Does square take out their percentage BEFORE they deposit into your account?

Hi,

Does square take out their percentage BEFORE they deposit into your account?

 

TIA 🙂

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Square Community Moderator

Thanks for your question, @Lea-lea

Yes, Square's processing fees are deducted before funds are transferred to your linked bank account. The fees apply to the total amount of each transaction, including GST and tips.

You can learn more about how our processing fees work on this page.

If you have any other questions, please let us know!

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