How do I identify a Square POS charge on my bank statement?

[Helen]

When you make a purchase from a Square seller, your bank statement will show the characters SQ*, the seller’s name or business name and the business type. Charges can appear on your statement in a few different ways, especially if the business hasn’t listed their name.

The best way to locate this seller is to check your receipt. If you didn’t receive a receipt, you can look up your payment receipt from this page. 

[Helen · Accepted solution]

Just to add too - if there’s a debit on your bank account statement for a transaction that you don’t recognise you can find out more about this payment from Square’s receipt lookup website.

[BenOntario]

To identify a Square POS charge on your bank statement, follow these steps:

1. Look for SQ:* Square transactions are typically denoted with the characters SQ* on your bank statement. This is a clear indicator that the charge is related to a Square seller.

2. Check for Seller's Name or Business Name: The bank statement should also display the seller's name or business name associated with the transaction. This can provide further clarity on the source of the charge.

3. Business Type: Your statement may also mention the business type. This could be a brief description of the type of goods or services the seller provides.

4. Review Your Receipt: If you have a receipt for the transaction, it's one of the best ways to identify the seller. The receipt will typically have the seller's name, contact information, and details of the purchase.

5. Use the Payment Receipt Lookup: If you didn't receive a physical receipt, you can use the payment receipt lookup feature provided by Square. Visit their website or app, and you should be able to retrieve the payment receipt using the transaction details or card used for the purchase. This can help you confirm the source of the charge.

By following these steps, you should be able to easily identify and reconcile any Square POS charges on your bank statement.


Ben Jonathan 
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