1/5/2024 0 Comments Square dashboard![]() Similarly, if you want your money the same day, you can set up Square’s Same-Day Deposit option to receive your funds 15 minutes after close of business (5:15 p.m. There’s no limit to the number of deposits you can initiate in a single day, but it’s worth noting that you’ll be charged an additional 1 percent of the deposit amount on top of Square’s normal processing fees. If you want your money immediately, you can set up Square Instant Deposit to get up to $10,000 per deposit, 24 hours a day and 7 days a week (even on holidays). ![]() You can also customize your close of business time, and if you want to get your money even faster, you can add a debit card to your account so that you can either instantly receive your cash or get it the same day. ![]() ET into your account the next business day (technically speaking, it may take up to two business days to receive your money - and funds received Friday will arrive on Monday). Thankfully, this is easy with the Square Dashboard.īy default, Square is set up to deposit any funds accrued by 5 p.m. There’s little more important than actually seeing funds in your bank account. You can give employees permission to complete payments via the Virtual Terminal by adjusting their permissions in the Employee section of the interface. Transaction fee for Square Reader dashboard payments: 2.75 percent.Transaction fee for card-on-file dashboard payments: 3.5 percent +.Transaction fee for keyed-in dashboard payments: 3.5 percent +.Square charges a slightly higher transaction fee for payments processed via keyed-in entry and via cards on file: These payments are automatically recorded within the Sales and Reports section of the dashboard as card payments. On the other hand, if you do have a Square Reader, you can save yourself a few valuable seconds per transaction by plugging the device into the headphone jack of your computer or mobile device (for magstripe readers) or by connecting the Reader to your device via Bluetooth (for chip readers) so you can use it to swipe or dip credit and debit cards.įor each payment, whether swiped, entered manually, or via a saved card on file, you can send a receipt or print a receipt from the dashboard. Whether someone’s made a donation or placed an order via phone, snail mail, or email, you can still collect your hard-earned cash hassle-free (usually within one to two business days). Regardless of whether you have the supporting hardware to swipe cards, the dashboard makes it super simple to take payments and deposit funds in your account.īusiness owners and organizations that don’t have the Square Reader can enter customer or client credit or debit card information manually via the Square Dashboard. These are the Square Dashboard basics that most businesses and organizations need to know about:
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