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Payroll Direct Deposit description

We just realized that our direct deposits into our employee and contractors' accounts are deposited with description "Square Inc." We found that odd as we were under the impression that our business name under payroll settings is what is being used as description.

 

I submitted a request asking product management to consider this update as it's the correct one. Our company is the payer and not Square Inc.

 

What does everybody think?

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