Our rating(4.5/5)
Square Terminal is a multi-functional payment terminal, with POS functions, that works with WiFi.
With Square Terminal, you don’t need a connected tablet or computer at the checkout because the POS interface is on the touchscreen terminal. The pricing is simple, and there’s no lock-in contract.
  • Highs: No monthly fees or commitment. Can pay for terminal over several months. Very user-friendly.
  • Lows: On-screen POS features not expandable. Doesn’t work with phone network. Requires additional hub to connect with cash drawer.
  • Buy if: You want to save money and counter space by using one compact terminal as your main POS system.

Best Square Terminal offer

Get Square Terminal for $329 or pay over 3, 6 or 12 months. No ongoing fees or contract. Free delivery in 2-7 business days.

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We allow solution providers to offer product discounts for the benefit of our readers. These discounts do not influence our reviews or recommendations. Ratings are based on full retail price. (Full policy)

How Square Terminal works

Square Terminal works as a standalone EFTPOS-and-POS terminal with software and receipt printer built in. It accepts mobile wallets, chip (EMV), contactless (NFC) and magnetic stripe cards, and you can key in card details manually.

Apart from credit cards, Square accepts debit, corporate, prepaid, rewards and bank-issued eftpos chip cards for the same transaction fee. You only pay more for keyed-in card transactions.

Accepted cards

VisaMastercardAmerican ExpressEFTPOSContactlessApple PayGoogle PaySamsung Pay

Contrary to traditional credit card machines, the Square EFTPOS machine is more than just for card payments. You can, for example, accept gift cards and edit your product library on the terminal.

From start to finish of each transaction, the touchscreen is used to navigate POS functions, like you would in the Square Point of Sale app for Square Reader. Where required, customers enter a PIN code or sign to verify their card on the touchscreen.

All transactions and activities on the terminal are connected to your backend Square account, where you can find more features, ecommerce and additional tools.

The EFTPOS machine needs to be connected to the internet via WiFi. Alternatively, you can purchase a Hub for Square Terminal that allows you to connect via an Ethernet cable. Unfortunately, it does not work with 4G or other network connections the way a cell phone does.

Fees and payouts

A major upside to Square is their straightforward pricing structure. You just pay for the terminal, then a fixed transaction rate for any debit and credit cards processed. You are not subject to minimum sales volume requirements, payout fees or lock-in contracts. Unless you have opted to pay for the terminal over a number of months, there are no fixed monthly costs.

The card machine costs $329 upfront (including GST). You can also choose to pay in instalments of 3, 6 or 12 interest-free monthly payments (subject to credit check and approval). If you choose to pay over 12 months, the monthly instalment is $28 incl. GST. Repayments are handled internally by Square, not a third party provider, and the first instalment is taken when the order is placed.

Square Terminal – upfront price $329
Square Terminal – instalments $28 x 12 months
3- and 6-month plans available
Shipping Free
Chip, tap and swipe fee 1.6%
Keyed-in card fee 2.2%
Transfers to bank account Free
Refunds Free
PCI compliance Free
Chargebacks Free

* Costs include GST.

Transactions cost a fixed 1.6% rate for all dip, tap and swipe payments through the terminal regardless of card brand, country of issue or whether it is premium. All key-in payments through the terminal or online via email invoices, the online store or Virtual Terminal cost 2.2% per transaction.

Refunds are free to process and chargebacks incur no admin fees. You even get free payment dispute support from the Square team, should a chargeback occur.

Transactions are automatically transferred – for free – to your bank account the next day.

Photo: Square

Australian Square Terminal with Hub

Square Terminal Hub has three USB ports for optional POS accessories.

If you’re connecting the EFTPOS terminal to other hardware, you’ll need the Hub for Square Terminal, which costs $49. The Hub is also necessary if you need to use an Ethernet connection instead of WiFi.

In Square’s store, the following compatible accessories are also available:

  • Countertop mount: $25
  • Barcode scanner: $99
  • Cash drawer: $99
  • 20 x receipt paper rolls: $29

Terminal specs and features

Apart from looking pretty, what should you know about the payment terminal?

Physically, it’s a bit heavier than a traditional Ingenico card machine (417 g versus circa 300 g). This is due to the large screen, whereas a mainstream credit card machine with physical keypad only has a small display. Underneath are two rubber strips to keep it stable on a counter, and a hole if you need to screw the terminal on to a surface.

Square Terminal’s battery can last all day without a charge, which is impressive given the large, energy-consuming touchscreen. Still, we found that leaving it on standby drains the battery completely by the next day.

