Square’s Free Processing Program
When you invite friends to join Square, you each benefit from reimbursed card processing fees. For each person who activates their account through your referral link, you’ll receive reimbursements on processing fees up to €1,000 in sales over the next 180 days (6 months). After activation, your friends will also receive €1,000 in free processing.
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 our transfer schedule options.
Once you process €1,000 in payments or 180 calendar days have passed (whichever happens first), you’ll be automatically charged your usual per-transaction fee going forward.
Check your remaining free processing balance at any time by logging into your online Dashboard.
How to Refer Friends
Share Your Referral Link
You can get your link directly from your online Square Dashboard or from your POS app. Here’s how:
From Square Dashboard:
Log in to your online Square Dashboard, click Account & Settings.
Within the Account tab, click Get Free Processing. Your referral link will be listed on this page.
You can choose to share your unique link on Twitter or Facebook, or simply copy and paste it into any social media status or emails to friends.
From Point of Sale app:
Download or log in to your POS app.
From the navigation menu, select Settings > Account.
Tap Send referral which provides the option to either enter in the email address of the person you wish to refer or copy your referral link to share via text message, Twitter, Facebook or elsewhere.
New sellers must activate their Square account using your referral link in order for a referral reward to be issued.
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
From the Account & Settings section of your online Square Dashboard, click Get Free Processing.
Click Customise, located to the right of your referral code.
Enter a custom 10-character code.
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.
Track Your Free Processing
From the Free Processing section of your online Square Dashboard, you can view your current free processing balance. You will also receive an email each time a friend activates an account through your link.
Your transfer notification emails from Square include a running balance of your remaining free processing. You can also check your free processing balance anytime by logging in to the Pricing and Services in your online Square Dashboard.
View Reimbursed Processing Fees
To view your free processing reimbursements, visit Balance in your online Square Dashboard and use the date-selector tool to choose a date range of transfers. Select a transfer from the list to view your free processing credits included in that transfer.
You can also view your reimbursements by downloading the Transfers spreadsheet from the same Balance tab. Your free processing reimbursements will populate beneath the associated transactions.
Learn more about navigating your Balance page and exporting your transfer history.
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. The full sale amount is always returned to your customer and Square returns any associated reimbursement to your free processing balance.