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Are processing fees deducted before deposit is made or will I receive an invoice for fees each month
New user, and I need to know this before I start using this for my business. Are the processing fees deducted prior to my funds being deposited into my bank account or will I receive an invoice for the processing fees each month like eBay does?
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Before, so you'll never have to worry about paying us or sending an invoice. You fess are subtracted per transaction and will be sent to your bank on our standard deposit schedule.
You can track each transaction and the fees taken out right from your Square Dashboard, follow these steps.
- Visit the Deposits tab in your online Square Dashboard.
- Use the date selector near the top-left corner to select a date range of your choice.
- Click on the deposit you’d like to view to see the deposit details, including individual card payments.
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