Hi Seller Community 👋!
Starting a new business is incredibly exciting but there are also a lot to consider (and cost!). To make this process a bit easier, you can avail of Square’s free processing programme to receive rewards by referring new businesses to Square.
You can receive free processing by inviting your friends and other businesses to join Square using your referral link. For each person who activates their account using your referral link, you’ll receive reimbursements on processing fees for the next €1,000 of card payments over the next 180 days (6 months). Once they activate their account, your friends will also receive free processing for their first €1,000 of card payments.
To refer businesses to Square, you just need to share your referral link with them. You can get the link directly your online Square Dashboard or from your Square Point of Sale app:
From Point of Sale app:
❗Note: Currently referrals can only be made within the same country in which your business is located. This means for example, if you’re an Irish business, only new businesses based in the Republic of Ireland will be able to use your referral link to activate their account and get the rewards.
Additionally, each person you refer must be new to Square with no prior account, must complete their registration through your unique link and process a minimum credit card payment of €1 for both of you to receive the free processing offer.
🧾 Adding referral link to your receipt: Aside from manually sharing your referral link, you can also add the link to your receipt by clicking Receipt from Account & Settings and tick the box next to Show Referral Link > Save.
You can view your free processing balance from the Free Processing section of your online Square Dashboard. Every time a new business activates an account through your link, you’ll also receive an email!
📅 Note: Once you’ve processed €1,000 in payments or 180 calendar days have passed (whichever happens first), you’ll be automatically charged your usual per-transaction fee going forward.
Free processing reimbursements are applied on a per-transaction basis and are automatically grouped with your next transfer. You’ll still see the fee in your Sales Reporting and on your Balance tab, but you’ll see the reimbursement line item as well.
For example:
Have questions for us? Click Reply to the thread below 👇
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