Square updated its Terms of Service with an effective date of October 10, 2026, introducing new restrictions on competitive use of the Services and expanding the scope of content Square can use and license. The updated terms now explicitly prohibit using the Services to build or support products that compete with Square's offerings, and they grant Square broader rights to collect, use, and license business brand assets (names, logos, menus, photos) from public sources and use them for Block's business purposes including product development and model training. Additionally, Square revised its payment collection procedures to establish a primary payment method at signup, with fallback authorization to collect fees from transaction proceeds or account balance if the primary method fails.
Businesses: You cannot use Square to develop or help others develop products that compete with Square's offerings.
Businesses: Square can now collect your public business information and branding from the internet and use it to train AI models and develop new products.
Businesses: You warrant that your business branding is yours to license and that Square's use of it won't violate anyone else's rights; you must tell Square if that's not true.
Businesses: You pick a primary payment method when you sign up, and Square can automatically collect fees from your transaction proceeds or account balance if that method doesn't work.
Businesses: Square's rights to use your business content now explicitly include using it to develop and train AI and other new products.
The updated terms establish a non-compete restriction prohibiting sellers from using Square's Services to build or support competing products or services, with account termination and indefinite fund holds stated as potential consequences for violations. Square now authorizes collection of your business brand assets (names, logos, menus, photos) from publicly available sources and grants itself and its subsidiaries broad rights to use, modify, and prepare derivative works of those assets for Block's business purposes, including developing, training, testing, and improving products and services. The revised payment terms require you to select a primary payment method at signup, and authorize Square to collect fees from that method or, if collection fails, from your transaction proceeds or Square account balance; you represent and warrant that any linked bank account was not established for personal purposes and that you are an authorized user on it.
→ Review the non-compete language to determine whether your current or planned product development activities may conflict with the restriction.
→ Audit your public business information and branding to understand what Square may collect and use for AI training; use the tools Square provides to remove or replace business brand assets if you do not own sufficient rights.
→ Select and verify your primary payment method at signup or during account review to ensure Square collects fees from the correct source.
Across all monitored documents, Square has made 2 significant changes.
2 of Square's significant changes have been classified as negative for consumers.
Prohibits use of Square Services to build or support competing products or services; violations may result in account termination and indefinite fund holds.
Authorizes Square to collect business names, logos, menus, and photos from public sources and use them for AI training, product development, and other Block business purposes.
Requires selection of primary payment method at signup; authorizes fallback collection from transaction proceeds or account balance if primary method fails.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Wording edits to this record that do not change what it claims. Changes to a claim are published as corrections.
Square has introduced a contractual non-compete restriction, expanded content licensing to explicitly include AI training and model development, and revised payment authorization procedures. Organizations using Square in their vendor stack should evaluate whether the non-compete …
Regulatory exposure, obligation change, escalation trigger, board-ready language, and recommended action for legal and compliance teams.
Unlock the full institutional analysis — InsightConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-X-005026.
Square updated its Terms of Service to add a new section titled 'Square for Multi-Legal Entities Terms of Service,' which …
Square updated its Privacy Notice to add new language governing data sharing within multi-location merchant groups and to clarify restrictions …
Square expanded its privacy notice to disclose new data collection practices related to its Trust Center, a compliance documentation portal. …
Get the weekly coverage letter
Companies change their terms without announcing it. We capture governance documents, compare each new version with the last, and publish what changed, with the source text behind it. One email a week on what we found and what we could not reach.
Get alerted when this policy changes again, including what changed and why it matters.