以小企業(yè)支付系統(tǒng)聞名的Square公司開始為用戶提供支票和儲蓄賬戶業(yè)務(wù),正在成為一家全面發(fā)展的新型銀行。
由于在今年早些時候,Square拿到了銀行執(zhí)照,所以從7月20日開始,這家公司向用戶提供免費支票和儲蓄賬戶服務(wù)。Square銀行(Square Banking)的產(chǎn)品主管克里斯蒂娜?瑞切斯表示,公司在2019年推出了借記卡,新的支票服務(wù)Square Checking是其自然延伸。
現(xiàn)有的Square借記卡用戶將自動開設(shè)支票賬戶,由美國聯(lián)邦存款保險公司(FDIC)擔保。Square將繼續(xù)和薩頓銀行(Sutton Bank)合作,作為賬戶開戶行。
新客戶開設(shè)的賬戶沒有傳統(tǒng)銀行最低存款額的要求,也無需支付每月8到12美元的管理費。此外,Square賬戶還有一個優(yōu)勢:不限制用戶每月的交易數(shù),也不允許透支。在一些大銀行,超額交易的費用每筆可以高達75美分,而透支每次可能要花費近40美元。
在使用ATM機時,Square本身并不收取任何費用,但客戶可能需要支付一小筆運營費。Square沒有自己的ATM機,但該公司表示,它的借記卡能夠在任何接受萬事達卡(Mastercard)借記卡的ATM機上使用。Square還在計劃,用戶應(yīng)該很快就可以用Square Point of Sale的應(yīng)用程序來存支票了,像美國銀行(Bank of America)和摩根大通(JPMorgan Chase)等傳統(tǒng)銀行一般都提供這項服務(wù)。
有了新的支票賬戶,用戶就能夠即時訪問他們通過Square收取的銷售收入。通過Square借記卡,用戶可以立即使用這些資金,也能夠進行ACH轉(zhuǎn)賬,或使用Square Payroll服務(wù)直接給員工發(fā)工資。
這項新的Square金融服務(wù)(Square Financial Services)還將提供另一種新服務(wù)——儲蓄業(yè)務(wù)Square Savings。儲蓄賬戶同樣免費,存款年收益為0.5%,這是目前商業(yè)儲蓄賬戶提供的最高利率之一。0.5%的利率將持續(xù)到2021年12月31日,Square稱之后的利率可能會發(fā)生變化。
現(xiàn)有客戶可以注冊新儲蓄賬戶(由美國聯(lián)邦存款保險公司擔保),賬戶有自動儲蓄功能。商戶能夠根據(jù)不同的需求設(shè)置多個錢包,例如季度稅或未來設(shè)備采購等,為每個錢包設(shè)定儲蓄目標,這樣銷售額就可以按比例(比如說,1%)自動存入特定錢包。
與Square的支票賬戶一樣,客戶開設(shè)儲蓄賬戶沒有最低存款要求,也沒有月度管理費和余額要求。
“Square的儲蓄賬戶和支票賬戶不收取任何費用,這個決定比我們之前預(yù)想的還要重要?!比鹎兴拐f,她曾經(jīng)和商戶們聊過,費用是讓他們使用個人支票賬戶而非商業(yè)銀行賬戶的一大原因。
Square進軍銀行業(yè)之際,正值該公司在小企業(yè)中的使用率上升。該公司稱,去年活躍的Square借記卡商戶數(shù)量同比增長了140%。此外,這些商戶賬戶的總余額同期增加了250%。
除了新的支票賬戶和儲蓄賬戶,Square還將其貸款部門更名為Square 貸款(Square Loans,以前叫Square資本)。瑞切斯稱,貸款業(yè)務(wù)“沒有發(fā)生根本變化”,但將成為Square銀行產(chǎn)品套件的一部分。這樣商戶打開自己的銀行業(yè)務(wù)界面時,就能夠看到是否有可以申請的貸款。
瑞切斯說:“得益于公司的支付業(yè)務(wù)打下的堅實基礎(chǔ),我們不僅能夠為商戶提供一些非常特別的服務(wù),還可以繼續(xù)完成我們經(jīng)濟賦權(quán)的使命,同時也能夠為更多的中小企業(yè)提供服務(wù)?!保ㄘ敻恢形木W(wǎng))
譯者:Agatha
以小企業(yè)支付系統(tǒng)聞名的Square公司開始為用戶提供支票和儲蓄賬戶業(yè)務(wù),正在成為一家全面發(fā)展的新型銀行。
由于在今年早些時候,Square拿到了銀行執(zhí)照,所以從7月20日開始,這家公司向用戶提供免費支票和儲蓄賬戶服務(wù)。Square銀行(Square Banking)的產(chǎn)品主管克里斯蒂娜?瑞切斯表示,公司在2019年推出了借記卡,新的支票服務(wù)Square Checking是其自然延伸。
現(xiàn)有的Square借記卡用戶將自動開設(shè)支票賬戶,由美國聯(lián)邦存款保險公司(FDIC)擔保。Square將繼續(xù)和薩頓銀行(Sutton Bank)合作,作為賬戶開戶行。
新客戶開設(shè)的賬戶沒有傳統(tǒng)銀行最低存款額的要求,也無需支付每月8到12美元的管理費。此外,Square賬戶還有一個優(yōu)勢:不限制用戶每月的交易數(shù),也不允許透支。在一些大銀行,超額交易的費用每筆可以高達75美分,而透支每次可能要花費近40美元。
在使用ATM機時,Square本身并不收取任何費用,但客戶可能需要支付一小筆運營費。Square沒有自己的ATM機,但該公司表示,它的借記卡能夠在任何接受萬事達卡(Mastercard)借記卡的ATM機上使用。Square還在計劃,用戶應(yīng)該很快就可以用Square Point of Sale的應(yīng)用程序來存支票了,像美國銀行(Bank of America)和摩根大通(JPMorgan Chase)等傳統(tǒng)銀行一般都提供這項服務(wù)。
有了新的支票賬戶,用戶就能夠即時訪問他們通過Square收取的銷售收入。通過Square借記卡,用戶可以立即使用這些資金,也能夠進行ACH轉(zhuǎn)賬,或使用Square Payroll服務(wù)直接給員工發(fā)工資。
這項新的Square金融服務(wù)(Square Financial Services)還將提供另一種新服務(wù)——儲蓄業(yè)務(wù)Square Savings。儲蓄賬戶同樣免費,存款年收益為0.5%,這是目前商業(yè)儲蓄賬戶提供的最高利率之一。0.5%的利率將持續(xù)到2021年12月31日,Square稱之后的利率可能會發(fā)生變化。
現(xiàn)有客戶可以注冊新儲蓄賬戶(由美國聯(lián)邦存款保險公司擔保),賬戶有自動儲蓄功能。商戶能夠根據(jù)不同的需求設(shè)置多個錢包,例如季度稅或未來設(shè)備采購等,為每個錢包設(shè)定儲蓄目標,這樣銷售額就可以按比例(比如說,1%)自動存入特定錢包。
與Square的支票賬戶一樣,客戶開設(shè)儲蓄賬戶沒有最低存款要求,也沒有月度管理費和余額要求。
“Square的儲蓄賬戶和支票賬戶不收取任何費用,這個決定比我們之前預(yù)想的還要重要?!比鹎兴拐f,她曾經(jīng)和商戶們聊過,費用是讓他們使用個人支票賬戶而非商業(yè)銀行賬戶的一大原因。
Square進軍銀行業(yè)之際,正值該公司在小企業(yè)中的使用率上升。該公司稱,去年活躍的Square借記卡商戶數(shù)量同比增長了140%。此外,這些商戶賬戶的總余額同期增加了250%。
除了新的支票賬戶和儲蓄賬戶,Square還將其貸款部門更名為Square 貸款(Square Loans,以前叫Square資本)。瑞切斯稱,貸款業(yè)務(wù)“沒有發(fā)生根本變化”,但將成為Square銀行產(chǎn)品套件的一部分。這樣商戶打開自己的銀行業(yè)務(wù)界面時,就能夠看到是否有可以申請的貸款。
瑞切斯說:“得益于公司的支付業(yè)務(wù)打下的堅實基礎(chǔ),我們不僅能夠為商戶提供一些非常特別的服務(wù),還可以繼續(xù)完成我們經(jīng)濟賦權(quán)的使命,同時也能夠為更多的中小企業(yè)提供服務(wù)。”(財富中文網(wǎng))
譯者:Agatha
Square, best known for its small-business payment systems, is becoming a full-fledged neobank, offering checking and savings accounts to its users.
