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Innovation: The Money Is in the Email

While you can buy a $500 iPad at Amazon.com with a single click, sending even small amounts of cash to a friend or relative is still often a tedious and slow task. In most cases, you wind up doing exactly what you would have in 1957 — writing a check and mailing it. The recipient then has to cash it or deposit it in her bank account.

via Square Cash Review – The Money Is in the Email – Walt Mossberg – Personal Technology – AllThingsD.

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