Square for Retail Pricing
Square for Retail’s monthly subscription cost is determined by the plan you choose and the number of active locations in Square. Square for Retail Free is available at no cost and works with single-location accounts. Square for Retail Plus is available at £49 per month, per location. Learn more about the differences between Square for Retail Free and Square for Retail Plus.
Locations & Devices
For each location accessing Square for Retail Plus’s advanced inventory system, there is a £49 subscription fee – charged on the first of the month.
Here are some examples of the billing structure with Square for Retail Plus.
|1 Location||£49 x 1 = £49|
|2 Locations||£49 x 2 = £98|
|3 Locations||£49 x 3 = £147|
When you dip or tap your customer’s card through Square for Retail Plus for iOS, your processing fee will be 1.6% per transaction. When using Square for Retail Free to swipe, insert or touch your customer’s card, your processing fee will be 1.75%. For all other types of transactions (such as card-not-present, Virtual Terminal, or invoices), you’ll pay Square’s standard processing fee.
|1.6%||Swiped Magnetic stripe Cards, Swiped or Inserted Chip and PIN Cards, Contactless (NFC) Payments, Prepaid Gift Cards with Square for Retail Plus|
|1.75%||Swiped Magnetic stripe Cards, Swiped or Inserted Chip and PIN Cards, Contactless (NFC) Payments, Prepaid Gift Cards with Square for Retail Free|
|2.5%||Keyed-In Cards, Card on File Transactions, Virtual Terminal Payments with Square for Retail Plus or Free, Invoices, Online Shop|
It’s important to note, the rate of 1.6% for card-present transactions is only for payments processed through Square for Retail Plus. If you use the Square Point of Sale app or Square for Retail Free to process payments, you will pay the standard processing fee of 1.75% for card-present transactions.
Also, if your subscription lapses or you unsubscribe from Square for Retail, you can still utilise Square for Retail Free to process payments, but your processing fee will return back to the standard 1.75%.
Learn more about managing your Square for Retail subscription.