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Deposits: Can I switch from 1-2 day deposit to instant?

The title of this thread has been edited from the original: Deposits

 

Was trying to instant deposit funds and accidentally set it up for 1-2 day deposit. Is there any way to reverse and redo?

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Square Community Moderator

Hi there, @Platinumdent1 - thanks for bringing this question forward. Deposit options can be tricky, but I think I can provide some clarity here!

 

You can edit your deposit schedule at any time from your Account & Settings tab. Log into the Dashboard. Select Settings > Business > Deposits > Deposit Speed. 

 

Once you are into the Deposit Speed settings, you will see that you can select the timeliness that your deposits transfer over to your bank account. Keep in mind, if you move to a deposit schedule other than 1-2 business days, it will incur a 1% fee due to it being considered an Instant or Same Day deposit. 

 

I hope this is helpful! Lastly, I will say welcome to the Seller Community! We are happy to have you. Let me know if you have any questions. 

Joe
Community Moderator, Square
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