A financial technology company that provides payment processing services, point-of-sale systems, and business management tools primarily for small and medium-sized businesses. The platform enables merchants to accept card payments, manage inventory, process payroll, and access lending services through integrated hardware and software solutions. Their privacy and terms policies are significant for both business customers who use their services and end consumers whose payment and personal data is processed through Square's systems.

2 Documents
34 All provisions 13 High severity 15 Medium severity 6 Low severity
22 Changes · 12 mo
Jul 25, 2026 Last change

High, provisions that significantly limit your legal rights, authorize broad data collection, or create material financial exposure. Medium, provisions worth knowing about but with partial protections or limited scope. Low, standard terms with minimal consumer impact.

Governance Coverage
Privacy Rights
29 provisions · 3 high · 22 med
Data Collection
26 provisions · 11 high · 15 med
Data Sharing
23 provisions · 10 high · 12 med
Contract Terms
21 provisions · 6 high · 12 med
Liability Limitation
18 provisions · 11 high · 6 med
Arbitration
15 provisions · 4 high · 10 med
Data Usage
11 provisions · 3 high · 6 med
Other
9 provisions · 3 high · 6 med
Acceptable Use
9 provisions · 3 high · 5 med
Intellectual Property
8 provisions · 3 high · 4 med
Quick Facts
Arbitration: Mandatory
AI Training: Disclosed (high impact)
Data Retention: Specified
Class Action: Waived
Key Governance Provisions
High One-Year Limitation Period to Initiate Dispute

A one-year limitation period is shorter than statutory limitation periods in many jurisdictions, meaning users who wait longer than one year may be barred from pursuing a claim.

High Class Action and Representative Action Waiver

Users lose the ability to join with others in collective legal action against Square and cannot have disputes decided by a jury, significantly limiting available legal remedies.

High Mandatory Individual Arbitration for All Disputes

Users are required to resolve virtually all disputes through individual arbitration rather than court litigation, limiting access to the court system except for small claims.

High Square Liability Capped at Three Months Fees or $500

This cap limits the maximum financial recovery available to users regardless of the actual harm suffered, which may be far less than actual losses.

High Consequential Damages Excluded from Square Liability

This exclusion covers virtually every recognized category of damages, including direct damages, meaning users may be unable to recover compensation for most harms caused by Square.

Document Coverage
Privacypolicy Termsofservice
Last change detected: Jul 25, 2026 Changes (12 months): 22 Documents monitored: 2 Provisions tracked: 34
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Documents

Square Privacy Notice

Medium

Square's Privacy Notice explains what personal information Square collects about you—including biometrics, location, and business data—how Square uses and shares it, and how long Square keeps it. Square has shared …

Last updated May 5, 2026 · Privacy policy
8 provisions 12 versions captured Version history →

Square Terms of Service

High

This document is Square's master agreement governing use of its services. It requires you to resolve nearly all disputes through individual arbitration — no class actions, no jury trials — …

Last updated May 5, 2026 · Terms of service
8 provisions 12 versions captured 1 significant change Version history →

Recent Changes

June 2, 2026 · Square Terms of Service Medium

Square updated its Terms of Service on June 2, 2026, with an effective date of July 1, 2026. The most substantive change replaces the prior 'Bellwether Arbitration' procedures for mass …

View change record →
📈 Policy Drift Analysis View all changes →

High Severity Provisions (13)

View all high severity provisions → Compare Square with other platforms →

Applicable Regulations

CCPA/CPRA
California, USA
View official text ↗
CFAA
United States Federal
View official text ↗
Connecticut Data Privacy Act Amendments
US-CT
View official text ↗
CAN-SPAM
United States Federal
View official text ↗
EFTA / Reg E
United States Federal
View official text ↗
FCRA
United States Federal
View official text ↗
FAA
United States Federal
View official text ↗
FTC Act Section 5
United States Federal
View official text ↗
GLBA
United States Federal
View official text ↗
Indiana Consumer Data Protection Act
US-IN
View official text ↗
Kentucky Consumer Data Protection Act
US-KY
View official text ↗
Universal Opt-Out Mechanism Expansion 2026
US
View official text ↗

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Frequently Asked Questions

What Square documents does ConductAtlas track?

ConductAtlas tracks 2 Square documents including terms of service, privacy policy, and other governance documents. Every document is captured daily with cryptographic verification.

How many policy changes has Square made in the past year?

Square has made 22 policy changes in the past 12 months across the documents ConductAtlas tracks.

How many provisions has ConductAtlas classified for Square?

ConductAtlas has classified 34 provisions across Square's tracked documents. 13 are rated high severity, 15 medium, and 6 low.

Can I get alerts when Square changes their policies?

Yes. Monitor subscribers ($4.99/month) can add Square to their watchlist and receive same-day email alerts whenever any tracked document changes.