Square · Square Terms of Service · View original document ↗

Mandatory Arbitration and Class Action Waiver

High severity Medium confidence Explicitdocumentlanguage Common · 132 of 343 platforms
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Document Record

What it is

If you have a dispute with Square, you generally must resolve it through individual arbitration rather than through the courts or as part of a group lawsuit. This means you give up the right to sue Square in court or join a class action.

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

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

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 impractical to pursue smaller claims.

Interpretive note: Enforceability of class action waivers varies by jurisdiction and has been subject to ongoing judicial and regulatory scrutiny, particularly in California.

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 3, 2026
First Seen
May 22, 2026
Last Seen
This clause type exists across 560 other provisions on other platforms.

Change history

modified May 22, 2026

Two separate high-severity provisions (Mandatory Binding Arbitration and Class Action Waiver) were consolidated into a single provision with explicit JAMS administration and enhanced language restricting individual claims.

View full change record →

Consumer impact (what this means for users)

Users who agree to these terms give up their right to take Square to court or participate in a class action lawsuit, and instead must resolve disputes through individual arbitration, which is typically a private process administered by a neutral arbitrator rather than a judge.

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.
  • Opt Out of Arbitration
    Within 30 days
    Within 30 days of creating your Square account, send a written notice stating that you are opting out of the arbitration agreement. Include your name, account information, and a clear statement of your intent to opt out. Send via certified mail to preserve a record of delivery.

How other platforms handle this

Teachable Medium

You and Teachable agree to resolve any disputes through final and binding arbitration, except as set forth under Exceptions to Agreement to Arbitrate below. You also agree that disputes will only be resolved on an individual basis and not as a class, consolidated, or representative action.

Substack Medium

Any dispute arising from or relating to the subject matter of these Terms shall be finally settled by arbitration in San Francisco County, California, in accordance with the Streamlined Arbitration Rules and Procedures of Judicial Arbitration and Mediation Services, Inc. ("JAMS") then in effect, by ...

Pinecone Medium

THESE TERMS REQUIRE THE USE OF ARBITRATION (SECTION 12.2) ON AN INDIVIDUAL BASIS TO RESOLVE DISPUTES, RATHER THAN JURY TRIALS OR CLASS ACTIONS, AND ALSO LIMIT THE REMEDIES AVAILABLE TO YOU IN THE EVENT OF A DISPUTE.

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▸ View Original Clause Language DOCUMENT RECORD
"
Any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof, including the determination of the scope or applicability of this agreement to arbitrate, shall be determined by arbitration before one arbitrator. The arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures. YOU AND SQUARE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.

— Excerpt from Square's Square Terms of Service

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

REGULATORY LANDSCAPE: The Federal Arbitration Act governs the enforceability of this clause in most U.S. jurisdictions. The CFPB has historically scrutinized mandatory arbitration and class action waivers in consumer financial services contracts; while a prior CFPB rule that would have restricted such clauses was overturned by Congress in 2017, regulatory posture in this area may evolve. The FTC retains authority over unfair or deceptive practices that could interact with how this clause is disclosed and implemented. GOVERNANCE EXPOSURE: High. Mandatory arbitration combined with a class action waiver is one of the most litigated provision types in consumer and small-business financial services agreements. Courts in California and other jurisdictions have periodically declined to enforce such waivers, particularly where they are found unconscionable or insufficiently disclosed, though outcomes are fact-specific and jurisdiction-dependent. JURISDICTION FLAGS: California courts have the most active track record of scrutinizing class action waivers in consumer contracts. EU users may have rights under applicable consumer protection directives that override arbitration clauses, making enforcement of this provision against EU residents uncertain. The agreement designates California law as governing, which creates additional complexity regarding enforceability against non-California users. CONTRACT AND VENDOR IMPLICATIONS: B2B procurement teams and merchants onboarding Square should flag this clause for review, particularly if their own agreements with customers include dispute resolution provisions that conflict. The clause asserts that even questions about the arbitration agreement's scope are decided by the arbitrator, not a court, which further limits judicial oversight. COMPLIANCE CONSIDERATIONS: Legal teams should determine within the 30-day opt-out window whether the organization wishes to preserve its right to court-based dispute resolution. Compliance teams should document the opt-out decision and maintain records of the notice sent. Organizations with operations in the EU or UK should assess whether this clause is compatible with applicable consumer protection law in those jurisdictions.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • CFPB
    The CFPB has jurisdiction over dispute resolution practices in consumer financial services agreements, including arbitration clauses used by payment processors.
    File a complaint →
  • FTC
    The FTC has authority over unfair or deceptive practices in consumer contracts, which may include inadequate disclosure of arbitration and class action waiver provisions.
    File a complaint →

Applicable regulations

FAA
United States Federal

Provision details

Document information
Document
Square Terms of Service
Entity
Square
Document last updated
May 5, 2026
Tracking information
First tracked
May 10, 2026
Last verified
May 10, 2026
Record ID
CA-P-001724
Document ID
CA-D-00362
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
d8ac8e421bd1a8cefc8d349f6d06a4553cc30967019834ba1a898217d3dd5d57
Analysis generated
May 10, 2026 01:45 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Square
Document: Square Terms of Service
Record ID: CA-P-001724
Captured: 2026-05-10 01:45:47 UTC
SHA-256: d8ac8e421bd1a8ce…
URL: https://conductatlas.com/platform/square/square-terms-of-service/mandatory-arbitration-and-class-action-waiver/
Accessed: July 4, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Square's Mandatory Arbitration and Class Action Waiver clause do?

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 impractical to pursue smaller claims.

How does this clause affect you?

Users who agree to these terms give up their right to take Square to court or participate in a class action lawsuit, and instead must resolve disputes through individual arbitration, which is typically a private process administered by a neutral arbitrator rather than a judge.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 132 platforms. See the full comparison.

Is ConductAtlas affiliated with Square?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Square.