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Can I Transfer Ownership of a Square Account?

Square account ownership is non-transferable.

Because a Square account is tied to the account holder’s Social Security Number (SSN), and the SSN isn’t something that can be updated on an account, we’re unable to transfer ownership of a Square account.

If you’re the new business owner, and the original account holder is no longer associated with the business or organization, we recommend the following:

  1. Download the previous account’s sales history.
  2. Contact the previous account holder and request that they deactivate the current Square account.
  3. Activate a new Square account using your own information. The same Employer Identification Number (EIN) and bank account can be used regardless of whether they were used with the previous account.