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How long after you take someone's payment from a card does it take to go in your bank account?

 
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Verified Answer

Re: Does anyone know how long after you take someone's payment from a card it goes in to your bank a

It is deposited into your account on the next business day. However there is a setting that you can turn on and off where for an extra fee it will deposited into your account on the same day if the transaction is before 7 pm.

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Hello there, make sure you go into the setting and set the correct time to deposit after your store closes for the evening. You can then bet it usually take around 2 to 3 days tops and you will know because square will show in your dashboard the next deposit and amount. Take care sir!
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It is deposited into your account on the next business day. However there is a setting that you can turn on and off where for an extra fee it will deposited into your account on the same day if the transaction is before 7 pm.

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The transaction occurred on 4-18-16 and has not been deposited into our bank account yeat.

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By now, the payment has been returned to the customer.
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Hi sooner, do you know where the settings is. Can I update this via the mobile app, and is there a large fee for this?
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Square

@no1 You can process an instant deposit right from your Square Register app. To send an instant deposit from an iPhone or Android device:


- From the Square app, tap the three horizontal lines on the navigation bar. 
- Tap *Activity* > *Instantly Deposit*.

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How do I use that feature or where do I located at
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Square

@Cheflonnie - You can check out more details about Instant Deposit here!


Sean
he/him/his
Product Manager | Square, Inc.
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Were is this settings 

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Admin

Hey @BigMan, you can adjust your deposit settings (e.g. Close of Day) from the Deposits tab in your online dashboard.

 

Learn more about deposit options in our Support Center. Hope this helps! 💸

️ Tom | he/him
Seller Community Manager | Square, Inc.
Find step-by-step help in our Support Center
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Where is the setting?  Why hasn't it been deposited by now if the transaction occurred on 4-18-16.

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We don't want to pay an extra fee but expect it to be deposited by now.

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