As an affiliate marketer, partnering with a major financial brand like Square can be extremely lucrative. Square’s innovative products help businesses manage payments, run loyalty programs, market online, and more.
With compelling commissions and a trusted brand, the Square affiliate program provides an enticing opportunity to profit from your audience. If you have a website, email list, or social media following that caters to entrepreneurs, read on to evaluate if the Square affiliate program is right for you.
Overview of Square
Square is a financial services and digital payments company based in San Francisco. Founded in 2009, Square’s suite of tools enables businesses to accept credit card payments anytime, anywhere. Besides, Square provides integrated software and hardware to manage point-of-sale systems, customer engagement, payroll, and more.
The company has expanded into business loans, debit cards, enterprise solutions, and ecommerce integrations. Square now serves millions of businesses across the US, Canada, Japan, Ireland, France, Spain, Australia, and the UK.
Overview of the Square Affiliate Program
Square affiliate program is one of the financial affiliate programs. The Square affiliate program allows partner marketers to earn commissions by driving new activations and sales of Square products. As an affiliate, you receive custom tracking links and banners to promote services like Square Marketing, Square Loyalty, Square Payroll, etc.
When a prospect you’ve referred signs up for a Square account and completes qualifying transactions, you earn a commission.
Square provides creatives and a dedicated program manager to help affiliates maximize earnings. The program is ideal for business, finance, and tech influencers with engaged audiences.
Square Affiliate Commission and Payment Details
The Square affiliate program pays generous commissions ranging from $5 to $200 per action, depending on the product.
For example, you can earn:
- $10 for a Square Reader purchase for chip and contactless during activation
- $20 for a new Square account activation
- $200 for Square for restaurants first transaction
Besides, you can get bonuses when the people you refer become active Square sellers by accepting a card payment in the first 30 days.
When you direct people from your site to Square, you can earn money if they sign up within 30 days. Plus, you get a bonus if they do something that makes money within 45 days of signing up.
Impact will pay your commission by check or direct deposit around the 15th of the next month. You need at least $50 in your account by the end of the month to get paid. If not, it rolls over to the next month until you reach the $50 minimum.
Square Affiliate Program: Pros and Cons
Let’s see the benefits and drawbacks of the Square affiliate program:
| Pros | Cons |
| High commissions (up to $200) | Highly competitive niche |
| Minimum $50 payout | |
| Dedicated support and creatives | |
| No fee to join | |
| Long cookie window (30-45 days) |
Joining Square’s affiliate program brings high commissions ranging from $5 to $200 per referral, well above the industry average. Square’s premier brand, trusted globally, enhances conversion rates. Square also provides promoting materials (basic banners) and custom creatives. Besides, with a generous cookie duration of 30-45 days, there’s ample time to earn from each prospect.
However, it’s crucial to note potential downsides. The affiliate program operates in a highly competitive niche against financial apps and services. New affiliates might find it challenging because they need to earn at least $50 before getting paid.
Square Affiliate Program Sign Up: Step-by-step Guide
Here is a step-by-step guide to joining the Square affiliate program in 5 simple steps:
Step 1: Visit the Square Affiliate Program webpage
Go to https://squareup.com/us/en/affiliate and click “Apply Now” to access the application form.
Step 2: Sign up
Fill out the required information, including your name, contact details, website URL, and payment account details.
Then, read and accept the terms and conditions of the affiliate agreement.
Step 3: Wait for approval
Submit your application and wait for approval from the Square affiliate team.
Step 4: Start promoting
Once approved, access your affiliate dashboard to obtain your unique promo links and banners.
How to Maximize Your Earnings with Square Affiliate Program
To optimize your commissions and income as a Square affiliate, you should focus on the following best practices:
First, you can write detailed reviews comparing Square’s tools to others like Clover and PayPal. This not only provides valuable information to potential customers but also positions you as an authoritative source in the field.
Next, try to create unique and impressive tutorials, especially in video format. Videos are effective and can increase Square product sales. You can demonstrate clear steps and examples of how to use them.
Lastly, you can teach your subscribers by creating an email series to share information, tips, and success stories about Square. With this approach, your audience can understand better and can turn leads into customers, boosting your impact and affiliate earnings.
Is the Square Affiliate Program Worth It?
The Square Affiliate Program is definitely worth considering for several reasons. First, Square is a well-known brand for its financial services and mobile payments. Being part of their affiliate program is excellent for reaching a broad audience.
Plus, you can earn a good amount with Square. They pay you from $5 to $200 for different actions, like $10 for a Square Reader purchase or $200 for the first transaction with Square for Restaurants. Even with just 21 sales a month (less than 1 sale a day), you can make significant monthly commissions.
Another thing that makes this program worthwhile is the long credit for referrals – 30 to 45 days. And they offer good support with dedicated managers and tools to help you promote their services.
FAQs
Does Square offer an affiliate marketing program?
Yes, Square does offer an affiliate program, allowing affiliates to earn commission by promoting their products. Some of them include Square payments, Square hardware, Square invoices, etc.
What is the commission rate for the Square affiliate program?
Square pays affiliates generous commissions, ranging from $5-$200 for each successful sale from your custom link.
Who should join the Square affiliate program?
The Square affiliate program is ideal for business, finance, and tech influencers who have an audience interested in tools for accepting payments, managing businesses, and ecommerce solutions.
Is there a fee to join the Square affiliate program?
No, the Square affiliate program is free to join. There are no fees to sign up or participate.
Are there any minimum requirements to become a Square Affiliate?
There are no stated minimum sales or traffic requirements to join. However, you need an audience that would be interested in Square’s business products to have success.
Can the Square program be combined with other affiliate programs?
Yes, you can promote other affiliate offers along with Square, as there are no exclusivity limitations.
What are the best Square affiliate program alternatives?
Some top alternatives are affiliate programs from Squarespace, Cashapp, Payroll, Stripe, Clover, and Shopify. These programs also focus on financial tools and payments.
