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Tjauto76
10-15-2018
01:56 PM
Is my first transaction is more than $1,000 will they put a longer hold on the funds
If my first Square transaction is more than $1,000 will they put in a longer hold on the funds before they go into my account
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1 REPLY 1
Hi @Tjauto76
The transaction limit for every Square Seller is $50,000 per transaction, so you shouldn't have any trouble accepting a payment of that size.
While our Account Services team periodically reaches out to sellers for additional information about certain payments to make sure both buyers and sellers are safe, this isn't based off of a specific dollar amount.
Check out this article for tips on accepting card payments and how to protect yourself:
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