Why havel I been chared $0.01 to my account?

I just signed up for the square and have not used it or even received it but my bank account has been chared 1 cent twice now.  Why is this?

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This is part of the Banking account verification process.  This is stated in the sign up process.  Once verified you can use your account.  The card reader is not linked to your account specifically so any Square reader connected to your device will work.

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