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What is a direct deposit?

Would a transfer of funds every 2 weeks to my linked bank account be considered a direct-deposit 

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Square Community Moderator

Hey there, @Beauty_byL

 

Welcome to the Community! 

 

Correct, transferring directly to your bank account is considered a direct deposit. The funds are send via ACH, which is the way those types of deposits are made. 

Kassi
Community Moderator, Square
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How can I set up a direct deposit of payment?

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Square Community Moderator

Hi there, @Rjuste - I can step in for Kassi on this one.

 

Once you attach your bank account to your Square account, you will receive your daily deposit of transactions directly to your bank account at the end of every business day.

 

Hope this helps clarify a bit!

Joe
Community Moderator, Square
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