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Square cost me my largest account

Square cost me my largest account! I setup my account and my first transaction was $10,800 and the card went through but the funds were put on hold until they verified various things. I sent them everything, and after 4 days they deactivated the account with no explanation, I called and they had no explanation. I lost my customers order because it missed the shipment window and they have stated they will move their business to someone else.

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Date of experience: Jun 17, 2025