Square’s Free Processing Program
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 Reader 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 process a minimum credit card payment of €1 using your referral link.
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 you update and share the new custom link from now on.
Add Your Link to Receipts & Invoices
View Your Referral Status
You can see which rewards are available in the Rewards &Referrals section of your Square Point of Sale app or the Get Free Processing section of your online Dashboard. You can also track the status of your referral, nudge them to sign up by resending their invitation and see whether they’ve taken their first payment.
Your referrals will be displayed along with their status:
Waiting for sign-up: Referee has not completed the creation of their Square account. You can tap Nudge to resend the email invitation to the referee.
Waiting for first payment: Referee has an active Square account but has not processed their first minimum credit card payment of €1 using your referral link.
Complete: Referee has signed up for a Square account and accepted their first payment with Square. Select the Claim button to choose a reward.
Note: If you refer more than one friend, you will not be able to combine your €20 off redemption code for the Square Reader. You will only be able to apply one discount code per order. In addition, €20 off redemption codes can only be used once.
Select Your Reward
After a business you refer creates a Square account using your referral code and processes their first payment for €1 or more, 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 and processes their first payment of €1 or more, your credit on processing fees up to €1,000 in sales will be automatically applied to your account.
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 at 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. The full sale amount is always returned to your customer, and Square returns any associated reimbursement to your free processing balance.