Updated Oct 2026
Short answer: Square UK in person keeps £98.25 on £100 at 1.75%. Verified 8 Oct 2026.
Square UK keeps £1.75 of a £100 card-present payment (1.75%), so you keep £98.25.
Card present
Where this sale goes: you keep £98.25. Fees £1.75.
£100 - 1.75% - £0.00 = £98.25. Plan £0. Planning only.
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Shopify Basic keeps £97.75 on the same £100 · Shopify UK keepAffiliate link: we may earn a commission. Compensated as a Shopify affiliate.
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| Way they pay | Rate | Fee on £100 | You keep |
|---|---|---|---|
| In person (chip, PIN, or contactless) | 1.75% | £1.75 | £98.25 |
| Online, UK card | 1.4% + 25p | £1.65 | £98.35 |
| Online, non-UK card | 2.5% + 25p | £2.75 | £97.25 |
| Invoice, keyed-in, or card on file | 2.5% | £2.50 | £97.50 |
Online UK cards are 1.4% + 25p (keep £98.35). Non-UK cards online are 2.5% + 25p (keep £97.25). Invoices, Virtual Terminal, keyed-in, and Card on File are 2.5% (keep £97.50). This page uses those table rates. It does not add a further 1.5% on top of the in-person 1.75% rate.
Source: Square UK fee schedule (updated 2 February 2026). Planning only. Not affiliated.
keep × 30
When the page opens: KEEP £98.25. Official card-present rate is 1.75% (squareup.com/gb/en/legal/general/fees, updated 2 February 2026). Formula: KEEP = sale − 0.0175 × sale. Online UK cards are 1.4% + 25p, so £100 keeps £98.35. Non-UK cards online are 2.5% + 25p, so £100 keeps £97.25. Invoices and keyed-in payments are 2.5%, so £100 keeps £97.50.
No. The keep shown for in person is 1.75% only, which is £98.25 on £100. Non-UK online cards use the table rate of 2.5% + 25p.
Not affiliated with Square. Educational planning only.
I get commissions for purchases made through links in this post. Compensated as a Shopify affiliate.