so Square is holding all my credit card deposits from the last three days that I sent through yesterday. my local community has been stressing that they have been doing it for no reason and been holding them for a while and that in the contract it says they are able to do.
in the economy it can only cripple a business, but actually cause it to close or be evicted.
anyone else having this issue because I know three of my local town that are
@Llafrey ;
According to : https://issquareup.com/united-states
Now you also say that Square is Holding Credit Card income for the Last 3 days...... so today is Monday that would mean over the weekend. Square transfers payments M-F and does not do so over weekend or Bank Holidays.
I checked my bank and I have Payments Pending from Square, which means my delay is at my bank since Square sent the money and now my bank is waiting to confirm this amount.
for eight years every Monday my deposit is pending and shown available balance
several other businesses have said that they've had deposits held through Square and they have not been resolved since I posted it has been credited to my account, but I am nervous about using Square for credit cards.
this was the first time it has not shown available, so I'm not a new first time user
@Llafrey ;
My Bank changed something a few weeks ago, that my Balance would increase even though Square showed Pending now my balance does not increase and still shows Pending.
Now what you can do is:
If the above all checks out you are probably one of the customers effected by Transfer issues as stated in my other post above. You can call Square Support , numbers below in my signature line, to find out more about this because no one on this forum would be able to tell you if the delay is because of this Transfer issues or if Square is Holding your funds for another reason, which I doubt if you been doing business with Square for 8(+/-) yrs.
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