Photo: ES, Mobile Transaction

Square Terminal bottom side

Underneath the terminal.

As such, we recommend switching it off completely when you don’t plan on using it, to avoid having to recharge it before you use it next.

Photo: Square

Square Terminal receipt roll compartment

Receipt rolls are changed easily at the back.

Because it runs on a local, secured WiFi connection, it can be used anywhere on your premises, for example for taking payments at the customer’s table. The Ethernet connection through the Hub could be necessary if your WiFi is unreliable, but then you have to keep the Terminal connected at a checkout counter.

Tech specs
Dimensions 142.2 mm (L) x 86.4 mm (W) x 63.5 mm (H)
Display size 139.7 mm
Weight 417 g
Data WiFi (secured network only), Ethernet via Hub
Card technology EMV (chip), NFC (contactless), magnetic stripe
Battery life All day from full charge
Built-in receipt printer Uses 57 mm (width) x 35 mm (diameter) thermal receipt paper
Accessories included Square Terminal, power adaptor, receipt paper roll, ‘accepted cards’ decals

Software features are very similar to Square Reader’s mobile app, Square Point of Sale. For instance, the checkout screen gives you two options for adding to the shopping cart. I.e., enter transaction/price amounts manually or tap to add products from the library.

Photo: Square

Square Terminal AU keypad

Enter an amount to add to the bill.

Photo: Square

Square Terminal features

The product menu at checkout.

The checkout flow and products can be edited on the terminal – no need to log on to a computer to do it. Add product variants like size and colour and switch on eat-in or takeaway options if you’re a coffee shop, all of which can be selected during the checkout flow.

What about transaction options? Accept cash, payment cards and mobile wallets, ‘cards on file’ saved in the customer library, gift cards (issued from the terminal too), invoicing and manually-entered card details. Split the tender, add either custom or preset tipping amounts, and once the transaction is complete, print, email or text-message the receipt.

Photo: ES, Mobile Transaction

Square Terminal vs Square Reader

Square Terminal vs. Square Reader.

The customer library enables you to add a person to invoices instead of entering personal details manually. You can create and send Square Invoices directly on the terminal, accessed from the side menu. Over-the-phone payments are also possible – just add products or enter an amount on the regular checkout screen and choose manual card payment as the payment method.

Transactions, sales history and reports can be viewed on the terminal. In fact, you go to Transactions to process a refund (itemised or custom amount) or resend a receipt via email or SMS. Receipts can be customised in Settings, and food-and-drink merchants can set the Terminal to print order tickets.

Photo: Square

Square Terminal receipt

Paper receipts are printed above the touchscreen display.

Significant things you cannot do on the Terminal, which the mobile app can do, include:

  • Access team management features; and
  • Do more complicated product library edits.

The software is updated automatically daily when the Terminal is connected to the internet. Just be prepared to wait for the update to process when you switch on the terminal every day (it took minutes on most days we tested it). For increased security, set the terminal to request a password login every time it’s used. You can reset the password on the terminal if required.

Photo: Emily Sorensen (ES), Mobile Transaction

Square Terminal AU PIN on glass

Using the touchscreen of an industry-approved terminal like Square’s is secure.

Accessories and POS hardware

If you’re asking “how does this work with the rest of the POS system?”, we should emphasise the EFTPOS machine IS the POS system. That said, you can still connect it to hardware through the optional Hub for Square Terminal (purchased separately for $49). The Hub connects to the terminal via cable, has three USB ports for POS hardware and one Ethernet socket for a wired internet connection.

Compatible POS equipment is plugged into the Hub’s USB ports (Bluetooth is not accepted) and includes:

  • Receipt printers
  • Kitchen ticket printers
  • Kitchen display
  • Cash drawers
  • Barcode scanners

You cannot connect the terminal to a tablet or computer, since the built-in app has all the register features, and transactions happen directly on the cloud. But it is perfectly possible to run the full-fledged Square Point of Sale system on a tablet at the point of sale simultaneously to the independent Terminal connected to the Square account.

Square Terminal good for table-side orders? See Square for Restaurants

How does Square Terminal support online ordering?

While Square Terminal is mainly used for face-to-face transactions, Square has many options for accepting orders and payments remotely. These include:

  • Ordering for pickup or delivery;

  • Ordering via QR codes, displayed on your premises so customers can scan, order and pay using their phones;

  • Building a free eCommerce website with Square Online Store; and

  • Using Square Online Checkout to track payments and fulfill orders.

