The company promises a more streamlined money exchange with the new Apple Watch app that prioritizes favorite contacts and presents users with accept or deny transfer messages right on their wrists. After choosing a contact on the app's home screen, users can input their desired amount using a combination of six values: $1, $2, $5, $10, $20, and $100.
Square also lets users collect money from others without the need of doling out personal information they're only comfortable with family and friends knowing. Called a "Cashtag," the service essentially lets each user claim a unique username -- all beginning with a "$" -- and share it with the person from which they want money.
Those with the Square Cash iOS app already installed -- and automatic downloads turned on -- can expect to see the Apple Watch app on their smartwatch starting today. Everyone else can download the app for free on the App Store [Direct Link].