Cards accepted using Square for Retail Plus or Square Appointments (paid version): 2.5% + $0.10įor payments you accept without the card in hand, such as online, invoice and recurring payments, you'll pay one of the following transaction fees:.
Cards accepted using a Square Reader, Square Register, Square Stand, Square Terminal or Square for Restaurants: 2.6% + $0.10.
Card-Present Transactionsįor credit cards, debit cards and contactless payments that you accept in person, you'll pay one of the following fees: If your customers prefer to pay using rewards, business, international or American Express cards, you may save money by using Square. Card brands are treated likewise, so you pay the same rate whether your customer pays using Visa, Mastercard, Discover or even American Express. Square doesn't distinguish between card types it charges the same rate for debit, credit, rewards and corporate cards. It has transparent pricing, and you can find complete details about its processing fees on its website. It has an application that can be completed in minutes, a free app and a free credit card swiper for each account, no contract, and simple flat rates.Īlthough Square charges a couple of different rates, and the one you'll pay depends on how and what you use to accept payments, the flat-rate pricing makes it easy to estimate how much you'll pay the processor each month. A big part of Square's appeal is that it makes credit card processing accessible for all businesses, even microbusinesses and individuals.
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