With regards to using Square Terminal for online ordering, you can receive, view and print online orders using the terminal. Even if your orders are executed via Square Online or a third-party delivery/ordering integration, you can do the following directly from Square Terminal’s Order Manager.

  • view order status;
  • update Order Fulfilment status;
  • view order type;
  • add tracking information to an order; and/or
  • cancel an order.

You can execute the above actions without having to use another Square product/interface like Square Dashboard or Square POS app.


On the Terminal, you can view sales history, generate custom reports and track sales by team members. You can’t view cash drawer session history like Square Point of Sale allows on a tablet.

All users have backend access to sales reports sorted by date, location, time period and more. These can be viewed in any internet browser logged into Square. Generated reports can be exported to Excel. There are lots of other free analytics on gift cards, popular sales categories, sales trends, transaction status, discounts, employee sales, etc. Custom reports can also be created.

If all of this is not enough, Square sales can be synced with the accounting platforms QuickBooks, Xero and Zoho Books.

Photo: Square

Square Terminal AU countertop

Square Terminal works as a standalone checkout solution, cash drawer aside.

Who is Square most suited for?

If you’re a small shop, café, hairdresser or any other type of merchant who doesn’t require a complicated checkout, Square Terminal will save you counter space and money because you don’t need to buy a receipt printer, tablet or touchscreen monitor.

If you’re cashless, it’s perfect since there is no cash drawer to connect to. Vice versa, an existing cash register without an EFTPOS machine could do well with a supplementary Square Terminal for card payments on the side.

If you sell primarily online, but have a brick-and-mortar store, the simple Square Terminal checkout could be what you need to connect those sales without superfluous equipment to fill your face-to-face shop.

It works best in locations with a fixed WiFi connection or countertop, where an Ethernet cable can be hooked up. For this reason, we would not recommend it for use on the go where WiFi networks can’t be relied upon.

Of course, if you’re already using a Square card reader, there’s no fuss changing over to a different system by going for Terminal. It is only if you’re after more custom features that we recommend looking elsewhere for card machines connected to advanced POS software specifically for your industry.

Photo: Square

Square Terminal table-side tipping

Square Terminal is good for table-side payments, accepting tips from the screen.

Customer service and user reviews

Customer support is available by phone, around-the-clock, exclusively for Square Terminal users. If it were Square’s other products, you would only have day-time support on weekdays. The online Support Centre answers most questions, though.

Square Terminal has a year’s warranty. If required, a next-business-day hardware replacement is available in metro areas. But wait – there’s more. You’re also free to change your mind and get a full refund within the 30-day cooling-off period.

In truth, customer reviews are mixed. Many users complain about poor service, account verification issues and funds being held. That said, such complaints are typical of payment companies. Many more users are positive about the ease of use, affordability and next-day transfers.

Looking for a cheaper terminal? Learn about the app-based Square Reader

Getting started

It’s very easy to get started with a Square EFTPOS machine. Just fill in an online sign-up form, submitting business, personal and bank account details to be verified by Square. The following business entities are usually accepted:

  • Companies
  • Partnerships
  • Sole traders/individuals
  • Trusts

It’s also necessary to have a government-issued ID (driver’s licence, Medicare card or passport) handy. You need an Australian-based bank account so you can receive transfers from Square.

The information will be assessed and verified by Square within days. Some trading areas are restricted, like multi-level marketing, escort services or harmful products, but such restrictions are typical of payment companies.

Accepting remote or keyed-in payments is possible before Square’s verification, in which case transactions are held by Square until your bank account is ready to receive money.

You can order the terminal right after signing up. Delivery takes 2-7 business days.

Square Terminal is so intuitive you can use it within minutes of opening the box – just make sure your WiFi is accessible so it can update the software.

Photo: ES, Mobile Transaction

Square Terminal hairdressing

Square Terminal is handy for carrying around in your work area.

Our verdict

Square Terminal is a great all-round POS terminal for a good price. A big advantage is the lack of contracts, while still including PCI compliance and ongoing customer service.

The POS software is basically the same as the Point of Sale app, but the lack of direct integration with Square’s iOS or Android app means the terminal is specifically suited as a separate checkout terminal or table-side payments in, say, a restaurant.

Square Terminal excels at usability over complicated features, so it’s a very user-friendly EFTPOS machine that’s not cluttered with irrelevant checkout features. The size is compact, style sleek, yet allows for plenty of extra business tools without breaking the bank.

Bottom line: Square Terminal offers superb value for small shops that need the most user-friendly, portable checkout without a lock-in contract.