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Is there an option to set up a interest charge for overdue payment?

I am wanting to have an item category to charge interest automatically instead of manually. Is there a way to do this.

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Square Community Moderator

Hey @beyondabeatenpa,

 

Thanks for writing in with this question. 

 

We don't currently have a way to automatically pass an interest payment for overdue payments onto your customer. If you're using Square Invoices, you could consider editing the invoice and adding a late fee manually or using reminders to let your customers know their payments are due.

 

Please let us know how you go!

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