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Squarepay

What it is

Squarepay is a web service for recurring payments within a domestic scheme. It includes mandate management and API access, with a free plan and three named paid tiers that charge per debit, per dishonour, and sometimes per customer setup. No Commitment lists $1.32 per debit, $5.50 per dishonour, two-day settlement, and a $2.20 one-off customer charge. Plus lists $1.10 per debit, $4.40 per dishonour, two-day settlement, and a $1.10 one-off customer charge. Premium lists $0.88 per debit, $3.30 per dishonour, two-day settlement, and a $0.00 one-off customer charge. Enterprise pricing is for businesses processing more than $100K per month. The supplied details list one supported country and web access.

For and against

For

  • Free plan available
  • Supports recurring payments
  • Includes mandate management
  • Provides API access
  • Two-day settlement on named tiers

Against

  • Domestic scheme coverage
  • One supported country listed
  • Dishonour charges apply
  • Enterprise pricing requires over $100K monthly processing

The verdict

Squarepay offers recurring domestic payment collection with mandate and API tools. Its named tiers differ mainly by debit, dishonour, settlement, and customer charges.

Who it suits

Squarepay suits businesses collecting recurring domestic payments through a web service. API access and mandate management may fit teams integrating payment workflows.

Plans and prices

No Commitment

Priced on request

$1.32 per debit · $5.50 per dishonour · 2-day settlement · $2.20 one-off per customer

Plus

Priced on request

$1.10 per debit · $4.40 per dishonour · 2-day settlement · $1.10 one-off per customer

Premium

Priced on request

$0.88 per debit · $3.30 per dishonour · 2-day settlement · $0.00 one-off per customer

Enterprise

Priced on request

Enterprise pricing for businesses processing more than $100K per month

Every plan, in full

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