Get £1,000 Free Processing with Square

Start your business journey with a boost. Choose free processing or a hardware discount.

Checked 14 Aug 2026

Claim Free Processing

T&Cs apply · Referral link — we may receive a reward if you sign up.

Referral Link:https://referral-links.uk/r/square

At a glance

Offer
Free Processing or £20 Off
What you get
Use our referral link to sign up for Square UK and choose your welcome reward: free processing on your first £1,000 of sales or £20 off Square hardware.
Both sides benefit?
Both may receive a reward after the qualifying steps
Link opens
squareup.com
Last verified
Checked 14 Aug 2026 · how we check

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 UK referral benefits both the new seller and the referrer. You must be new to Square and sign up through the referral link. Square runs other promotions too, so compare the reward you will actually use.


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
  • Choose your reward before taking your first payment. If you take a payment first, or do not choose within 30 days, Square automatically applies free processing.

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?

UK in-person payments cost 1.75%, with an extra 1.5% for non-UK-issued cards. Square Online, online checkout and eCommerce API payments cost 1.4% + 25p for UK cards or 2.5% + 25p for non-UK cards. Manual-entry, card-on-file, Virtual Terminal and invoice payments use a different rate. See Square’s fees by payment type.


Does Square work for online payments?

Yes. Square supports payment links, online checkout and e-commerce integrations, as well as invoices and remote payments. The fee depends on the payment method and card origin; online checkout is not charged at the same flat rate as manually entered card details.


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, fees based on the payment method and card origin. 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.


More business tool deals

Running a small business? We also cover GoCardless (£100 bonus) for collecting Direct Debits and Xero (90% off for 6 months) for accounting.


Is £1,000 free processing a £1,000 cash bonus?

No. It waives processing fees on up to £1,000 of eligible card sales, for at most 180 days. At the standard 1.75% UK in-person rate, that is £17.50 of fees. Square reimburses eligible fees with transfers. The alternative is one £20 discount on eligible hardware. See the referral terms and reward selection guide.


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