Well when I said not too long I didn't mean a few months. I meant about 9 years going on 10. I've used Rectangle for a few months now and yes I have read the contract there is nothing like that in mine.What confuses me is that he hasn't been in business long, but is out 30,000k and now has enough history to recommend a new service? RM, How long have you used Rectangle? How do you know that they are not going to hold your money either? Did you read their contract? Do they have a similar clause.
I have been using square for over a year now and have had no issues. The payments have always been in my account the next day. Also I looked at rectangles website and they scream fly-by-night. So If I was making a jump, it wouldn't be to rectangle.
I know their website isn't the best but you can't judge a book by its cover, the product is fantastic. If you're happy with Square you should stay with them I just wanted to help everyone avoid any issues down the road and save money while doing it.