thread Re: $250,000 limit and cutoff in Archived Discussions (Read Only)

$250,000 limit and cutoff

Jhndsmth17 — Wed, 05 Jan 2022 02:16:32 GMT

Hello everyone. Does anyone else or does everyone have a limit of $250,000 per quarter limit for what they can accept in payments? If so what are yall doing iif you limit out early say 1 month early, and you then have to wait a whole month before you can charge and accept payments again? This is putting me in a great bind almost every quarter now! Thank you

Re: $250,000 limit and cutoff

VanKalkerFarms — Wed, 05 Jan 2022 22:59:40 GMT

I have not heard of this. It could be on newer accounts that there are limits. I take well over 4 times that in a quarter without issue but My Square account is also over 11 years of processing.

Re: $250,000 limit and cutoff

Minion — Sat, 08 Jan 2022 13:20:20 GMT

This could be an issue with new accounts like @VanKalkerFarms stated. You may want to contact Support to see if there is infact a quarterly restriction and if so, if it can be removed or what can be done to address the issue.