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Name Change: Deposits are now called transfers
Name Change: Deposits are now called transfers

Hello Seller Community!

 

We wanted to let you know that all Square tools named deposits are now called transfers. 

 

Also, in your Dashboard and the Square app the Deposits tab is now called Balance.

 

You’ll notice this change when funds are transferred to your linked bank account. For example:

 

  • Next-Business-Day Deposit is now next-business-day transfers 
  • Depositing money to your bank is now transferring money to your bank

 

Here’s what it’ll look like in the app:

 

unnamed (1).png

 

And that’s it! You don’t need to take any action. You’ll see these changes when you update your Square Point of Sale app after December 4, and your Dashboard will update automatically. 

 

Read more about your transfer options with Square in our Support Centre.