[Update] Easily sign up for checking and payments in one seamless process!

[#1]

Hi Sellers, 🌟

Good news! New accounts can now conveniently sign up for checking and payments in one step — opt out at any time. After every sale, your money goes directly into your free business checking account, putting your funds at your fingertips faster than ever. Cover business expenses, access funds, and move money whenever you need to.

All your money, all in one place

With Square Checking¹, you can immediately tap into your sales — so you can pay for supplies, inventory, and more. 

• Make a sale, and spend instantly with your Square Debit Card²
• Get up to 5 debit cards for your team
• Access direct deposits up to 2 days faster via ACH deposits³
• Deposit cash, write checks, and pay bills⁴
• View sales and spending all in one place

Spend on your own terms 

Pay with a debit card With Square Debit Card, your Square sales are automatically ready to spend — digitally or in person

Transfer money fast Transfer funds to an external bank for free the next business day or instantly for a small fee.5

Make bill payments  Your money is available right away, so you can send payments to your vendors via debit card, ACH, Bill Pay, or printable check.

This update has been auto-enabled at onboarding for new businesses using Square Payments and POS.

➡️ Visit your dashboard ⬅️

For more information on Square Checking, check out these support articles:

• Manage Your Square Checking Account
• Square Checking FAQ

¹Block, Inc. is a financial services platform and not an FDIC insured bank. FDIC deposit insurance coverage only protects against the failure of an FDIC-insured deposit institution. If you have a Square Checking account, up to $250,000 of your balance may be covered by FDIC insurance on a pass-through basis through Sutton Bank, Member FDIC, subject to aggregation of the account holder’s funds held at Sutton Bank and if certain conditions have been met.

²Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard.

Instant availability of Square payments. Funds generated through Square’s payment processing services are generally available in the Square Checking account balance immediately after a payment is processed. Fund availability times may vary due to technical issues.

ACH transfer fund availability: Instant availability does not apply to funds added to the Square Checking account via ACH transfer. ACH credit transfers to your account may take 1–2 business days.

³With early deposit access, Block, Inc. may make incoming electronic direct deposits made through ACH available for up to two days before the scheduled payment date. Not all direct deposits are eligible. Early availability of direct deposits is not guaranteed and may vary from deposit to deposit. Early deposit access is automatic and there is no fee.

⁴Cash deposited into your Square Checking account is generally available in your checking account balance immediately after a deposit is processed. Fund availability times may vary due to technical issues.

VanillaDirect Pay is provided by InComm Financial Services California, Inc. and by InComm Financial Services, Inc. (NMLS# 912772), which is licensed as a Money Transmitter by the New York State Department of Financial Services. Terms and conditions apply.

5 Instant transfer requires a linked bank account or supported debit card and costs a fee per transfer. Funds are subject to your bank’s availability schedule. Minimum amount is $25 and maximum is $10,000 in a single transfer. New Square sellers may be limited to $2,000 per day. Fund availability times may vary due to technical issues.