Square’s Cash iOS app adds ‘Nearby Payments’ for sending money over Bluetooth

Cash, the app launched by payments company Square last year for personal money transfers, today updated with a new way to send money on iOS 8 over Bluetooth LE. The feature is called Nearby Payments and allows users to send and receive payments by using Bluetooth to find and connect with nearby users. That’s opposed to the previous methods the app already offered including sending payments via text message and email. In case you’re wondering why it’s iOS 8 only:

@bzamayo Apple significantly improved BLE in iOS 8, which allowed us to build a reliable experience for paying people nearby.

— Square Support (@SquareSupport) October 7, 2014

Square notes that users will be able to select preferences for nearby visibility to allow either everyone or only contacts to see their availability. Today’s update to version 2.1 also includes the ability to “Quickly approve or decline money requests with actionable push notifications.” 

The updated Cash app by Square is available for free on the App Store now.