicity. It seems easy to set up - provided you are living in the current era. But one can only hope that the hackers will not swoop down on the Square Cash system and e-mail those dollars to their own sites.