Hello Seller Community!
We wanted to let you know that all Square tools named deposits are now called transfers.
Also, in your Dashboard and the Square app the Deposits tab is now called Balance.
You’ll notice this change when funds are transferred to your linked bank account or debit card. For example:
- Next-Business-Day Deposit is now next-business-day transfers
- Instant Deposit is now instant transfers
- Same-Day Deposit is now same-day transfers
- Depositing money to your bank is now transferring money to your bank
Here’s what it’ll look like in the app:
And that’s it! You don’t need to take any action. You’ll see these changes when you update your Square Point of Sale app after December 3, and your Dashboard will update automatically.
Read more about your transfer options with Square in our Support Center.