Helping businesses of all sizes

Our partnership with Square means you can take online and in-person payments from your customers quickly and easily. Square’s helpful tools also allow you to manage orders, invoicing and reports too.

As a TSB Business Banking customer, you’ll benefit from:

  • A free Square Reader and no processing fees on your first £1,000 of sales.*

  • No long-term commitments and no hidden fees – you only pay when you make a sale.

  • Quick access to your money – payments are in your account as soon as the next business day.

*TSB receives a commission when you start using your Square account and you have finished your fee-free £1,000 of sales.

Square has options to suit your business


High street businesses

Square Reader enables you to accept chip + PIN, contactless payments and Apple Pay or Google Pay anywhere. Connect wirelessly and accept payments quickly so you’re ready for the next customer.

Get your free reader


Online businesses

Create an online store and accept credit and debit card payments online. You can also send invoices or add secure Square payments to your existing websites.

Get £1,000 of fee-free processing*


Larger businesses

If your annual turnover is £200k or more, Square can offer custom pricing packages. Speak to Square to see if you qualify. 


Request a call from Square



Why choose Square?

Meet your customers wherever they are – whether you’re selling in person, online or on the go, Square helps you reach more customers in more places and keep everything in sync with one set of connected tools.

Fair and transparent pricing - you only pay when you make a sale. No long-term commitments and no hidden fees. Rates available at

Stay safe and secure – rest assured your customer information is secure, and Square systems monitor your payments to keep an eye on suspicious transactions to help avoid costly chargebacks. To protect payments, Square uses full end-to-end encryption and is Payment Card Industry (PCI) compliant.

Help when you need it – if you need advice and support, Square can help you and your business, including refund and payment dispute handling. Engage with Square’s online community for support, and to ask questions about growing your business. And, get your business discovered on Squares ‘Give & Get Local’ eGift card seller directory.

How Square supports a variety of businesses

Hardware, software, orders and payments. The ‘Square for Restaurants’ point of sale (POS) system streamlines operations, so you can spend more time growing your restaurant.

Accept debit and credit cards, and run your trades and services business from your smartphone or tablet. Dry cleaning, laundry, home repair, trades or any other service - Square can help you simplify your accounting, manage your team and get paid fast.

Square for Retail offers a full point of sale (POS) system to help you run your retail business. Manage your inventory, sell online and in-store, keep in touch with your customers, and run your business, no matter your size or style.

Square provides flexible tools to manage your health and fitness business. Whether you’re training on-the-go or running multiple gym locations, Square’s payment processing solutions and hardware takes care of the work, so you can get back to your clients.

Collect deposits with digital estimates. Bill clients with invoices online or take payments over the phone.

Simplify scheduling with Square Appointments. Let your customers book online and send reminders. Start selling your products online with a website that allows for click & collect, shipping or delivery. Plus sell eGift Cards for future business.

How do I sign up to Square?


Create a Square account by entering a few details about your business and the bank account of where you’d like your funds transferred. You can set up an account here.


Start taking online payments - create an online store using Square’s site builder or add secure Square payments to your existing website. Download the Square Invoices app to send invoices on-the-go. 


For in-person payments - download the Square Point of Sale (POS) app available for both Android and iOS.   


Connect your wireless Square Reader using Bluetooth to accept contactless and chip + PIN payments.

You’re ready to go - remember, your account is automatically loaded with fee-free processing on your first £1,000 in sales.*



*TSB receives a commission when you start using your Square account and you have finished your fee-free £1,000 of sales. Afterwards, standard processing fees apply. Square charges 1.75% for all face to face transactions including Visa, Master Card and American Express. For card-not-present transactions, Square charges 1.9% for European cards or 2.9% for non-European cards for their online payment products including Online Store, Checkout Links, eCommerce APIs and SDK (online APIs), and purchases of Digital Gift Cards. Virtual Terminal, Square Invoices and Manually keyed-in card payments on the Square Point of Sale app have a fee of 2.5%.
Some links on this page link to a website managed by our partner Square. While all reasonable care has been taken by our partners to ensure that the information provided is correct, no liability is accepted by TSB Bank for any loss or damage caused.
Apple Pay is a trademark of Apple inc. registered in the US and other countries.
Google Pay is a trademark of Google LLC. Android, Google Pay, and the Google Logo are trademarks of Google LLC.
© 2021 Squareup International Ltd.
Squareup Europe Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (registered reference no. 900846) for the issuing of electronic money and provision of payment services.