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Couple of questions about account balances

Just wondering if there's any timeline for the following at Square Canada

 

 - loading funds from bank account on to square card (for cash payments that I receive)

 

 - transferring funds between locations on the same account.....

 

Thank you!

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Square

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Hello @Fringale, we are working on supporting transferring funds from one Square Card to another Square Card under the same account if you have a Square Card for each location. Does this address what you need in the second bullet?

Supporting loading funds from a bank account to Square Card isn't on our near term roadmap but this is definitely something we'd like to consider. Out of curiosity, what % of your sales come from cash payments? If we allow you to directly deposit cash at 3rd party ATMs or retail stores on to your Square Card balance, would you prefer this vs. depositing to your bank first and then load funds on to Square Card?  

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Square

Best Answer

Hello @Fringale, we are working on supporting transferring funds from one Square Card to another Square Card under the same account if you have a Square Card for each location. Does this address what you need in the second bullet?

Supporting loading funds from a bank account to Square Card isn't on our near term roadmap but this is definitely something we'd like to consider. Out of curiosity, what % of your sales come from cash payments? If we allow you to directly deposit cash at 3rd party ATMs or retail stores on to your Square Card balance, would you prefer this vs. depositing to your bank first and then load funds on to Square Card?  

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