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Square adding a new payroll feature

Square is letting workers access some of their earned wages ahead of schedule, which could add fuel to the company’s recently booming banking business. San Francisco-based Square on Tuesday launched “On-Demand Pay,” which lets those using Square for payroll give employees up to $200 of a paycheck ahead of the normal biweekly schedule. Those funds can be funneled directly into Square’s popular mobile account, the Cash App.