Square · Square Privacy Notice

Data Retention for Legal and Fraud Prevention Purposes

Medium severity
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Why it matters

Even if you close your Square account or request data deletion, Square may retain certain records — including transaction history and identity data — to comply with financial regulations or fraud prevention obligations, limiting the practical effect of deletion requests.

Consumer impact

Square collects a wide range of personal and financial data — including transaction history, device identifiers, location data, government-issued ID, and inferred behavioral profiles — from both merchants and the consumers who shop at Square-powered businesses, even without a direct account relationship. This data may be shared with financial institution partners, service providers, and used for cross-product profiling and marketing purposes, which creates meaningful privacy exposure for everyday buyers. You can submit a data access, correction, or deletion request through Square's privacy rights portal at https://squareup.com/us/en/privacy/request.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Close Your Account
    To request account closure and associated data deletion, visit Square's privacy rights portal and submit a deletion request. Be aware that Square may retain certain financial records under legal compliance obligations even after account closure.

Applicable agencies

  • CFPB
    The CFPB oversees financial data retention practices for nonbank financial companies including payment processors, and handles complaints about data handling practices that affect consumer financial records.
    File a complaint →

Provision details

Document information
Document
Square Privacy Notice
Entity
Square
Document last updated
March 24, 2026
Tracking information
First tracked
April 1, 2026
Last verified
April 1, 2026
Record ID
CA-P-001737
Document ID
CA-D-00363
Evidence Provenance
Source URL
Wayback Machine
SHA-256
311409eb81b913c92600bb79bb319a485be267afc521fbf8d50f93f25568d3c6
Verified
✓ Snapshot stored   ✓ Change verified
How to Cite
ConductAtlas Policy Archive
Entity: Square | Document: Square Privacy Notice | Record: CA-P-001737
Captured: 2026-04-01 13:31:06 UTC | SHA-256: 311409eb81b913c9…
URL: https://conductatlas.com/platform/square/square-privacy-notice/data-retention-for-legal-and-fraud-prevention-purposes/
Accessed: April 4, 2026
Classification
Severity
Medium
Categories

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