Accepting HSA/FSA Payments with Square

Square supports the use of Health Savings Account (HSA) and Flexible Spending Account (FSA) cards for payment. However, in order to accept these types of payments, your business must be configured as a healthcare provider within Square.

Setting Up Your Business

To ensure that transactions with HSA/FSA cards process correctly, your business should be categorized under a healthcare-related Merchant Classification Code (MCC). This includes categories like Medical Practitioner, Services, or Dentistry.

Steps to Ensure Compliance

1. Verify that your Square account is set up with the correct healthcare provider category. This is crucial for aligning your business with eligible medical expenses.
2. If your account is not already configured correctly, you must contact Square support to adjust your account settings.
3. Once updated, your account will align properly with qualified services such as therapy or prescriptions, ensuring smooth transactions.

By following these steps, you can ensure compliance and facilitate seamless processing for your customers using HSA/FSA cards.