You agree not to join or start any class action lawsuit against Square — all disputes must be handled individually, not as part of a group.
This analysis describes what Square's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Class actions allow many people harmed by the same practice to join together; waiving this right means each merchant must individually pursue small claims, making it economically impractical to challenge widespread harmful practices.
Square's terms grant the company broad discretion to hold, delay, or withhold merchant funds for risk management reasons, which can significantly disrupt business cash flow. Merchants waive their right to participate in class action lawsuits and must resolve disputes through binding arbitration, limiting their legal remedies. You can opt out of the arbitration clause by sending written notice to Square within 30 days of first accepting the terms.
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Class action waivers in financial services agreements are subject to ongoing regulatory and judicial scrutiny; compliance teams should monitor CFPB rulemaking and applicable state law (particularly California) that may limit enforceability of such waivers.
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Coinbase's User Agreement includes a mandatory arbitration clause that most users may not have reviewed. Here is what the clause states and how the opt-out process works.
561 arbitration provisions across 197 platforms. ConductAtlas tracks how dispute resolution is being restructured across the internet.
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Class actions allow many people harmed by the same practice to join together; waiving this right means each merchant must individually pursue small claims, making it economically impractical to challenge widespread harmful practices.
ConductAtlas has identified this type of provision across 86 platforms. See the full comparison.
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