Instalments for Square hardware is a flexible payment option that allows you to purchase the Square hardware you need for your business while paying for it in monthly instalments. Add your items via Square Shop to get started. All applications are subject to approval.
Instalments give you a flexible way to make sure that you get the hardware you need for your business while allowing you to pay in easy monthly instalments. You can pick the option that works best for your budget and business.
Log in to your Square account, add hardware to your cart, and select the instalments option at checkout. Enter a few basic pieces of information to identify yourself and we’ll let you know if you’re approved instantly. If approved, review and complete your first instalment payment. Once you’re done, your hardware will be on its way.
When you are interested in financing a purchase, our system checks to see if your business is eligible for an instalment plan. This includes checking the credit report of your business or, if no business credit report is available, checking the consumer credit report of the account owner applying on behalf of the business. If your business credit report is used, your score there may be affected. However, if your consumer credit report is used, your score there won’t be affected.
Unfortunately, we’re unable to approve every application. Please know that all applications are considered on a case-by-case basis, using a credit score we obtained from Equifax and also based off of our internal approval requirements. Please also know that this does not prevent you from applying for a hardware instalment plan in the future.
You may contact Equifax by visiting their website. You can also reach Equifax by contacting them through the website links we provided in the decline notice we emailed you.
Your monthly instalment payments will be made automatically using the credit or debit card that you provide at the time of your purchase. If we are unable to complete payment(s) from your credit or debit card, we attempt to debit the bank account associated with your Square Account.
Yes! You can pay in full at any time. Contact Square Support and let us know you’d like to make a prepayment for the full balance of your hardware. There is no cost to make a prepayment for the full balance of your Square hardware.
Refunds are available on returns made within 30 days of your order. Fill out a Return form and we’ll email you a shipping label. Package your hardware and send it back. After we receive your return, you’ll be refunded all instalment payments made to date.
Your Square hardware will arrive within 2-7 business days after checkout. You’ll get a order confirmation email. We’ll also email you as soon as your order ships with a tracking number so you can Track and Trace via the TNT website.