Provision record
Square · Square Terms of Service · View original document ↗

Merchant Indemnification Obligation

Medium severity Unique · 0 of 352 platforms
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Document Record

What it is

If someone sues Square because of something you did using their service, you are responsible for paying Square's legal costs and any damages.

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)

This could expose merchants to significant unexpected financial liability if a customer or third party brings legal action related to the merchant's use of Square.

Recent Activity

This document changed recently

Medium Jun 2, 2026

The updated terms modify how arbitration disputes are resolved when 25 or more similar claims are brought against Square. Previously, Square's terms referenced 'Bellwether Arbitration procedures' under which test cases would be selected and remaining demands could proceed individually under standard rules if settlement failed. The updated framework establishes a mandatory mediation phase after initial arbitrations resolve, and requires remaining claims to proceed in batches of up to 100 rather than individually, with one arbitrator and consolidated fees per batch. This may reduce the procedural flexibility for claimants pursuing claims outside the initial test-case group, though the batch structure may reduce overall administrative costs. The terms now explicitly state that NAM shall administer batches concurrently and that parties will engage in a 'single global mediation' before batch proceedings commence.

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Cross-platform context

See how other platforms handle Merchant Indemnification Obligation and similar clauses.

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ConductAtlas Analysis

Institutional analysis (regulatory & governance intelligence)

The broad indemnification clause, covering third-party claims arising from merchant use of Square's services, should be reviewed by risk and legal teams; it may create uncapped contingent liability exposure and should be assessed for consistency …

Insight

Unlock the full institutional analysis

Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.

Applicable regulations

FTC Act Section 5
United States Federal

Provision details

Document information
Document
Square Terms of Service
Entity
Square
Document last updated
May 5, 2026
Tracking information
First tracked
March 20, 2026
Last verified
March 20, 2026
Record ID
CA-P-00362005
Document ID
CA-D-00362
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
3d79cc9cc45aa3558212c7d86da79a91ba4fe8c01edd664c184c4b174d81f32c
Analysis generated
March 20, 2026 10:40 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Square
Document: Square Terms of Service
Record ID: CA-P-00362005
Captured: 2026-03-20 10:40:05 UTC
SHA-256: 3d79cc9cc45aa355…
URL: https://conductatlas.com/platform/square/square-terms-of-service/merchant-indemnification-obligation/
Accessed: Sept. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Square's Merchant Indemnification Obligation clause do?

This could expose merchants to significant unexpected financial liability if a customer or third party brings legal action related to the merchant's use of Square.

Is ConductAtlas affiliated with Square?

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