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A comment on Square UK Launches.

Re:Square UK Launches by falsedan on Tuesday March 28, 2017 @10:26AM (#13976787)
> See deposits in your bank account as soon as the next business day

That's a bit slow for the UK, most payments settle in 5 minutes with an upper limit of 2 hours for bank-to-bank transfers…

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Re:Square UK Launches by markhowe on Tuesday March 28, 2017 @10:29AM (#13976816)
Bank transfers maybe, but Card processors are rarely that quick - merchant account's are rarely same day into bank, at least from what I've seen.
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Re:Square UK Launches by martinald on Tuesday March 28, 2017 @01:35PM (#13978694)
Yeah I was surprised to see stripe doesn't use faster payments in the UK.
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Re:Square UK Launches by falsedan on Tuesday March 28, 2017 @10:33AM (#13976855)
Oh, true enough. I've only seen the user-side of the transactions.
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