Setting Up Squarespace Payments
TL;DR:
- Squarespace Payments consolidates your finances in a single dashboard for better control
- You need to be in a supported region with a personal plan or higher, plus site owner or admin access
- Each site needs its own separate payment account
- Connect a checking account after signup to receive payments
- Accepts major credit cards, Apple Pay, Afterpay, and Klarna
- Different business types may need tax advisor consultation during signup
Getting Squarespace Payments up and running starts with checking if it's available in your region. You'll need either a trial or paid Squarespace subscription at personal plan level or above, plus site owner or administrator access.
Who Can Set This Up
Only site owners or admins can sign up for Squarespace Payments. If you manage multiple sites, each one needs its own separate payment account. No exceptions here.
The Signup Process
Here's how to get started:
- Go to the Payments panel in your Squarespace dashboard
- Click "Turn on Squarespace Payments"
- Fill in the required details and agree to the terms
- Check your account connection status from the same panel once submitted
What You'll Need for Verification
The verification requirements depend on whether you're signing up as an individual or a company. You'll need basic business details, information about your products, and your personal connection to the business.
Connecting Your Bank Account
To actually receive money:
- Head to the Payments panel and connect a bank account
- After your first sale, link your bank account
- Your first payout has a holding period of 15-19 days
- Regular payouts process Sunday to Thursday (excluding bank holidays)
Payment Methods Available
Squarespace Payments accepts:
- Major credit cards (Visa, Mastercard, AMEX, and others)
- Digital wallets (Apple Pay and Link by Stripe)
- Buy now, pay later services (Afterpay/Clearpay and Klarna)
What You Can Sell
Squarespace Payments works for:
- Physical and digital products
- Subscriptions
- Member sites
- Donations
- Course sales
- Video page monetisation
FAQs
Do I need a Social Security Number to sign up?
Yes, if you're an individual in the US. Businesses need a taxpayer identification number (TIN) instead.
Can I manage multiple Squarespace Payments accounts?
You can handle payments across different websites, but each site needs its own separate Squarespace Payments account.
Does Squarespace Payments work internationally?
You need to be based in a covered location to sell, but you can sell internationally and set up your store to accept non-USD currencies.
What happens to my existing Stripe or PayPal accounts?
Squarespace Payments becomes your primary solution, but existing Stripe subscriptions continue running as normal.
Is Square the same as Squarespace Payments?
No. Square is a broader payment processor. Squarespace Payments is specifically designed for Squarespace-hosted sites.
Jargon Buster
Squarespace Payments: Squarespace's built-in payment processing and finance management system.
Buy now, pay later services: Payment options like Afterpay and Klarna that let customers split purchases into instalments.
Detached state with Stripe: When existing Stripe transactions continue running even though Squarespace Payments handles new transactions.
Wrap-up
Squarespace Payments brings all your business finances into one place, making it easier to track sales and manage payments. It's built specifically for Squarespace sites and supports multiple payment methods your customers actually use.
Ready to streamline your payment processing? Join Pixelhaze Academy for more Squarespace tutorials and step-by-step guides.