You can learn more about transferring money on the Square page or watch a quick video about money transferring from the Square. Fees for different options vary from free to 1.5% of the sum. You can transfer funds to your bank account in several ways - by standard transfer schedule, same-day transfer, instant transfer, or manual transfers when you choose when to transfer your money.ĭepending on the option you choose, you can have the funds in your bank account in 1-2 business days or immediately. When can I withdraw money?Įvery time a customer makes an order, the payment goes to your Square account, and it’s available in your Square Balance. If you need to connect another Square account, disconnect your store from Square in your store admin → Other Channels → Square, then remove Square as payment method in your store admin → Payment and connect your store to another Square account. How can I connect another Square account to my store? If you already have an existing site where you want to accept payments through Square, you can add Ecwid online store to your website and then connect Ecwid with Square payment gateway. How can I accept payments through Square gateway on my site? Square takes a fee of 2.9% + $0.30 for processing your payments. Square retains the customer’s order data, and information about shipping and taxes. Orders also appear in your Square Control Panel. The order details contain a link to the corresponding transaction in Square. You can now receive credit card payments through Square payment gateway in your store.Īll orders paid via Square appear in your store admin, My Sales → Orders. The currency in your online store is set in Settings → Regional Settings → Currency. To make Square display as a payment option at checkout in your store, make sure that the currency in your Square account is the same as in your store account. You can provide the Square team with information regarding such a transaction and they will fight the dispute on your behalf. As with any transaction, there is always a risk that a buyer will dispute the purchase. You can also enhance the security of your Square account by enabling 2-factor authentication, account change notifications and adding employees with limited permissions. Square fraud prevention team watches over your account security 24/7 using live monitoring programs and will notify you if they suspect something unusual. Square is PCI Level 1 compliant and all card-present payments are encrypted from end to end. You can learn more about transparent Square pricing. So you can start taking payments via Square gateway right away. You do not have to visit a bank to open a merchant bank account. Account creation and verification takes minutes.Here is the list of benefits that you get by choosing Square to accept credit card payments in your online store: Customers can enter their credit card details right on your store’s checkout page, making the checkout process easier and faster. As a major payment provider, Square is available in the USA, the UK, Ireland, Canada, Australia, and Japan and accepts each country’s currency. You can accept payments in your Ecwid online store using Square online payment gateway.
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