Square updated its Privacy Notice to add new language governing data sharing within multi-location merchant groups and to clarify restrictions on text message data sharing. The updated terms now explicitly state that Square may share account data, usage data, and commercial information (including customer and employee data) with other account holders within the same merchant group where you have elected to share this information or been notified. The terms also add that mobile phone numbers provided for text messaging will not be shared with third parties for marketing purposes, and that consent records for text messages will not be shared except with service providers assisting with message delivery.
Businesses: If you operate multiple locations or are part of a merchant group, Square may share your customer and employee data with other locations in your group for management and reporting purposes.
Businesses: Your text message phone number is protected from being sold or shared with third parties for their marketing campaigns.
The updated terms establish explicit authorization for Square to share your account data, usage data, and commercial information (including customer directory data, customer transaction data, and employee/staff data) with other account holders within your merchant group, where you have elected to share this information or been notified. The account holder may use this information for group management, consolidated reporting, operational oversight, and business performance analysis. The terms also clarify that your mobile phone number provided for text messaging will not be shared with third parties or affiliates for marketing purposes, and that consent records for text messages will not be shared except with service providers assisting with message delivery. You can review the Square for Multi-Legal Entities Terms of Service for additional details on how data is handled within merchant groups.
→ Review the Square for Multi-Legal Entities Terms of Service to understand how your data may be shared within your merchant group
→ If you operate multiple locations, confirm with Square whether you have elected to share data across locations or whether you have been notified of this practice
ConductAtlas has recorded 2 material changes to this document over 40 days of monitoring (since August 2026).
Across all monitored documents, Square has made 3 significant changes.
2 of Square's significant changes have been classified as negative for consumers.
Square may share account data, usage data, customer transaction data, and employee/staff data with other account holders within the same merchant group where you have elected to share or been notified.
Mobile phone numbers provided for text messaging will not be shared with third parties or affiliates for marketing purposes, and consent records will not be shared except with service providers assisting with message delivery.
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 added explicit language authorizing data sharing within multi-location merchant groups and clarified text message phone number protections. For organizations using Square as a payment processor, this change may affect data processing agreements and …
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-005114.
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