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Admin

Instant Transfer: Which Cards are Supported?

How do I know if my debit card will be supported for Instant Transfer?

Can I use my Prepaid Card?

Is there a list of supported debit cards?

What do I do if my debit card is not supported?

 

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

Message 1 of 49
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1 Verified Answer
Tom
Verified Answer

Re: Instant Transfer: Which Cards are Supported?

Hi @lm1 and @dis — thanks for flagging this and I'm sorry for the frustration.

 

Update: Bank of America Small Business Banking debit cards are now supported with instant transfer!  It sounds like there may be an issue with BOA and it's ability to support this feature. This means most BOA debit cards can be linked but if you have trouble with that card you can try linking a different debit card if you have one, or you can count on your deposits being sent based on our next-business day transfer schedule.

 

I hope this helps make things more clear for now.

 

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

1 Best Answer

Accepted Solutions
Admin

Re: Instant Transfer: Which Cards are Supported?

Best Answer

Hello everyone!

 

Instant transfer allows for Square Sellers to have their funds deposited and made available to them immediately.

 

While we don’t have a list of supported cards to share, instant transfer works with most standard, U.S.-issued Visa or MasterCard debit cards. These debit cards should be issued by a bank or credit union, and linked to a transactional checking account. 

 

This means that Credit cards, ATM, PayPal, or prepaid bank cards are not supported.

 

Instant transfer uses a variety of card networks to send funds instantly. So for every debit card, both the card network and bank must be set up to receive funds instantly.

 

The only way to truly know if your debit card is supported is to attempt to link your card, and card compatibility can change.

 

We're always working to include more card options; which is to say, even if your card isn't supported now, that may not always be the case! I'll also add that if your card is unsupported and you have more than one debit card, we encourage you to try linking additional cards, as these may be successful.

 

For more details and information, check out our Support Center article: instant transfer

 

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

View Best Answer >

Message 2 of 49
177,784 Views
48 REPLIES 48
Admin

Re: Instant Transfer: Which Cards are Supported?

Best Answer

Hello everyone!

 

Instant transfer allows for Square Sellers to have their funds deposited and made available to them immediately.

 

While we don’t have a list of supported cards to share, instant transfer works with most standard, U.S.-issued Visa or MasterCard debit cards. These debit cards should be issued by a bank or credit union, and linked to a transactional checking account. 

 

This means that Credit cards, ATM, PayPal, or prepaid bank cards are not supported.

 

Instant transfer uses a variety of card networks to send funds instantly. So for every debit card, both the card network and bank must be set up to receive funds instantly.

 

The only way to truly know if your debit card is supported is to attempt to link your card, and card compatibility can change.

 

We're always working to include more card options; which is to say, even if your card isn't supported now, that may not always be the case! I'll also add that if your card is unsupported and you have more than one debit card, we encourage you to try linking additional cards, as these may be successful.

 

For more details and information, check out our Support Center article: instant transfer

 

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

View Best Answer >

Message 2 of 49
177,785 Views
lm1

Re: Instant Deposit: Which Cards are Supported?

Hi! I am using my regular business checking account with bank of america debit card to do instant deposits. It's not working. I don't know why though...been having it for years and It's a basic regular checking account 

Message 3 of 49
117,201 Views
dis

Re: Instant Deposit: Which Cards are Supported?

I am having the same problem. It was working fine for about a month and now it keeps coming up as an unsupported card. I use Bank of America as well.

 

Message 4 of 49
117,196 Views
Admin

Re: Instant Transfer: Which Cards are Supported?

Hi @lm1 and @dis — thanks for flagging this and I'm sorry for the frustration.

 

Update: Bank of America Small Business Banking debit cards are now supported with instant transfer!  It sounds like there may be an issue with BOA and it's ability to support this feature. This means most BOA debit cards can be linked but if you have trouble with that card you can try linking a different debit card if you have one, or you can count on your deposits being sent based on our next-business day transfer schedule.

 

I hope this helps make things more clear for now.

 

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

Message 5 of 49
117,168 Views
Hair4alivin

Re: Instant Deposit: Which Cards are Supported?

I am having issues that my instant deposit is sent but then that night my bank kicks it back out I used instant deposit since the begining what changed? My bank said you changed how they were being sent help!!

Message 6 of 49
116,903 Views
Spenser Square

Re: Instant Deposit: Which Cards are Supported?

Sorry to hear about the trouble, @Hair4alivin

 

We're unable to look into account specific issues here in the Community, as it's public. If you haven't already, please contact our Support team directly. We'll take a closer look!

Message 7 of 49
116,895 Views
Hair4alivin

Re: Instant Deposit: Which Cards are Supported?

I do have an open case my bank is telling me the problem is square used to do instant deposit as a return now its done as an ATM deposit

Message 8 of 49
116,889 Views
PotByrne

Re: Instant Deposit: Which Cards are Supported?

How do I edit my listings? Also, please verify that my debit card is associated with Square.com

Message 9 of 49
1,798 Views
Admin

Re: Instant Deposit: Which Cards are Supported?

Hi @PotByrne! Welcome to the Community.

 

I'm not sure what you mean by "edit my listings". Can you be more specific?

 

I couldn't verify your debit card for you since we don't have access to account specifics here from the Community either. That would be something you'd need to contact our CS team about.

Message 10 of 49
1,599 Views