As you consider if you would like to use Square or Stripe as your payment processor in Popmenu's online ordering platform, we'd encourage you to consider the following!
Have you ever received a payment dispute?
If you encounter frequent credit card disputes from your customers, you may want to consider using Square! Square never charges you an additional fee for a dispute. Learn more about about how Square's process for credit card disputes. Stripe charges between $15-$20 for every dispute, regardless of if you win or lose the dispute.
Would you like to group your transactions together to follow your business hours?
If your restaurant has unique hours, you can customize the time you’d like transactions grouped for daily transfer. This is called your close of day time.
Setting a close of day time ensures you’ll receive a single transfer for a full day’s payment activity – making bookkeeping a breeze. Read more about customizing your close of day time with Square. Stripe always ends their business day for a restaurant at 7:00 UTC time.
Do you need more flexible disbursement timing of your funds?
With Square, you can choose when to receive your funds. Square doesn’t have transfer limits with their standard or custom schedules. Square will not hold funds based on the amount, frequency, or type of transaction. Read more about all of the transfer options Square provides!