Chime Online Banking vs. Square Invoices

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Chime
Score 1.8 out of 10
N/A
Chime is an online banking solution from the company of the same name in San Francisco, allowing users to track account balances, daily transactions, and savings from anywhere with the Chime mobile app, and get daily balance notifications and instant transaction alerts any time for use of the included Chime Visa Debit Card.N/A
Square Invoices
Score 9.2 out of 10
N/A
Square Invoices is a software invoicing solution from Square headquartered in San Francisco, California.N/A
Pricing
Chime Online BankingSquare Invoices
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ChimeSquare Invoices
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Chime Online BankingSquare Invoices
Best Alternatives
Chime Online BankingSquare Invoices
Small Businesses

No answers on this topic

Method:CRM
Method:CRM
Score 8.5 out of 10
Medium-sized Companies

No answers on this topic

TimeCamp
TimeCamp
Score 8.3 out of 10
Enterprises

No answers on this topic

TimeCamp
TimeCamp
Score 8.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Chime Online BankingSquare Invoices
Likelihood to Recommend
1.7
(0 ratings)
9.1
(0 ratings)
Support Rating
1.0
(0 ratings)
9.7
(0 ratings)
User Testimonials
Chime Online BankingSquare Invoices
Likelihood to Recommend
I feel a 9 grade is appropriate as we were very satisfied with the product however there is always room for improvement. It was also encouraging knowing that when we did have minor issues with logging in on several occasions, the support staff was able to help rectify the problem very quickly. Thank you for this opportunity to present our feedback.
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Square Invoices is the best service that I have found for what it does: it's easy to use, nice to look at, and never seems to go to spam or be lost by clients. Clients mention that the setup is easier than services my competitors use. You can even attach your contract to the invoice, which is wonderful in case there are questions later on. Unfortunately, not being able to have clients alter quantities or select add-ons means for half of my services, I have to use a different, inferior service.
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Pros
  • Avoiding Overdraft Fees
  • Free Mobile Banking system
  • Pear to Pear payment system
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  • Very easy-to-use. Even non-technical users can very easily figure out how to send an invoice.
  • Notifications of payment. You can see if the invoice has been viewed, and you can include attachments to the invoice (such as a contract)!
  • Quick payouts straight to your bank account make life easy.
  • Easy to use mobile app for on the go.
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Cons
  • No areas for improvement as we were fully satisfied with the product.
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  • I wish there was a way to automatically calculate credit card processing fees based on an invoice's amount, and add that to the invoice
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Support Rating
When my money was stolen from my account I was told there would be an investigation between 15-45 days. They didn't investigate at all. The next day I was denied my claim after being robbed for $850.
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The only time I had a problem was a false chargeback from a client. Square Invoices referenced our contract and ruled in my favor, and they did so in a timely manner. I sent them the contract and my email history with the client, and they quickly unfroze the amount of money.
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Alternatives Considered
First of all, Chime Online Banking is really the best option for new users. The User Interface and User Experience of the Chime app are really great. There are comparatively faster money transactions with Chime Online Banking and it has no fees at all. It is more reliable. It also allows you to lock your card if it is stolen or lost which is a great feature. At last, it is more rewarding than other online banking services with a great team of customer grievances.
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I feel that for what it does, Square Invoices outperforms its competition. Because we have used the program for several years, we have seen how they continue to improve their service - making it user-friendly and accessible for a variety of needs. Other platforms are not as easy to set up, add items, and access funds after payment is received.
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Return on Investment
  • It saves us a ton of money each money in fees.
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  • 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.
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ScreenShots