Payments Processor Square is now Live in the UK

By Gary Cutlack on at

People with small businesses in the UK now have another way to process credit card payments alongside options from Paypal and iZettle, with celebrity Tweeter Jack Dorsey's Square now out of beta testing and live for UK purchase and use.

Much like Paypal, it's a simple enough proposition. You buy the reader for an upfront fee -- currently £39 -- which connects to your smartphone and the Square app for verification and internet connection, then pay a commission on each sale. Fees stand at 1.75 per cent of each face-to-face swiped or contactless card transaction, with the option of a 2.5 per cent cut on taking sales over the phone.

Being owned by Twitter founder Jack Dorsey means it obviously has a UK Twitter page now, which is all white and new and only has two tweets at time of writing. [Square]