Square Invoices Makes Collecting Payments Effortless
Overall Satisfaction with Square Invoices
I utilize Square Invoices personally to bill for my political consulting work and expenditure reimbursements from clients. It is a simple and easy way to collect payments while providing documentation for my clients for campaign reporting to the Missouri Ethics Commission and the Federal Elections Commission.
Pros
- Adding a customer to invoice is super simple and takes minimal effort.
- Payment collection is easy and seamless because Square Invoices allows the recipient to pay using credit/cards.
- One of the fest features is allowing invoices to be recurring. If my contract stipulates a flat fee monthly, I can set the invoices to recur monthly for the duration of the contract.
Cons
- The mobile app is only able to be used for stripe transactions. It would be nice to be able to access my outstanding invoices and other information using the mobile app.
- The fee for invoicing is extremely reasonable for how easy it is. At 2.75% per transaction, it's well worth it.
- I like that invoices can be printed and mailed or sent via email for easy online payment.
- I have a 100% collection rate on my invoices, and they are often paid within 24-48 hours of being sent, which saves me the time of chasing down checks, which can be especially cumbersome when I have multiple clients.
PayPal Payments is not nearly as user-friendly as Square Invoices, and payments are only near instant when the recipient of your invoice has a PayPal account. Of course, there is no fee associated with invoicing if your client has a PayPal account, but it's very rare that political campaigns do. Most often they will have a traditional bank account with a credit/debit card so that isn't much of a benefit. You are also not able to set invoices to reoccur like you are with Square Invoices.
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