Need a Square recurring payments pre-authorized form (PAP)?
Thanks so much for all that information on small business and credit cards.
I was wondering if there is a need for a pre-authorized form with a program like Square. We just got a Square for our personal training business where we will change the client monthly for their personal training sessions. So with the monthly charge do we need to have them sign a form? If so does the form need to come from the bank or can I type one up and have the client sign off on permission for us to charge their card monthly?
You bet, and thanks for reading!
Square handles the pre-authorized monthly recurring payments a bit differently than, say, Quickbooks, because it’s all done electronically and you don’t need the signed form.
BUT – you can do it. Here’s how:
The thing to understand about Square vs other payment providers is that Square connects the recurring payment feature to invoices. So, invoices must be run to trigger the auto pay.
Here’s their how-to page to explain it further: https://squareup.com/townsquare/how-to-recurring-payments
Here’s how customers save their card on file: https://squareup.com/help/us/en/article/5770
I hope this is the answer you were looking for!