"Squareup's privacy policy presents a low to medium risk profile, primarily due to the collection of basic data types and the use of tracking for advertising without clear opt-out options. The lack of transparency regarding third-party sharing and data retention practices further contributes to the risk assessment."
squareup Privacy Concerns & Scorecard
Lack of opt-out mechanisms for targeted advertising and vague retention policies limit user control.
Tracking for advertising purposes is conducted through cookies and analytics, but no opt-out mechanisms are mentioned.
No specific data retention period is mentioned, which raises concerns about indefinite retention.
Only basic data types are collected, specifically user agent and IP address.
No information is provided regarding third-party sharing, indicating a lack of transparency.
No recommended actions at this time.
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Terms of Service Updates
Two new service agreements introduced
Square added two new terms documents: 'Square Multi-Account Suite Terms of Service' and 'Square Multi-Legal Entities Terms of Service.' These govern new capabilities for managing multiple accounts and legal entities, expanding Square's service offerings and creating additional binding obligations for users.
Effective: October 10, 2026
Franchise terms replaced with Multi-Account Suite terms
The previous 'Square for Franchises Terms of Service' has been replaced with 'Square Multi-Account Suite Terms of Service.' This suggests a broader repositioning of the service beyond franchise-specific use cases to support multi-account management for various business structures.
Effective: October 10, 2026
Delayed implementation timeline for new terms
The effective date for these terms has been pushed back from June 1, 2026 (new terms) and July 1, 2026 (all sellers) to September 10, 2026 (new terms) and October 10, 2026 (all sellers). This gives users approximately 3 additional months before the new terms become mandatory.
Effective: September 10, 2026
Why We Analyzed squareup
TrueTerms automatically audits privacy policies and data practices using advanced machine learning to keep you informed and protected. This scorecard is based on the latest available public terms of service and privacy policies as of 2026.