“how does it work..if I purchase the device from a store, how does the product transactions go to my bank?”
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1-7 of 7 Answers
The company connects directly to your bank account using routing numbers (much like a direct draft for billing but backwards!) The money is deposited within 24-48 hours with the 3% deducted. Working well for our small business. You can see all transactions with square through your banking statements, so you can keep track of when things are posted and the amount.
Sorry, there was a problem. Please try again later.You enter your account and routing number into the app and each time someone makes a purchase, it transfers the amount to your bank account, minus the 2.75% fee it charges per transaction. Hope this helps.
Sorry, there was a problem. Please try again later.You have to set up the product with your bank account info so that the money will transfer to your account.
Sorry, there was a problem. Please try again later.What you have to do is link you bank account to the product, do a test transaction and go from there. Easy.
Sorry, there was a problem. Please try again later.Buy me buying the product and using my raouting and accounting number
Sorry, there was a problem. Please try again later.First, make sure to link a supported, transactional bank account to your Square account. When a sale is made, Square will automatically process the payment and transfer to your bank account next biz day. Additionally, we offer more transfer options if you need access to funds quicker - More here - https://squ.re/2B9dHWZ
Sorry, there was a problem. Please try again later.This links with the software and the software is linked to your bank.
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