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Monday, Nov 18, 2024

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.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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