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Suggestion - Deposit Options - Multiple Accounts

Like Square, my employer offers direct deposit as a way to receive my paycheck each month. They also allow for several accounts to receive a potion (either % or Amount) of the direct deposit. This is all set-up ahead of time and easily updated only as necessary.

 

For example, I have 25% going to a savings account automatically, every time there is a direct deposit. My employeer allows 5 such direct deposit accounts to receive a portion of my pay.

 

For small businesses, this would be great. For example, I know approximately 7% of our income is actually just taxes we collect. It would be nice if I can have 7% of my deposits, automatically to a savings account specifically for the taxes we collect. The more options the better.

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Admin

Hey there @lockedin! That is a great suggestion! Currently there aren't any foreseeable future plans on this. But we'll pass this feedback along to the appropriate teams. 

 

Thanks for your post! 

Bea_
Beta Community Manager, Square
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