Just over a week ago we introduced Square Invoices, and we’re pleased to report that our sellers have already processed over $1M via invoicing. Even better, in that time we’ve learned a few tips to help sellers get paid faster…
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For quicker payments, send invoices to clients on Thursdays. We’ve found that invoices sent on Thursdays have the highest likelihood of being paid within two days by customers.
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Customize the due date of each invoice. With Square Invoices, sellers can add a message for the recipient to request that the customer issue payment upon receipt. This can lead to speedier payment returns.
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Avoid invoicing clients on Sundays. People are least likely to pay an invoice they’ve received on Sunday — it’s the laziest day of the week, after all.
