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Wednesday, Oct 4, 2023

LegalZoom Partners on Payment Processing for Entrepreneurs

LegalZoom.com Inc., the Glendale-based online legal document vendor, has partnered with Square to provide small businesses with point-of-sale payment software and operations management tools.

This partnership will allow LegalZoom customers to access and receive preferential pricing on offerings available with Square from the moment they form their business or to support growth among established businesses.

Square, a San Francisco-based digital payments company, helps businesses reach buyers online and in person, manage their business and access financing.

“We know that officially forming a business is just the beginning of an entrepreneur’s work,” said Kathy Tsitovich, chief partnerships officer at LegalZoom, in a statement. “So many other services are needed to launch and scale a business, including payment processing, and we want to make sure new business owners get the right tools at the right time.”

Tsitovich added that millions of small business owners already trust Square “due to its impressive infrastructure and versatility across industries, so we’re proud to recommend their products to our customers. With this partnership, and others to come, LegalZoom customers have access to a curated ecosystem of trusted partners that can propel their business forward.”

Eugene Tsay, head of Solutions and Channel Partnerships at Square, added: “Square and LegalZoom share a mission to empower business success.”

Shares of LegalZoom (LZ) closed Tuesday down 84 cents, or 3.1 percent, to $26.03 on the Nasdaq, on a day when that market closed up a fraction of a percent.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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