Square Installments FAQs For Business
Financial products such as Square Installments are highly regulated. For this reason, if your customers have any questions about Square Installments, please have them contact us via firstname.lastname@example.org. Looking for Square Installments FAQ for customers? Visit the Square Installments website.
Square Installments has temporarily been paused for all businesses. This is being done together with our lending partner Celtic Bank to maintain safe consumer lending standards through these uncertain times. Check out our Square Installments and COVID-19 FAQ page for more details.
With Square Installments, customers can easily apply to split their purchase into monthly payments — all while shopping at your store, at home, or online. With more time to pay, approved customers can buy more from your business.
Below you’ll find our most frequently asked questions on topics. If you have any questions or concerns about Square Installments, please contact us.
Cost and Availability
Other Frequently Asked Questions
*All loans through the Square Installments program are issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC, located in Salt Lake City, UT. Merchant is an independent third party from Celtic Bank, Square, Inc., and Square Capital, LLC. APR is fixed and ranges from 0-30%. 10% down payment required but may be waived for qualifying applicants. Actual terms will be based on creditworthiness and other factors. For example, a 12 month $2,100.00 loan with 15.00% APR would have 11 monthly payments of $189.55 and 1 payment of $189.39. Program terms apply.