Square's Free Processing Programme
When you invite friends to join Square, you both benefit from rewards – including credits on processing fees up to £1,000 in sales over the next 180 days (6 months). You’ll also have the option to take advantage of £20 off a Square Terminal or Square Stand when referring someone to Square.
Share Your Referral Link
You can share your link directly from your Square Point of Sale app or Square Dashboard.
For you to receive your referral reward, the new people you refer must be new to Square when they activate their Square account and use your referral link to sign up.
Note: Currently, referrals can only be made within the same country in which your business is located. Cross-border free processing is not available at this time.
Customise Your Referral Link
Create a custom referral link that’s easy to remember and on-brand with your business.
Note: Creating a custom referral link will invalidate any previous links associated with your account. Make sure to update and share the new custom link going forward.
Add Your Link to Receipts & Invoices
Select Your Reward
After a business you refer creates a Square account using your referral code, we’ll notify you to select a reward. Look out for the notification via email, in your Square Point of Sale app or in your Square Dashboard.
Note: If a reward is not selected 30 days after a new seller activates their account using your referral code, your credit on processing fees up to £1,000 in sales will be automatically applied to your account.
If you refer more than one friend, you will not be able to combine your £20 redemption code for the Square Terminal or Square Stand. You will only be able to apply one discount code per order. In addition, £20 redemption codes can only be used once.
Track Your Free Processing
While your free processing offer is active, after each payment, we’ll automatically credit your Square balance for the transaction fee, and the reimbursements will be grouped with your next transfer. Learn more about your transfer schedule options.
To view your reimbursements:
Visit the Balance tab of your online Square Dashboard.
Use the date selector tool in the top left of the page to select a custom date range.
Select a transfer from the list to view your free processing credits included in that day’s transfer.
Processing fees are reimbursed to your account on each transfer. Once you process £1,000 of payments or 180 calendar days have passed, your standard pricing will apply.
Note: If you process a refund, Square will first look to your Square balance to cover the refund, including any associated fee reimbursements. If there are insufficient funds in your Square balance, Square will debit your linked bank account.