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Square Reader vs myPOS Go 2: Which Is Better In 2025?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Is the Square Reader vs myPOS Go 2 better for your UK small business?

We compare both machines based on real user reviews, prices and what features they each offer.

You can also find our comparison of all the best card machines here.

Square Reader homepagemyPOS Go 2 homepage

Square Reader vs myPOS Go 2: The Basics

Square ReadermyPOS Go 2
Payment Company NameSquaremyPOS
Machine TypeCard MachineCard Machine
Where To Buy It?Click Here To Buy The Square ReaderClick Here To Buy The myPOS Go 2

Square Reader vs myPOS Go 2: Which Is Cheaper

Below we compare the cost of buying the Square Reader compared to the myPOS Go 2 and how much each charge you to use them.

You can also see if either qualify as one of the 7 Cheapest Card Readers.

Square Reader pricingmyPOS Go 2 pricing
Square ReadermyPOS Go 2
Price For The Machine (excluding VAT)£19£39
Minimum Monthly FeeNoneNone
Standard Debit Card Transaction Fee1.75%1.10% + £0.07
Standard Credit Card Transaction Fee1.75%1.10% + £0.07
Amex Card Fee1.75%2.45% + £0.07
Standard Card Not Present Fee1.4% + 25p for UK cards 2.5% + 25p for non-UK cards1.30% + £0.15
Contract RequiredNoNo
Minimum Transaction Amount£1£1
How Soon Can You Get Your MoneyNext Buisness Day or Instant Option for 1% FeeInstant to their merchant account
Data taken from each company’s website

Square Reader vs myPOS Go 2 Reviews

Does the Square Reader or the myPOS Go 2 have better reviews? We compare Trustpilot, iPhone and Android app reviews below.

Square ReadermyPOS Go 2
Trustpilot Rating4.34.2
Number of Trustpilot Reviews2,2909,617
iPhone App Rating4.8No Rating
Number of iPhone Reviews10,300No Reviews
Android App Rating4.8No Rating
Number of Android Reviews213,000No Reviews

Square Reader vs myPOS Go 2 Accepted Cards

Both the Square Reader and myPOS Go 2 accept standard debit and credit cards issued by Visa and Mastercard. But do they accept other card types? We compare below:

Square ReadermyPOS Go 2
Accept VisaYesYes
Accept MastercardYesYes
Accept AmexYesYes
Accept Apple PayYesYes
Accept Google PayYesYes
Accept Union PayNoYes
Accept JCBNoYes
Accept DiscoverNoNo

Square Reader vs myPOS Go 2 Features


Square Reader
myPOS Go 2
Mobile Phone RequiredNoNo
Built-In PrinterNoNo
Touch ScreenNoNo
Take Phone PaymentsYesYes
Take Online PaymentsYesYes
Business Bank Account IncludedNoNo

Square Reader Features

Square Reader features

  • Chip and PIN and contactless card reader
  • 24/7 fraud prevention and payment dispute management at no extra cost
  • Get money in your bank account as soon as the next working day, or instantly for a fee
  • Packs a powerful battery in a pocket-sized POS
  • Square Reader stays connected to your device

myPOS Go 2 Features

myPOS Go 2 features

  • Light and compact
  • Long-lasting battery for a full day of accepting payments on the go
  • 3G/4G via an integrated data SIM card
  • Tactile keyboard

Click Here To Buy The Square ReaderClick Here To Buy The myPOS Go 2

More Card Reader Comparisons

Square Reader vs myPOS Go Combo
Square Reader vs myPOS Pro
Square Reader vs Worldpay Simplicity POS
Square Reader vs Revolut Reader
Square Reader vs Shopify WisePad 3 Reader

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



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