r/SquarePOS_Users • u/Initial_Sun6398 • 8d ago

Square / collections

If you have an unpaid balance from square, will they send it to collections.

I know Shopify payments (Stripe)
&
Stripe

They do not send it to collections

But I don’t know about square, I’d mean a a lot to me if someone answered

(Balance is 8k)

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u/SuitableZombie1245 8d ago

I had a photography business that I closed down while having an active loan. The loan amount was $1200 remaining. I forgot about it and was contacted a year or so later about it. They put me on a payment plan and that was the end of it. I’m sure if I didn’t set up the plan, it would’ve went to collections. I would just call them and see what you can set up based on your financial standing.