I have 10 e-commerce websites, and each shop generates an average of $10,000 in sales daily, totaling $100,000 across all 10 shops. If I integrate SquareUp payment method into my online store, can I receive and withdraw $100,000 daily? What is SquareUp's daily transaction limit, as well as its weekly and monthly limits?
@rakib_sarker According to Square: "Square doesn’t have transfer limits with our standard or custom schedules. We won’t hold funds based on the amount, frequency, or type of transaction."
There is no limit on the amount of business you can do with square. Now if you are talking about instant transfers and using the square card, there are limits to what you can do on a per transaction basis.
The complete info is here: https://squareup.com/help/us/en/article/3807-deposit-options-with-square
If you have to be able to transfer your money instantly each day with that kind of volume...you have a liquidity crisis on your hands. As a business owner, you should never have to depend on that day's sales to stay afloat. That is just asking for problems. With that type of volume you should have a good local bank to receive deposits and do transfers.
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