Is instant deposit available for e-commerce web stores?

grq79 — Tue, 30 Jan 2018 22:45:03 GMT

I am trying to research what the payout schedule is with square payment gateway for an e-commerce web store. I have seen that square does allow for 1 -o-3 day payouts and instant payments. Is instant payment only for brick and mortar stores that have square POS?

Ideally, an instant payment option for web-stores would help on some of my higher priced SKU so I don't have worry about cashflow problems at times with my suppliers.

If this is an option, what are the fees associated with this option?

Re: Is instant deposit available for e-commerce web stores?

puka — Thu, 01 Feb 2018 00:00:44 GMT

Hey @grq79 - Those using our API or E-Commerce partners run on the same deposit schedule as those who use POS. As for the Instant Deposits feature, it might not be accessible to newer Sellers right away, but as you continue to grow your business with us, it should become available to you. Fees for Instant Deposits would be the same at 1% of your deposit amount. 👍🏼

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Is instant deposit available for e-commerce web stores?

Re: Is instant deposit available for e-commerce web stores?