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I’ve never had an issue with square transfers. My business having its turnover transferred usually by midday following day. Even fridays takings coming through mid Saturday. Now the instant transfer has been added my funds have now been kept for 3 business days and not being transferred for another 3!!! I can however PAY ontop of my already paid transaction fees to have my money instantly. Bad form square! No longer a small businesses best asset.
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Hello @ChocolateBlonde
Taking a look at your account, looks like everything is in good standing and automatic transfers are set up.
You can still use instant transfers for a 1.5% fee per transfer, in addition to Square’s standard card processing fees, but you don't have to. If you decide not to instant transfer your funds, they will be transferred according to your transfer schedule.
I am not quite sure what you mean when you mention your funds were kept for 3 business days, can you please elaborate on what happened?
Thank you and welcome to the Seller Community, we love to see new faces! ☺️
Community Moderator, Square
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