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


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

Is the Square Terminal 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 Terminal homepagemyPOS Go 2 homepage

Square Terminal vs myPOS Go 2: The Basics

Square TerminalmyPOS Go 2
Payment Company NameSquaremyPOS
Machine TypeMobile POSCard Machine
Where To Buy It?Click Here To Buy The Square TerminalClick Here To Buy The myPOS Go 2

Square Terminal vs myPOS Go 2: Which Is Cheaper

Below we compare the cost of buying the Square Terminal 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 Terminal pricingmyPOS Go 2 pricing
Square TerminalmyPOS Go 2
Price For The Machine (excluding VAT)£149£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 Terminal vs myPOS Go 2 Reviews

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

Square TerminalmyPOS 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 Terminal vs myPOS Go 2 Accepted Cards

Both the Square Terminal 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 TerminalmyPOS Go 2
Accept VisaYesYes
Accept MastercardYesYes
Accept AmexYesYes
Accept Apple PayYesYes
Accept Google PayYesYes
Accept Union PayNoYes
Accept JCBNoYes
Accept DiscoverNoNo

Square Terminal vs myPOS Go 2 Features


Square Terminal
myPOS Go 2
Mobile Phone RequiredNoNo
Built-In PrinterYesNo
Touch ScreenYesNo
Take Phone PaymentsYesYes
Take Online PaymentsYesYes
Business Bank Account IncludedNoNo

Square Terminal Features

Square Terminal features

  • Any type of payment method, including chip and PIN, mobile and contactless card payments
  • Fair pricing with no monthly fees
  • Data security
  • Monitor suspicious activity and block fraudulent transactions
  • Offline Mode
  • 24/7 phone support

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 TerminalClick Here To Buy The myPOS Go 2

More Card Reader Comparisons

Square Terminal vs myPOS Go Combo
Square Terminal vs myPOS Pro
Square Terminal vs Worldpay Simplicity POS
Square Terminal vs Revolut Reader
Square Terminal 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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