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Square Will Allow Businesses to Accept Installment Payments

October 4, 2018 Square , financing options , installment payments , Square transactions , Square Capital , Square payments , monthly payments , installment plan , Square Installments , Square payment plan , Square financing , installment agreement , small business financing , Square small business , fixed monthly payments , purchase terms , financing terms John H. Oldshue

Today, Square introduced a program allowing small businesses to accept installment payments from their customers. With Square Installments, customers can split large purchases into fixed monthly payments, but the business still receives the full purchase price upfront. A recent study from Klarna showed 82% of online merchants believed that offering instant financing would increase their sales.

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