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
15 Changes · 12 mo
Jun 9, 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
10 provisions · 2 high · 7 med
Data Collection
9 provisions · 6 high · 3 med
Data Sharing
4 provisions · 2 high · 2 med
Data Usage
3 provisions · 1 high · 2 med
Liability Limitation
3 provisions · 2 high · 1 med
Account Control
3 provisions · 2 high · 1 med
Acceptable Use
2 provisions · 2 med
Data Retention
2 provisions · 2 med
Indemnification
2 provisions · 2 med
Policy Changes
2 provisions · 2 med
Quick Facts
Arbitration: Mandatory
Data Retention: Specified
Class Action: Waived
Key Governance Provisions
High Identity Verification and Biometric-Adjacent Data Collection

Biometric data and government-issued identity documents are among the most sensitive categories of personal information, and their collection triggers specific legal obligations in several US states …

High Sharing Data with Advertising and Analytics Partners

Sharing personal data with third-party advertising partners for targeted advertising purposes may qualify as a sale or sharing of personal information under CCPA/CPRA, triggering opt-out rights for C…

High Collection of Payment and Financial Data

Payment and banking credentials are among the most sensitive categories of personal data, and understanding how they are stored, shared, and protected is critical for any user of Square's services.

High Fund Hold Authority

For merchants who rely on payment proceeds to cover daily operating costs, a fund hold of up to 90 days can create serious cash flow problems, especially if the hold is triggered by an automated risk…

High Mandatory Arbitration and Class Action Waiver

The class action waiver means that if many users experience the same problem with Square, each person must pursue their complaint individually rather than collectively, which can make it economically…

Document Coverage
Privacypolicy Termsofservice
Last change detected: Jun 9, 2026 Changes (12 months): 15 Documents monitored: 2 Provisions tracked: 34
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Documents

Square Privacy Notice

Medium

Square's Privacy Notice establishes the data collection, use, and sharing practices for Square's payment processing, point-of-sale systems, Cash App, and related financial services. The notice specifies that Square collects payment …

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

Square Terms of Service

High

Square's terms of service establish the contractual framework governing merchant and buyer use of Square's payment processing platform, point-of-sale systems, and financial services. The agreement includes a mandatory individual arbitration …

Last updated May 5, 2026 · Terms of service
8 provisions 8 versions captured Version history →
📈 Policy Drift Analysis View all changes →

Medium Severity Provisions (9)

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 15 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 ($19/month) can add Square to their watchlist and receive same-day email alerts whenever any tracked document changes.