How to Cancel Your Square Account
Log into your Square Dashboard
Go to Account & Settings > Account > Deactivate Account. Square does not require advance written notice.
Download your data
Export your sales history, customer data, and item catalog from Square before deactivating. Go to Reports > Sales Summary > Export.
Return or keep Square hardware
Square hardware (readers, terminals) is not returned. Square Reader (free) can be discarded. Purchased Square Terminal/Stand are yours to keep or sell.
Notify your staff
Let employees know about the transition date and any new POS or terminal workflow changes.
Process your last Square batch
Make sure all transactions have been settled before deactivating. Check pending payouts and wait for final deposits.
What to Expect During the Transition
The transition from Square typically takes 2–5 business days from application approval to live processing. Most merchants run parallel briefly — keeping Square active for existing transactions while the new account is set up.
Timeline
Day 1–2: Submit application and Square statement. Day 2–3: Underwriting and approval. Day 3–5: Equipment shipped (or activated). Day 5: Live processing on Liberty Bancard.
How Liberty Bancard Handles the Switch for You
Liberty Bancard handles the application, underwriting, equipment shipping (for qualifying merchants), terminal programming, and go-live support. You do not need to contact Square about your new processor — simply stop using Square once your Liberty Bancard account is active.
What You Need to Get Started
- Last 3 months of Square processing statements
- Business bank account information (for deposits)
- Business license or legal formation documents
- Social Security Number or EIN for underwriting
- Voided check or bank letter for funding setup
Ready to Start?
Upload your Square statement and we'll handle the rest — statement review, application, underwriting, equipment, and go-live support. Most merchants are fully live within a week.
Upload Your Statement to Start See Liberty Bancard vs Square