Fast deposits come standard. When you take a payment with Square, you get your money in your bank account in one to two business days. Unlike with many other payment processors, this comes standard—no extra fees required.
Fast deposits come standard. When you take a payment with Square, you get your money in your bank account in one to two business days. Unlike with many other payment processors, this comes standard—no extra fees required.
Customer Reviews
Ashley P.
Advanced user of Square DepositsSquare offers instant deposits which makes life super easy. No waiting period. They also will offer capital based on your behavior. It's definitely helped with growing the business. Square has a really great app for different activities and a super simple interface. They also offer a lower transaction fee if you deposit enough cash. They also just added estimates, proposals and contracts which I'm obsessed with!
They charge 1.5% for instant deposit which I'm not a fan of. We can deposit in 3 days for free but sometimes you just need it right away. They recently raised the price for instant deposit so I don't love that at all. There's also a waiting period when you first enroll barring you from instant deposit but it's not a long period.
I wouldn't trade square for anything. It's hands down my favorite platform. Their chat support is wonderful and they really go above and beyond.
It's seriously a huge blessing as a small business owner to not have my funds on hold.