Step-by-step guide to sending your Square payouts to Novo:
1 - Navigate to the Apps section in the Novo app and search for Square.
2 - On the Square page, click on the "Set up Square payouts" button where you’ll be taken to the Square site.
3 - Log in to Square if you haven't already
4 - You should arrive on the Bank Accounts settings screen. If not navigate to your settings and select Bank Accounts
5 - Select the "Link Account" action and choose to link an External Bank.
6 - Enter your Novo account details. Square will then verify your Novo bank account which can take anywhere between a few minutes to up to 4 business days. Square may use micro-deposits to verify your Novo account. You may see a few cents deposited into your Novo account, and the same amount withdrawn from Square.
7 - Once verified, you will be able to see Novo as a linked Bank Account in your Square settings.
Note: Novo may appear as MIDDLESEX FED. SAVINGS, F.A.