Squarespace Payment Processing Options
Main Options: Stripe and PayPal
If you are having customers complete a purchase and checkout on your Squarespace website, your options are Stripe and PayPal.
If you use Stripe, you can enable Apple Pay. If you use Stripe and are on the Commerce plan or above, you can enable Afterpay.
If you use Squarespace point of sale for in person payments, you’ll use Square.
If you use PayPal, you’ll need to transfer the money you make out of PayPal into your bank account, whereas Stripe automatically deposits it in your bank account.
If you use PayPal, you need to have a Business Account. You can upgrade a personal account pretty easily. Just login to your account, go to Settings (top right corner), scroll down and click Upgrade to a Business account. Fill out the information (you’ll need your business name - if you’re a Sole Proprietor it’s just your name) and submit.
Squarespace now offers their own payment processor - Squarespace Payments. At this point, I would still recommend using Stripe instead.
FAQs
Can I offer payment plans?
You can enable Afterpay if you are using Stripe and are on one the Commerce plans, but only for physical products (not service or digital products).
What platform do you recommend?
I would go with Stripe in most cases.