Square Extended Rate Offer Terms and Conditions

A new card-present processing rate of 2.6% + 15¢ will apply to all card present payment types, including all dip, tap, and swipe payments, Cash App Pay, and API card present payments (Terminal API, POS API, Reader SDK, and Mobile Payment SDK) for new sellers starting on February 25, 2025 and for existing sellers starting on March 27, 2025.

To qualify for an extension of your current card present processing rate of 2.6% + 10¢ (“extended rate offer”), you must have created a Square account before February 25, 2025 and have an active and up to date paid subscription to at least one of the following Square software products by 11:59 pm PT on March 26, 2025: Appointments (Plus, Premium), Square for Restaurants (Plus, Premium, Kiosk, KDS), Square for Retail (Plus, Premium), Invoices Plus, Customers Pro, Loyalty, Email Marketing, Messages Plus, Text Message Marketing, Payroll, Shifts Plus, Staff (Plus, Premium), Advanced Access, Team Communication, Team (Plus), HR (Experts, Manager), Square Online (Personal, Plus, Premium, Performance, Professional), Franchise Suite. To learn more about Square’s integrated hardware and software solutions, start here.

Sellers with paused subscriptions will need to reactivate at least one subscription by 11:59 pm PT on March 26, 2025, and Sellers in their free trial period for any of the above listed Square software products as of March 27, 2025 must convert to a paid subscription to at least one product at the end of the trial period to take advantage of the extended rate offer. Sellers must maintain their qualifying subscription through June 26, 2025 to continue to take advantage of the extended rate offer.

The extended rate offer will be applied to qualified Sellers’ accounts through December 31, 2025, after which the new standard rate will apply. For sellers who do not meet the eligibility requirements, the new card present processing rate of 2.6% + 15¢ will apply starting on March 27, 2025. Square reserves the right to rescind the extended rate offer and apply the new card processing rate of 2.6% + 15¢ to any seller that Square deems in its sole discretion to be abusing the extended offer terms.