The card transaction fees are the same for the Restaurants software as with Square’s other services: 1.75% per transaction via chip and PIN, contactless and swipe cards, whether by credit or debit card, domestic, foreign or premium card, or mobile wallet.
When a refund is processed to a customer, Square keeps the original transaction fee paid. Chargebacks incur no admin fees. If you want money deposited within a few hours, you can activate Instant Transfers for a 1% fee added to the base transaction rate – payouts in 1-2 working days are otherwise free.
Online transactions through payment links, your website or ordering page cost 1.4% + 25p for European cards and 2.5% + 25p for non-European cards. Virtual terminal and manually keyed in card payments at the till cost 2.5%.
Delivery orders that are placed online incur an additional 50p fee even though you deliver the food yourself. This is to pay for the additional features involved in takeaway orders, such as texting customers order updates.
Square Restaurant Kit bundles are available to purchase if you are not getting your own hardware elsewhere. They are delivered within only 2-3 working days.
We can see it’s cheaper to get these kits as a bundle through Square than to buy the equipment individually, but if you already have some of the items, it could be better to source the rest separately.