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johnrobertmack

Can I send a transfer instantly after taking a payment?

[This post was updated by moderator in 2019 to reflect a name change - deposits are now called transfers.]

 

I discovered instant transfer after a transaction processed. Now, I'd like to make those funds available instantly. I don't think the funds are going to hit until tomorrow, and I really need them today. Can I do this, and if so, how? Thanks.

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VanKalkerFarms Super Seller

Re: Can I send a deposit instantly after the fact?

Best Answer

Instant transfer is available after you process the transaction.  It isn't something you have to choose while taking a payment.   For information on instant transfer and how to set it up, follow this link.  You have to link a debit card in the app and not all debit cards are supported for instant transfer.

 

Instant Transfer Support Center Article

 

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Message 2 of 35
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VanKalkerFarms Super Seller

Re: Can I send a deposit instantly after the fact?

Best Answer

Instant transfer is available after you process the transaction.  It isn't something you have to choose while taking a payment.   For information on instant transfer and how to set it up, follow this link.  You have to link a debit card in the app and not all debit cards are supported for instant transfer.

 

Instant Transfer Support Center Article

 

View Best Answer >

Message 2 of 35
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johnrobertmack

Re: Can I send a deposit instantly after the fact?

Oh heck yeah. Thanks for the info. I was afraid to go in and try to set it up without knowing, because I know sometimes, once you set an account parameter, it's impossible to change. You're a lifesaver! Thanks for the speedy reply!! My money is already in my account!!!!

Message 3 of 35
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Kipper1980

Re: Can I send a deposit instantly after the fact?

How am i supposed to have 50$ in account in order to do instant transfer 

Message 4 of 35
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VanKalkerFarms Super Seller

Re: Can I send a transfer instantly after the fact?

@Kipper1980 you need to have taken in at least $50 in credit card transactions in a day before you can use instant transfer.  once you have more than $50 in pending transactions then you are able to initiate the instant transfer feature.

 

 

"Minimum amount is $50 USD and maximum is $10,000 USD in a single transfer.  Limits start at $500 USD per day for new sellers."

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Jennbxny82

Re: Can I send a transfer instantly after the fact?

I am a new member and I know limit is $500 for instant transfers . my balance is over that . is there a way I can just instant transfer the $500??

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Russell Square

Re: Can I send a transfer instantly after the fact?

Hi @Jennbxny82 - it isn't possible to split a payment for Instant Transfer. Payments larger than the limit will be transferred following our Next Business Day Transfer Schedule.

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ADH

Re: Can I send a transfer instantly after the fact?

What is the duration period for being a "new" seller? As far as being able to instant transfer for than $500 at a time?

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Admin

Re: Can I send a transfer instantly after the fact?

Hello @ADH! As you continue to grow your business with Square, a higher daily instant transfer amount may become available. As soon this is available to you, you'll automatically see the option to use instant transfer when you have a balance greater than $500.

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CaliSparky

Re: Can I send a transfer instantly after the fact?

Helen,

zi'vr brrn set up on Square for a few years now averaging around $10,000/month n sales. (sometimes less some more) When does the instant transfer start going higher than the %$2500? I've got  a 3300$ transfer I could use at this moment....

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