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Ripoff Report | Square, Inc. Squareup Review - Nationwide
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Report: #1142134

Complaint Review: Square, Inc. Squareup - Nationwide

  • Submitted:
  • Updated:
  • Reported By: johnny5 — calgary Alberta
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  • Square, Inc. Squareup Nationwide USA

Square, Inc. Squareup Deceptive deposit practices Calgary Nationwide

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I have been using squareup successfully for my business for several months.  My average transaction is 100.00 4-5 times a week.

 My complaint is the advertised "next day," or "1-2 business days," for a deposit

In fact, it takes 3-4 days.  Yet the money as taken off my clients card immediately.  Its a safe bet that Square banks on this and holds out transfering the funds as long as possible to earn interest.

 If youre a small business relying on the funds being there the next day, dont count on it.

This report was posted on Ripoff Report on 04/27/2014 02:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/square-inc-squareup/nationwide/square-inc-squareup-deceptive-deposit-practices-calgary-nationwide-1142134. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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