[PTRFRLL]

Free instant transfer was my favorite part of Square Cash, too bad they now charge a 1% fee.

[dawhizkid]

Interesting...I must be grandfathered in because all my transfers are still instant/free.

[felipellrocha]

How were they making money previously?

[LethargicStud]

They weren't, they were losing a lot.

[pbreit]

I do not understand how same-day vs next day is such a big deal.

And 1% fee is like 400% annual percentage rate. Is that even legal?

[xenity7]

It’s not a loan, and the 1% fee isn’t an interest rate, so annualization doesn’t make sense and usury laws don’t apply.

[basch]

"im standing at the atm, can you wire me $20 quick, ill pay you back tomorrow"

"i just overdrafted and dont want to get hit with a fee, ill pay you back tomorrow"

etc etc