Get £1,000 Free Processing with Square

About This Offer

Square's referral programme is flexible. Once you sign up via the link above and verify your account, you will be offered a choice between two rewards.

This is the standard official referral bonus provided by Square in the UK. Both you (the new user) and I (the referrer) receive the same benefit. You won't find a "better" secret code elsewhere, so you can stop searching and start selling!

Choose Your Reward

• Option A – Free Processing: Receive free processing fees on up to £1,000 in card sales over your first 180 days. Ideal if you want to keep every penny of your initial sales.
• Option B – Hardware Discount: Get £20 off select Square hardware, such as the Square Terminal or Square Stand. Perfect if you need a physical card reader immediately.

How to Claim Your Reward

Follow these steps to claim your reward:

• Click the referral link above to visit the Square website
• Create your account with your email and business details
• Verify your identity and link your bank account so you can receive payouts
• Start taking payments – the fees on your first £1,000 of sales will be automatically waived, or apply your voucher to a hardware purchase in your dashboard

Square Hardware and Pricing

Square offers a range of card readers and POS terminals. The Square Reader (contactless and chip) costs around £19 + VAT. The Square Terminal, a standalone device with a built-in receipt printer, costs around £149 + VAT. There are no monthly fees or long-term contracts — you only pay the per-transaction processing fee.

Why Choose Square UK?

• No Monthly Fees: You only pay when you make a sale (usually 1.75% for card payments)
• Fast Deposits: Get your money as soon as the next business day
• All-in-One: The free Point of Sale (POS) app manages inventory, sales, and customer profiles effortlessly
• Hardware: From the tiny Square Reader to the all-in-one Square Terminal, their kit is sleek and reliable

What are Square's processing fees?

Square charges 1.75% per transaction for in-person chip and contactless payments. Online payments are charged at 2.5%. There are no monthly fees, setup costs, or minimum contract lengths. With this referral link, your first £1,000 of in-person sales is processed free of charge.

Does Square work for online payments?

Yes. Square offers online payment solutions including payment links, an online checkout, and integrations with popular e-commerce platforms. Online transactions are charged at 2.5% per payment. You can also create invoices and accept payments remotely.

How quickly does Square pay out?

Standard transfers reach your UK bank account by the next business day — take payments on Tuesday, the money lands Wednesday. If you need funds faster, instant transfer is available for a small percentage fee. Next-business-day as the free default is one of Square’s quiet advantages over traditional acquirers, where settlement commonly takes two to three days.

Square vs a traditional card machine contract

The traditional route — a leased terminal from an acquiring bank — means a monthly rental, a contract term, PCI compliance fees and a negotiated rate that only gets competitive at serious volume. Square inverts that: no monthly fee, no contract, no rental, just a flat percentage per transaction. The honest break-even: for low or seasonal volume (market stalls, side businesses, clubs, new shops) Square is almost always cheaper overall; a high-volume established business taking card payments all day may eventually beat Square’s flat rate with a negotiated merchant account. Start on Square, and renegotiate when your volume justifies it.

What do you need to start taking card payments with Square?

A UK bank account, photo ID for the sign-up checks, and a phone. That is genuinely the list — with Tap to Pay, a compatible iPhone or Android phone accepts contactless cards and Apple/Google Pay with no hardware at all, so you can take your first payment the same day you sign up. The card readers and terminals are optional upgrades for counters and higher volumes (and the £20-off hardware option in this deal covers them), not prerequisites.

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