Square vs Stripe

Find the right payment processing platform for your business.

How Square works

Square provides every business owner with the right solution to take credit and debit card payments in-person, online or both. Square also provides business solutions including POS hardware, marketing tools, online store builder, appointments, invoices, inventory management and business loans. Square’s flexible solutions help small businesses hit the ground running with transparent rates and no lock-in contracts or added fees.

How Stripe works

Stripe provides software and API’s to accept payments and send payouts. In addition, Stripe also offers pre-built integrations with third-parties, like Wordpress, or allows your developers to build your own checkout option with multi-currency support. Similar to Square, Stripe also offers a flat rate pay-as-you-go model. However unlike Square, it charges £15 for chargebacks.

Why people choose Square

Square can help you process nearly any kind of payment, any way you want, integrating seamlessly with all the tools to help you run your business. Simplicity is a necessity for any business that’s getting started. You can start taking payments right away without worrying about contracts or hidden fees, no matter whether you sell in person, online or on-the-go. Square also offers fast access to your funds with Square Instant Transfers and allows you to transfer your money into an external bank account as quickly as the next day as standard. Even if you’re not tech savvy, you can still expand your business with Square because it’s so intuitive and simple to use.

Square can help transform your business with innovative payment processing, both physically and digitally. If you’re still unsure about which solution is right for your business, the Square sales team can help you find the best fit.

Customer relationships

Keep new and existing customers coming back with tools that grow your business.

Omnichannel solutions for your business

Business solutions to sell anywhere and get paid anytime.

Take payments anywhere

Accept in-person or online payments with Square.

Develop on the platform that sellers trust

Build omnichannel experiences that connect more customers and businesses.

Square vs Stripe: a closer look


Both companies offer flat rate pay-as-you-go transparent pricing, so you don’t have to worry about any hidden costs or surprises.

  Square Stripe
UK card online payments cost: 1.4% + 25p 1.4% + 20p for UK (+1.1% for EEA cards)
International online payments cost: 2.5% + 25p 2.9% + 20p
In-person payments cost: 1.75% for all cards 1.4% + 10p per European card & 2.9% + 10p per non-European card
Chargeback fees: none £15
PCI Compliance PCI compliance and encryption included as standard 4p per authorisation for point-to-point encryption
Refunds: No charge No additional charge, but Stripe keeps the fees from the original charge
Hardware: £16 - £599 (+ VAT) £49+VAT - £179+VAT


Square is well known for its innovative, simple-to-use POS systems and kits. While Stripe offers only two different types of terminals, Square provides businesses with a wider array of POS and KDS hardware that best meets their needs.


Both Square and Stripe take security very seriously with end-to-end data encryption. Square software maintains Payment Card Industry Data Security Standards (PCI DSS) and handles all PCI compliance instead of merchants. On the other hand Stripe members must go through an annual PCI compliance validation.

Square offers a free online store and online ordering page builder with integrated credit card payment. If you already have an existing eCommerce you can easily add Square payments with third-party integrations or by using the API. Square also offers flexible pay links that you can use as embedded buttons, payment links or QR codes for online uses or for print pieces. With Stripe you can use their API or their pre-built checkout on your existing website. And similarly to Square Online Checkout you can use payment links.

Hardware for selling anywhere.

We design and build our hardware in-house, so it all works together seamlessly.

Square Reader

Take contactless payments anywhere with a card reader that pairs directly with your device.

Square Terminal

Take payments, print receipts and run your business with a powerful and portable payment terminal.

Square Register

Get an all-in-one POS register with a dedicated customer display that lets you start selling right out of the box.

Square Stand

Turn your iPad into a point of sale and take every kind of payment.

Start with Square today

Business and payments solutions that work for you.

Square business solutions

Point-of-sale solutions

The flexible and customisable POS system built for UK businesses of all shapes and sizes.


Send digital invoices, accept and track payments.

Online booking software

An app that turns your device into an appointment scheduling powerhouse.

Marketing tools

Reach more customers and automate your campaigns.

Resources to keep you up to date and on top.

It’s your business. We just want to help you keep doing it.

How Square works

Square connects all sides of your business with easy-to-use tools designed to give you time to focus on what you do best.

Business types

Square business software offers solutions that are essential for all business types, no matter what shape or size.

Compare Square

Learn more about how Square stacks up against other payment providers and business solution tools.

Competitive data on this page was collected as of 19 August 2022 and it is subject to change or update without notice. Square does not make any representations as to the completeness or accuracy of the information on this page.