Accept Payments with Clearpay on Square Online Checkout FAQs
Clearpay is a buy now, pay later (BNPL) service that allows customers to pay for online orders in four interest-free payments over six weeks. You get the full amount – up front.
Eligible sellers are automatically able to use Clearpay when they create a payment link with Square Online Checkout, allowing customers to select Clearpay as a payment method at checkout. Sellers will receive the full amount up front. Learn more about how Clearpay works on their website.
Enabling Clearpay with Square is free – there are no monthly fees or startup costs. The Clearpay processing fee is 6% + 30p per Clearpay sale.
Square sellers using Clearpay get paid the full amount at the time of purchase, minus a processing fee on the total order.
You only pay when you make a sale – there are no processing fees charged on the remaining instalments or if your customer makes a late payment.
Clearpay rates are fixed and do not vary by subscription type, hardware or custom pricing.
Enable or Disable Clearpay
To enable or disable Clearpay payments on your Square Online Checkout payment links:
From your Account & Settings page, go to Business information > Payment methods.
Under Clearpay, select ••• > Edit settings.
Toggle the Online option on or off, then select Save.
When enabled, the Online option ensures you can offer Clearpay to customers on your Square Online Checkout links. If disabled, customers can’t use Clearpay to check out.
Note: The setting for online payments with Clearpay is global and applies across all Square products that can also take Clearpay payments online. This includes other online platforms such as Square Online and Virtual Terminal. There isn’t a way to disable Clearpay only for Square Online Checkout links at this time.
Eligibility for Clearpay is dependent on several factors, including how your business is structured and what you sell. Here are some notes to keep in mind:
Sellers must be in an approved merchant category
Sellers must be based in the United Kingdom
Sellers can’t have multiple Tax Identification Numbers (TINs) or business numbers
Restricted digital goods or services are not eligible at this time
Item or basket totals outside of the eligible purchase range not supported
Custom pricing not supported
Cross-border orders not supported
Review our Clearpay Merchant Terms for more information on eligibility, merchant categories and more.