Starting from July 20, Square will start offering fee-free checking and savings accounts to users, after obtaining a banking charter earlier this year. The new checking service, Square Checking, is a natural extension of the company’s debit card, which launched in 2019, says Christina Riechers, Square Banking’s head of product.
Existing Square debit card users will be automatically rolled into the new FDIC-insured checking account. Square is continuing to use Sutton Bank as its partner to provide this account.
New customers can open an account without any of the traditional minimum deposits or monthly maintenance fees that can typically run $8 to $12 a month. Another bonus: Square doesn’t limit the number of transactions users can process each month or allow overdrafts. At some of the biggest banks, fees for excess transactions range up to 75¢ each, while overdraft fees can set customers back nearly $40 per occurrence.
When it comes to ATM fees, Square itself doesn’t levy any, but customers may have to pay a small operator fee. Square doesn’t operate any of its own ATMs, but the company says its debit card can be used at any ATM that accepts Mastercard debit cards. Square is also planning to soon allow users to deposit checks—a commonplace feature at traditional banks like Bank of America and JPMorgan Chase—using the Square Point of Sale app.
The new checking account will provide users with instant access to the credit card sales they process via Square. Users can immediately use those funds via the Square debit card, make ACH transfers, or directly pay employees using Square Payroll.
The other new service, Square Savings, will be offered under the new Square Financial Services. It is also a fee-free account and offers a flat 0.5% APY, which is among the highest interest rates currently being offered in a business savings account. The 0.5% interest rate will run through Dec. 31, 2021, after which Square says the rates will be subject to change.
Existing customers will be able to enroll in the new FDIC-insured account, which does offer some automated savings functions. Sellers can design multiple folders for different needs, such as quarterly taxes or future equipment purchases, and then set up savings goals for each that will automatically direct, for example, 1% of sales toward a specific goal.
As with Square’s checking options, customers can open a savings account with no minimum deposit, and there are no ongoing monthly maintenance fees or balance requirements.
“The fact that Square savings and checking accounts don’t have any fees with them ends up being a bigger deal than we might have even realized,” Riechers says, adding that when she’s previously spoken with sellers, one of the big things that has kept them using a personal checking account rather than opening a business bank account has been the fees.
Square’s latest foray into banking comes at a time when the company has seen increased usage among small businesses. Last year, the number of active Square debit card sellers increased 140% year over year, according to the company. Additionally, total balances among these sellers increased 250% in the same time period.
Along with the new checking and savings accounts, Square is rebranding its lending arm as Square Loans (previously called Square Capital). Riechers says that there are “no fundamental changes” to these loans but that this unit will now be part of Square’s banking suite of products. So if a seller goes to their banking dashboard, they will be able to see if they have a loan offer, for example.
“Being connected to payments just gives us a really strong base to offer something quite special to our sellers,” says Riechers, “and to continue on this mission of economic empowerment; to continue expanding access to small-business owners.”