May 24, 2021

Square Nears Launch of Checking, Savings Accounts

Mark Gurman, Kurt Wagner, and Jennifer Surane, on

Evidence of the still-unannounced plan appeared in hidden code in a recent update to Square’s app for Apple Inc.’s iPhone and iPad. The code references both types of accounts and indicates that the checking version will integrate with Square’s existing debit card for businesses

The closure of Simple and transfer of its accounts to BBVA have been rough. The App, the fees and overall experience have not been great. Hoping Square is an option soon.


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