Your payment processor can freeze your funds. Know when the rules change.

The updated terms establish clearer, more precise timing for referral bonus eligibility, reducing ambiguity about when the 21-day deposit and subscription windows begin and end. The addition of explicit reimbursement authority creates a new financial risk for program participants who violate terms, as SoFi can now reclaim bonus payments and potentially create negative account balances.

The updated terms establish new legal liability for AI Agent actions and restrict how merchants may use Stripe-generated data, potentially affecting compliance with FCRA and EU AI Act requirements. The 48-hour data breach notification timeline creates an operational requirement that organizations must be able to meet, and the expanded disclosure requirements increase the complexity of incident response procedures.

The updated terms establish mandatory arbitration for substantially all disputes, including those arising before or after the agreement, and eliminate access to class actions and jury trials. This change materially restricts the remedies available to users and shifts dispute resolution from courts to arbitration, which typically offers less discovery, limited appeal rights, and individual-only relief.

The updated terms establish a contractual non-compete restriction that may limit sellers' ability to develop competing services using Square's platform, and they expand Square's rights to collect and use seller business branding for AI training and product development without per-use consent. The revised payment procedures establish a primary payment method framework with fallback authorization to collect from transaction proceeds or account balance, which affects how fees are collected and may impact cash flow management for sellers.

The updated terms establish that Coinbase can automatically transfer your digital assets to a newer protocol version at its sole discretion, without advance notice, and Coinbase bears no liability for losses resulting from the transfer or the protocol upgrade itself. This materially shifts control over your assets from you to Coinbase and eliminates Coinbase's responsibility for execution failures or adverse outcomes, which is operationally significant for anyone holding digital assets on the platform.