Your bank statement's "SQ" letters are not a bad sign. They mean that the merchant you buy from uses Square company transaction services.
This article will help you understand what to do if a charge needs clarification. Howly's paramount tech specialists prepared it with all their expertise in scamming protection. If you seek more solutions, contact our support center 24/7.
Small businesses, like food trucks, pop-up stores, and independent contractors, frequently use Square because it's cheap and easy. Charges in your billing in such stores appear differently, but they always start with gosq.com or SQ on bank statement. For instance:
Remember where you were on the transaction date and what you might have bought. Do the following if you do not recognize the merchant's name on your bill.
You may likely face credit card theft if you don't recognize your statement's merchant name linked to the Square charge. Contact your bank to notify them of the fraudulent charge and request it back. Your credit card provider will investigate the transaction and try to fix the problem.
Furthermore, it's vital to routinely check your credit report and monitor your credit card receipts.
As a payment processing company, Square enables businesses to take in-store bank card payments.
The scam is probable if you don't identify the merchant linked with the charge. Notify your bank immediately for them to take action.
Check your credit card statements frequently for any odd activity, and check your credit report. In case of fraud, contact your bank and ask for a chargeback.
A Square charge denotes a transaction completed through the Square payment gateway. There may be fraud if the seller who charged is unfamiliar to you. Immediately contact your credit card provider and take precautions against additional fraud.
Contact our tech team if you need a detailed consultation on bank fraud. We are open 24/7 for you.