Account Linking Terms

These Account Linking Terms (“Terms”) constitute a legal agreement between the business identified in your Square Account (“Seller” and together with you, “you” or “your”) and Square, Inc. (“Square,” “we,” “our,” or “us”). By submitting your business bank account username and password, you agree to these Terms. You represent and warrant that: (a) you are at least eighteen (18) years of age and are authorized to agree to these Terms on the Seller’s behalf; (b) the Seller agrees to these Terms; (c) the information you submit is accurate and complete; and (d) you are linking a business bank account.

Account Linking Service. Your business bank account information helps us determine if your business has sufficient sales to qualify for Square Capital. When you enter your business bank account username and password, you authorize access to your bank statements and other financial information associated with that account (“Account Linking Service”). To use the Account Linking Service, you must provide your bank account username and password for the primary bank account associated with your business. We share your bank account username and password with a third party service provider (“Third Party Service Provider”) that provides us with information about that bank account, such as deposits and withdrawals, credit lines, etc. in order to better understand your business. To help us determine your eligibility for a cash advance from Square Capital, we may review financial information associated with your business bank account, information on file with us, your Square Account (as defined below), and publicly available information. We may decline to offer Square Capital at any time prior to your receipt of funds if it is determined that you do not meet our eligibility requirements.

Square Account. You must have an account with Square (a “Square Account”) and have agreed to our Seller Agreement and E-Sign Consent policy to use the Account Linking Service. The Account Linking Service is one of the “Services” governed by the Seller Agreement. The Third Party Service Provider is a “Service Provider” under the Seller Agreement. Please review the terms of the Seller Agreement as they are incorporated herein by this reference.

Your Privacy. Your privacy is very important to us. By accepting these Terms, you confirm that you have read, understood and accepted our Privacy Policy. You also agree that we will share the bank account username and password you submit with the Third Party Service Provider. Other than sharing the information with the Third Party Service Provider, Square will only use and share your bank account username and password and any other information we collect or receive through your use of the Account Linking Service to evaluate eligibility for Square Capital and improve our services. The Third Party Service Provider may also use information collected or received through your use of the Account Linking Service to provide the Account Linking Service, perform fraud screening, and verify information across its network. To the extent permitted by law, the Third Party Service Provider may also use, sell, license, distribute, and disclose Aggregated Data. “Aggregated Data” is limited to information that has been (a) stripped of all personally identifiable information and nonpublic financial information and (b) aggregated with other customer data and usage information that has been similarly stripped of all personally identifiable information and nonpublic information.