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Square Community Moderator

Beta Invitation | House Accounts ๐ŸŽ‰

Hello Seller Community! 

 

We are currently accepting more sellers into our House Accounts Beta program! With house accounts, you can deliver a more convenient experience by creating a running bill that customers can pay later with automatic invoices.

1 Charge to a House Account.png

 

Benefits of this feature: 

 

  • Check out like any other sale
    Simply charge the purchase to the customerโ€™s house account on your POS so the sale gets recorded and inventory gets updated automatically.
  • Get paid on time
    Set up recurring invoices to send on schedule so customers can easily pay their balance online with a credit card or ACH payment.
  • Manage and track accounts easily
    Set spending limits and lock, unlock, or archive, archive accounts quickly from your Square Dashboard or point of sale.

Interested? ๐Ÿ˜‰
You can request to join House Accounts Beta by clicking the button below and joining the House Accounts Beta Community group. 

 

 

Join House Accounts

 

Note: Currently available in US only.

Danitza(She/Her)
Beta Specialist, Square
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Beta Member

Thank goodness, this is a must-have!  Thank you, Danitza.  

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Square Community Moderator

Hi! I replied in another thread, but I also wanted to follow up here. The feature has been enabled on your account! 

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We would absolutely love to be part of the House Accounts beta ... we have a car wash that uses Square POS, loyalty, payroll, appointments for our detailing work, and Square for Restaurants for our drive-thru coffee shop; however, we have corporate and fleet customers (like USPS and our local police dept) who have accounts that are billed monthly (retail customers pay @POS) and that function is the only one that doesn't use Square but is entirely manual/paper (they literally sign a sheet on a clipboard with name, service, date/time, etc and we have to manually compile all of that, scan copies to attach to the invoice, which we mail with a *stamp* like it's 1990).  This manual/paper process also introduces errors (worker gets the customer to sign on the wrong sheet, or the customer signs illegibly so that their accounting dept doesn't want to pay for that, thinking it might be an unknown/unauthorized user, etc.  So the House Accounts function would complete our comprehensive use of Square for all of our business and I think would be a perfect fit (and a great testimonial), and save lots of time, aggravation, and lost revenue.

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this would be so very nice. We have a customer that orders once a week from us and is billed once per month. It makes inventory a nightmare. Also we have been keeping a running total and they have been paying us via Venmo or some other way. This would make bookkeeping so much easier for us too 

Travis Owens-Whitehead
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We run a bar in a small town with a lot of regulars. Many of them run tabs and pay after several visits. This would allow us to keep up with who owes what. I still have unpaid tabs from over a year ago but having a more comprehensive way to keep track of this would be so beneficial for us! Thank you!

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Would this still require a higher transaction fee for keeping a card on file? The fee is currently higher for transactions where the card is not present.

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Did u ever receive an answer?

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Square Community Moderator

Hi @mcellitti and @Lorisilkey. Yes, the card on file fee is 3.5% + 15ยข per invoice. 

Danitza(She/Her)
Beta Specialist, Square
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