Bring in more business with buy now, pay later.

Let customers pay in instalments, while you get paid in full with Clearpay. More options for them. More sales for you.

Your customers pay

4 interest-free instalments over 6 weeks.

You get paid

In full, as soon as the next working day.

Your customers pay

4 interest-free instalments over 6 weeks.

You get paid

In full, as soon as the next working day.

BNPL by the numbers

Offering Clearpay as a BNPL (buy now, pay later) payment option can help boost your sales and attract valuable customers – at no risk to your business.

40%

Clearpay customers spend 40% more per transaction than traditional customers.¹

50%

Clearpay customers shop 50% more frequently than traditional customers.¹

20 M

Clearpay has over 20 million active customers around the world.²

Always know what you’ll pay.

In Person

Limited Time

1.75% per transaction

Available until 31st October 2022.
6% + 30p per transaction afterwards.

Online

Limited Time

1.9% per transaction

Available until 31st October 2022.
1.9% for UK card transactions. 6% + 30p per transaction after 31st October 2022.

Developers

6% + 30p per transaction

For all Clearpay transactions through Square Web Payments SDK.

You can remove Clearpay at any time by updating your settings in Payment Methods.

Offer interest-free instalments with Clearpay.

£50
£50
£50
£50

Enabling Clearpay with Square is free. There are no subscription fees or start-up costs. You only pay when you make a sale. Give your customers more flexibility at checkout and see how your business can grow.

FAQs

  • How does buy now, pay later work?

    Buy now, pay later, or BNPL, is a payment option where a customer pays for a purchase over time in instalments, while merchants get paid in full. With Clearpay, Square merchants can let customers pay in four interest-free instalments over six weeks.

  • How do I set up buy now, pay later?

    The buy now, pay later payment method from Clearpay is available to many businesses in the UK. To see if you are eligible for Clearpay and to enable it for your business, log in to your Square Dashboard and review your Payment Methods.

    If Clearpay is available to your business, you can toggle on Clearpay acceptance both Online and In-Store from within this setting. If you do not see Clearpay available within your Payment Methods, you are ineligible to offer Clearpay at this time. Get more details

  • How much does buy now, pay later cost?

    Merchants using Clearpay get paid in full at the time of purchase, minus a processing fee on the total order.

    Clearpay Processing Rates

    • Square Online and Square Online Checkout transactions will have a discounted Clearpay processing rate of 1.9% and Square Online Premium will have a discounted processing rate of 1.75% until 31st October 2022. Applies to UK card transactions only. Afterwards the Clearpay processing rate will be 6% + 30p.
    • In Person: Payments processed in person will have a discounted Clearpay processing rate of 1.75% until 31st October 2022. Afterwards, the Clearpay processing rate will be 6% + 30p.
    • Developers: Clearpay transactions through Square Web Payments SDK will be 6% + 30p.
  • What about fraud and chargebacks on BNPL payments?

    The platform is set up so Clearpay takes on the risk of customer fraud for you so you can focus on growing your business. You will receive the full payment and at no risk to your business.

  • What if I don't want to offer Clearpay to my buyers?

    Clearpay is an optional payment method that Square offers to sellers. If at any time you decide you do not want to offer Clearpay at checkout, you can turn it off within your Dashboard settings.

    Go to dashboard ->

  • Do my custom processing rates carry over to Clearpay payments as well?

    All transactions processed through Clearpay will be charged at our standard Clearpay rates. This Clearpay-specific rate allows you to get paid in full, while Clearpay takes on all risk associated with customer fraud and late payments.

    Clearpay Processing Rates

    • Square Online and Square Online Checkout transactions will have a discounted Clearpay processing rate of 1.9% and Square Online Premium will have a discounted processing rate of 1.75% until 31st October 2022. Applies to UK card transactions only. Afterwards the Clearpay processing rate will be 6% + 30p.
    • In Person: Payments processed in person will have a promotional Clearpay processing rate of 1.75% until 31st October 2022. Afterwards, the Clearpay processing rate will be 6% + 30p.
    • Developers: Clearpay transactions through Square Web Payments SDK will be 6% + 30p.
  • How can my customers set up Clearpay?

    Simply direct your customers here to set up their Clearpay account. Make sure you are contacting your customers with the necessary marketing permissions.

  • How do refunds work with Clearpay?

    If your customer chooses to make a return, they will be refunded their full payment amount, and you will refunded any processing fees.

    For details on how to guide a customer to make an in-person Clearpay return, please reference this article.

    How to return Clearpay card purchases ->

See Clearpay.co.uk for full terms.

¹“Quantifying The Incremental Impact of Clearpay” Mastercard 2021
²Clearpay Annual Report FY 2021
*Sellers on the Square Online Premium plan will enjoy a 1.75% promotional rate on Clearpay transactions until 31st October 2022.