It sounds to me like that phrase is there specifically to let them out of liability if someone gets busted under one of the many anti-fortunetelling statutes. R

It sounds to me like that phrase is there specifically to let them out of liability if someone gets busted under one of the many anti-fortunetelling statutes. Running a payment processor can open the door to all sorts of situations where someone could accuse you of profiting from the proceeds of crime. So they take an understandably proactive stance on making sure that there is no possibility that someone could mistake them for a deep-pocket for liability purposes. This way if, someone is caught using Square to charge for remarkably effective curses, the grieving relatives won't be able to sue Square for being party to the transaction.