Payments: Pausing Deposits

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Hi Seller Community,

Today we're introducing another option for transferring your money from Square to your bank account: manual deposits. This means your money will be available in your Square balance instead of automatically being transferred to your bank account on a next business day basis. When you decide to manually transfer your money, it’ll arrive in your bank account the next business day.

How to activate manual deposits:

1. Go to Deposits > Settings in your Dashboard or Deposits on the Square Point of Sale app.
2. In the Deposit Schedule section, select Manual. 

Here’s how it looks in your Dashboard:

Here’s how it looks in the app:

Once you send manual deposits, funds will arrive in your account on a next business day basis.

Learn more about your deposit options.