How to Switch to Squarespace Payments: A Complete Migration Guide

How to Switch to Squarespace Payments: A Complete Migration Guide

By Michael Thompson

March 18, 2025 at 08:08 PM

Squarespace Payments is an integrated payment processing solution that handles transactions, payouts, and refunds all in one place. Here's everything you need to know about making the switch.

Key Benefits:

  • Centralized dashboard for managing payments, payouts, refunds, and disputes
  • Accept major payment methods (credit/debit cards, Apple Pay, Afterpay, Klarna)
  • Enhanced security with PCI compliance and data encryption
  • Next-business-day payouts to your linked bank account
  • Simplified transaction fee structure

Eligibility Requirements:

  • Available in supported regions (check availability guide)
  • Active Squarespace site (trial or paid Personal plan or higher)
  • Owner or administrator permissions

Supported Transaction Types:

  • One-time purchases
  • Subscriptions
  • Course pages
  • Video lessons
  • Donations
  • Invoices
  • Membership sites

Important Considerations Before Switching:

  • Saved payment methods for subscriptions will migrate to Squarespace Payments
  • Existing sales history and customer data remain intact
  • Stripe account will be unlinked from Squarespace
  • Customer checkout experience remains unchanged
  • New bank account link required for payouts

Switching Process:

  1. Wait for email invitation ("Migrate to Squarespace Payments today")
  2. Open Finances panel
  3. Click "Get Started with Squarespace Payments"
  4. Review and accept terms
  5. Start import process
  6. Link bank account for payouts

Note: Activation and data import may take up to 10 days. Subscription payments continue processing through Stripe until import completion.

Account Management:

  • Monitor payouts through dashboard
  • Handle disputes directly
  • Access transaction history
  • Manage business details
  • Review 1099-K tax information

This streamlined payment solution integrates seamlessly with your existing Squarespace site while providing enhanced features and simplified management tools for your business transactions.

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