Eligible customers increase their purchasing power to buy more from your business.
Square Capital pays your invoice, then your customers repay us with monthly payments.
When customers choose Square Installments, Square Capital determines who is eligible, then handles repayment.
We clearly show the total cost of paying in monthly installments before your customers accept.
Continue to send your customer invoices using Square.
Your customer will have the option to check eligibility to pay in monthly installments for select invoices between $250 and $10,000.
Eligible customers can select to pay over 3, 6, or 12 months at an APR of 9.99%, or upfront using other payment options.*
Upon acceptance, your business gets paid upfront and your customer makes fixed monthly payments to Square Capital.
Numbers are for illustrative purposes only
We’re piloting this feature, and during this period you pay no additional cost for Square Installments. All you pay are the fees normally associated with Square Invoices. Future pricing may vary, but rest assured we will never charge you for this service without your explicit consent.
For any questions you receive from your customers, please inform them to refer to their Square Invoice for more information. You can also ask them to email Square Capital directly at email@example.com. Please note: Square Capital may change or suspend Square Installments at any time.